Source Feed: The Globe and Mail
Author: Mariya Postelnyak, Sean Silcoff
Publication Date: October 31, 2025 - 18:01
Ottawa to unveil stablecoin plans in budget, sources say
October 31, 2025
Ottawa is preparing to roll out draft stablecoin legislation as soon as December, as Canada seeks to catch up to U.S. moves that have pushed the fiat-backed digital asset into the mainstream.
According to three sources familiar with the matter, the proposed framework, which is expected to be unveiled in the federal budget on Tuesday and tabled before holiday recess, drew significant inspiration from the Genius Act in the United States.
Unpublished Newswire
It’s raining in Ottawa as I write this, and it’s cold. It’s not a great time to play chicken with the future of the country, but here we are. The budget is tomorrow, and rumblings in the press suggest the government could fall over it. The opposition parties are weighing their options. Everybody is making demands, but there’s no ideal world, no theodicy, in which all the pressures and tensions and inconsistencies may be resolved—lower and higher taxes, more and less social program spending, government intervention to address the climate crisis, and government abdication from that role....
November 3, 2025 - 06:30 | David Moscrop | Walrus
During the August long weekend, a Canadian politician sat in a Smitty’s diner, recording a selfie video. He talked about a waitress he met who worked at least sixty hours a week but still finds that her money “vanishes into thin air.” This, he noted, is “what I see everywhere. People telling me that they’re working harder and harder, and their money just evaporates.”
It sounds like something the leader of the New Democratic Party might say. The story is about ordinary Canadians stretched thin. It’s a story of the working class. But no, the kitchen-table parable was delivered by Pierre...
November 3, 2025 - 06:29 | Colin Horgan | Walrus
Good morning. As fans, new and old, are still recovering from the Toronto Blue Jays’ World Series loss, we are turning our attention to the week to come. Trade is back in focus as Ottawa prepares to deliver the budget. Let’s get to it.TOP STORY
November 3, 2025 - 06:21 | Sierra Bein | The Globe and Mail
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