From Degrassi to Bay Street: what Drake has to do with open banking in Canada

CBC Radio | May 30, 2021

drake invests in wealthsimple (2)

Toronto's 'Champagne Papi' may encourage more "open banking" in Canada by adding Wealthsimple to his portfolio

Canadian musical juggernaut Drake is among several celebrities to invest in the Canadian financial company Wealthsimple, a company that has more than tripled its value over the last year.

CBC Radio Drake and open banking

But the rise of the technology-focused Canadian banking competitor isn't just about celebrity endorsements and rap stars trying to make money

See:  Review: Financial Consumer Agency of Canada (FCAC) submission to Advisory Committee on Open Banking

Cost of Living executive producer Tracy Johnson explores what Drake has to do with "open banking" in Canada and how there could be big changes coming to how we manage our money in this country.

Listen to the radio episode -->Now


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