Ottawa to unveil stablecoin plans in budget, sources say | Unpublished
Hello!
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Unpublished Newswire

 
As I get older, my parents begin to show me glimpses of their secret dreams. “Dad wants to move back to Vietnam when we retire,” Mum tells me. “We can live like kings and queens over there!” Dad hollers in the background. My mother hasn’t returned since 1978. For one, she couldn’t travel without a passport, and she didn’t get her Canadian citizenship until after she turned fifty-five and was no longer required to take the citizenship test. Second, she’s in no rush to go back to a land still soaked in blood and mired in misery. But then she surprises me one day. “I think I want to go...
November 1, 2025 - 06:30 | Rachel Phan | Walrus
The people of a small town on the southeastern tip of Newfoundland have had their prayers answered.The leaders of Portugal Cove South, a fishing town two hours from St. John’s, made headlines last year, including in this newspaper, for seizing their own church after learning the archdiocese was selling the building to help pay for a settlement in a historical sexual abuse scandal. Parishioners, hell-bent on keeping their church, changed the locks, posted no trespassing signs, banned the archbishop, thwarted a real estate sale and were eventually ordered by a court to stand down.
November 1, 2025 - 06:15 | Lindsay Jones | The Globe and Mail
This year’s Canadian wildfires and their impact American air quality have been a hot topic between the countries’ governments, with the Trump administration urging Canada to emphasize “forest management” as an antidote, the head of the U.S. Environmental Protection Agency (EPA) said Friday. But the two nations don’t necessarily agree on the role of such measures, EPA chief Lee Zeldin suggested during a meeting of G7 environment and energy ministers in Toronto. Climate scientists and data indicate that a warming planet has made forest fires wilder and bigger, something even the U.S....
November 1, 2025 - 06:00 | Tom Blackwell | National Post