Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Online Funding / Investing Campaigns
5 Best Online Casinos Canada 2025: Top Real Money Casino Sites Compared!
July 24, 2025
Discover the best online casinos Canada for 2025, offering a thrilling and secure gaming experience. Leading platforms like 7Bit Casino, BitStarz, KatsuBet, MIRAX Casino, and Thunderpick stand out for their wide game selections, generous bonuses, and top-notch security. This guide will help you explore the top real money online casinos Canada, popular games, and key factors to consider when choosing the right platform. Whether you're a seasoned player or a beginner, this guide ensures you make an informed choice.
Top 5 Real Money Online Casinos in Canada Compared
To simplify your decision-making process, we’ve compiled a table ranking the best online casinos Canada for 2025. Check the list now!
| Casino Name | Welcome Package | Ratings | Quick Links |
| 7Bit Casino | 325% up to 10,800 CAD + 250 FS | 4.9 / 5⭐ | ⬆️Play Now |
| BitStarz | $2,000 or 5 BTC + 180 FS | 4.8 / 5⭐ | ⬆️Play Now |
| KatsuBet | 325% up to 6,000 CAD + 500 FS | 4.8 / 5⭐ | ⬆️Play Now |
| MIRAX Casino | 325% up to 8,000 CAD + 150 FS | 4.7 / 5⭐ | ⬆️Play Now |
| Thunderpick | 100% Bonus up to €600 for Casino | 4.7 / 5⭐ |
Reviews for the Best Canadian Real Money Online Casinos
Navigating the vast array of online casinos in Canada can be overwhelming, with many platforms promising enticing features that may not always deliver. Our in-depth reviews of the best online casinos Canada—7Bit, BitStarz, KatsuBet, MIRAX, and Thunderpick—provide a clear picture of their strengths and limitations, helping you choose the ideal best online casino Canada for your gaming preferences.
1. 7Bit Casino: Premier Bitcoin-Friendly Canadian Online Casino
>> Claim 325% Bonus up to 10,800 CAD + 250 FS at 7Bit Casino <<
Launched in 2014, 7Bit Casino has solidified its position as one of the best online casinos for Canadians, particularly for those who prefer cryptocurrency transactions. Licensed by the Curacao eGaming Authority, 7Bit ensures a secure and fair gaming environment, making it a trusted online casino Canada. Its user-friendly interface and mobile-optimized platform allow players to sign up quickly and dive into their favorite games with ease. With a massive game library and generous bonuses, 7Bit is a top choice for real money online casino Canada players.
🎁Bonuses & Promotions
7Bit online gambling site offers a substantial welcome package that enhances your gaming experience from the start:
- Welcome Bonus: 325% up to 10,800 CAD + 250 Free Spins
- 1st Deposit: 100% up to 800 CAD + 100 Free Spins
- 2nd Deposit: 75% up to 1,200 CAD + 100 Free Spins
- 3rd Deposit: 50% up to 800 CAD
- 4th Deposit: 100% up to 8,000 CAD + 50 Free Spins
Beyond the welcome offer, 7Bit provides ongoing promotions like weekly cashback up to 20%, daily free spins, and tournaments such as Lucky Spin (1,500 free spins + $1,500 prize pool) and Legends League (€8,000 prize pool). These offers make 7Bit a standout among best online casinos for Canadian players.
🎳Game Selection
7Bit boasts over 10,000 games, making it one of the largest libraries among Canadian casinos. Loyal Players can enjoy:
- Slots: Popular online slots titles like Mega Moolah, Starburst, and Johnny Cash offer high RTPs and exciting features.
- Table Games: Blackjack, roulette, baccarat, and poker variants from software developers like Microgaming and NetEnt.
- Live Dealer Games: Immersive experiences with real dealers, including live blackjack and roulette.
- Crypto Games: Provably fair games like Plinko and Aviator for crypto enthusiasts.
Games can be filtered by provider, theme, or RTP, ensuring a tailored experience for every player.
➡️Pros & Cons
Pros:
- Massive game library with over 10,000 titles
- Generous welcome bonuses and frequent promotions
- Fast, secure crypto transactions
- Mobile-friendly with no KYC signup
Cons:
- Some payment methods incur transaction fees
- Lower withdrawal limits compared to competitors
2. BitStarz: Award-Winning Best Online Casino Canada
>> Grab $2,000 or 5 BTC + 180 FS at BitStarz <<
Since its launch in 2014, BitStarz has earned multiple awards, cementing its status as a top online casino in Canada. Licensed by Curacao, BitStarz offers a seamless interface and supports over 500 cryptocurrencies, making it a best paying online casino for fast payouts. Its commitment to transparency and fair play makes it a trusted online casino Canada.
🎁Bonuses & Promotions
BitStarz’s welcome package is designed to boost your bankroll:
- Welcome Package: $2,000 or 5 BTC + 180 Free Spins
- 1st Deposit: 100% up to $400 or 1 BTC + 180 Free Spins
- 2nd Deposit: 50% up to $400 or 1 BTC
- 3rd Deposit: 50% up to $800 or 2 BTC
- 4th Deposit: 100% up to $400 or 1 BTC
Additional promotions include Slot Wars (€5,000 + 5,000 free spins weekly), Table Wars (€10,000 weekly), and Jackpot Mania for biggest jackpots. These make BitStarz a leader among online casinos real money.
🎳Game Selection
With over 4,000 games, BitStarz offers a diverse selection of online casino gaming:
- Slots: Favorites like Wolf Gold and Bonanza Billion with high RTPs.
- Table Games: Blackjack, roulette, baccarat, and poker from top providers.
- Live Dealer Games: Real-time gaming with professional dealers.
- Provably Fair Games: Plinko, Mines, and Dice for transparent gameplay.
The platform’s intuitive design allows filtering by popularity or provider, enhancing the user experience.
➡️Pros & Cons
Pros:
- Supports 500+ cryptocurrencies
- Instant payouts with secure transactions
- Award-winning platform with 24/7 support
- Diverse game selection
Cons:
- High wagering requirements (40x)
- Slower fiat payment processing
3. KatsuBet: Top-Rated Live Casino for Canadian Players
>> Claim 325% up to 6,000 CAD + 500 FS at KatsuBet <<
Launched in 2020, KatsuBet has quickly risen as a best Canadian casino, particularly for live dealer enthusiasts. Licensed by Curacao, it offers a crypto-focused environment with fast transactions and a user-friendly interface, making it a safe online casino Canada.
🎁Bonuses & Promotions
KatsuBet’s welcome package is highly competitive:
- Welcome Bonus: 325% up to 6,000 CAD + 500 Free Spins
- 1st Deposit: 100% up to 400 CAD + 125 Free Spins
- 2nd Deposit: 75% up to 600 CAD + 125 Free Spins
- 3rd Deposit: 50% up to 1,000 CAD + 125 Free Spins
- 4th Deposit: 100% up to 4,000 CAD + 125 Free Spins
Promotions include Monday Reload Bonus (25% up to 0.006 BTC + 50 FS), Wednesday Free Spins (up to 100 FS), and daily cashback up to 10%.
🎳Game Selection
KatsuBet’s library features over 7,000 games:
- Slots: Elvis Frog in Vegas, Lucky Crown Spins, and Book of Dead.
- Table Games: Classic table games Blackjack, roulette, and poker variants.
- Live Dealer Games: High-quality streams from Evolution Gaming and Pragmatic Play.
- Instant Win Games: Fast-paced options like Aviator and Crash.
Players can filter games by provider or theme for a personalized experience.
➡️Pros & Cons
Pros:
- Extensive live dealer game selection
- Generous bonuses with frequent promotions
- Fast crypto transactions
- Mobile-optimized platform
Cons:
- English-only customer support
- Restricted in some countries
4. MIRAX Casino: Leading Online Casino with Unique VIP System
>> Join MIRAX for 325% up to 8,000 CAD + 150 FS <<
Since its launch in 2022, MIRAX Casino has become a strong contender among new online casinos Canada. Licensed by Curacao, it offers a massive game library and a unique VIP system, making it a top online casino for beginners and seasoned players alike.
🎁Bonuses & Promotions
MIRAX’s welcome package is enticing:
- Welcome Bonus: 325% up to 8,000 CAD + 150 Free Spins
- 1st Deposit: 100% up to 800 CAD + 100 Free Spins
- 2nd Deposit: 75% up to 1,200 CAD + 50 Free Spins
- 3rd Deposit: 50% up to 2,000 CAD
- 4th Deposit: 100% up to 4,000 CAD
Promotions include Monday Reload Bonus (0.006 BTC + 50 FS), Wednesday Free Spins (up to 100 FS), and high roller cashback up to 20%.
🎳Game Selection
MIRAX offers over 10,000 games:
- Slots: Starburst, Golden Piggy Bank, and Wild Phoenix Rises.
- Table Games: Blackjack, roulette, baccarat, and poker.
- Live Dealer Games: Immersive experiences from top providers.
- Instant Win Games: Quick-play options for fast-paced fun.
The platform’s filtering options make it easy to find games by provider or theme.
➡️Pros & Cons
Pros:
- Massive 10,000+ game library
- Competitive bonuses with reasonable wagering
- Fast crypto payouts
- Unique VIP system
Cons:
- Some payment methods charge fees
- Country restrictions apply
5. Thunderpick: Best eSports Betting and Online Casino in Canada
Launched in 2017, Thunderpick combines casino gaming with esports betting, making it a unique choice among best online casinos for Canadians. Licensed by Curacao, it prioritizes security and offers a crypto-only platform for anonymous transactions.
🎁Bonuses & Promotions
Thunderpick’s welcome bonus caters to both casino and sports players:
- Casino Bonus: 100% up to €600 on first deposit
- Sportsbook Bonus: 100% up to €2,000 on first deposit
Promotions include Multiplier Madness (up to 500x multipliers), Drops and Wins (€2,000,000 prize pool), and monthly loyalty bonuses.
🎳Game Selection
Thunderpick offers over 3,000 games with popular titles:
- Slots: Book of Dead and Sweet Bonanza.
- Dealer Tables Games: Blackjack, roulette, and poker.
- Live Dealer Games: Real-time gaming experiences.
- Esports and Sports Betting: Options for League of Legends, CS:GO, soccer, and more.
The platform’s mobile app enhances the gaming experience.
➡️Pros & Cons
Pros:
- Combines casino and esports betting
- Instant crypto withdrawals
- Anonymous transactions
- Mobile app available
Cons:
- Crypto-only payments
- High wagering requirements for bonuses
How to Choose the Best Real Money Online Casinos in Canada
Selecting a real money online casino Canada requires careful consideration to ensure a safe and enjoyable experience. Here are key factors to evaluate:
- Licensing: Choose a casino licensed by a reputable authority like Curacao or Malta Gaming Authority to ensure fairness and security.
- Payment Options: Look for platforms supporting your preferred methods, such as cryptocurrencies or CAD & credit cards with fast and secure transactions.
- Customer Support: Opt for casinos with 24/7 support via live chat, email, or phone, ideally in your preferred language.
- Terms and Conditions: Read the fine print to understand bonus requirements, withdrawal limits, and other policies.
- Mobile Compatibility: Ensure the online casino sites offers a seamless mobile experience for gaming on the go.
By prioritizing these factors, you can find a safe online casino sites Canada that meets your needs.
Are Online Casinos Legal in Canada?
Online gambling is legal in Canada, but regulations vary by province. In Ontario, the iGaming Ontario framework, overseen by the Alcohol and Gaming Commission of Ontario (AGCO), regulates online casinos, requiring operators to obtain a license. As of 2025, over 50 operators are licensed in Ontario, offering a regulated market for online casinos in Canada.
In other provinces, such as British Columbia and Alberta, gambling is managed by provincial bodies like the BC Lottery Corporation or Alberta Gaming, Liquor and Cannabis Commission. Canadians can also legally play at offshore casinos licensed by reputable jurisdictions like Curacao, provided they accept Canadian players. The minimum gambling age is typically 19, though it’s 18 in provinces like Alberta and Quebec. Winnings are generally tax-free unless gambling is your primary income source.
To ensure safety, always choose a legit online casino Canada with a valid license and strong security measures.
🎯 Tips to Maximize Your Winnings at Canadian Online Casinos
Winning at online casinos isn’t just about luck — it’s also about strategy, smart choices, and timing. Even the luckiest player in Canada can experience an unlucky week, but there are ways to increase your chances of landing massive wins and enjoying an entertaining experience.
Start by choosing games with the lowest house edge. Games like blackjack or certain video poker variations offer better odds for the player. If you're aiming for huge wins, focus on slots that advertise massive wins and come with brilliant side bets.
High rollers should look for casinos with massive table limits, which allow for greater flexibility in wagering. Opting for modern game styles can also enhance your gameplay — these games often come with advanced features and visuals that make each session more immersive.
If you enjoy strategic games, like Pai Gow or specific video poker games, you'll find Canadian platforms full of options that reward both skill and luck. Remember, it’s not just about the result — the goal is also to enjoy an entertaining experience every time you log in.
Most Popular Casino Games in Canada
The best online casinos Canada offer a diverse range of games that cater to various player preferences. Here are the most popular games available at 7Bit, BitStarz, KatsuBet, MIRAX, and Thunderpick:
- Slots: Titles like Mega Moolah (progressive or biggest jackpots), Starburst (vibrant visuals), and Book of Dead (high RTP) are favorites for their engaging themes and big win potential.
- Table Games: Classic table games such as blackjack, roulette, baccarat, and poker offer strategic gameplay and are available in multiple variants.
- Live Dealer Games: Provided by top developers like Evolution Gaming, these games include live blackjack, roulette, and game shows for an immersive experience.
- Crypto Games: Provably fair games like Plinko, Aviator, and Crash are popular among crypto users for their transparency and fast-paced action.
- Crash Games: Players can also enjoy various Crash games, such as Crash Casino and Aviator, that combine simplicity with the chance for big wins. These fast-paced, skill-based games are ideal for those looking for quick results and a chance to challenge their instincts.
Canadian online casinos are packed with diverse game categories to cater to every type of player. Whether you're a fan of classic games like roulette and baccarat or prefer the thrill of modern game styles, there's something for everyone.
Explore popular game types such as Pai Gow, blackjack, and poker variants that mix chance with strategy. Some casinos even feature exciting new slots like OlympusBig Bass Bonanza9, combining engaging themes with massive win potential.
Strategic games are on the rise in Canada, with options that require decision-making and analysis — perfect for players who want more control. You’ll also find commission baccarat and other niche titles that deliver unique gameplay experiences.
From vintage titles to modern innovations, top-rated Canadian online casinos keep their game categories fresh and competitive.
These games, powered by leading providers like NetEnt, Microgaming, and Pragmatic Play, ensure high-quality entertainment across all top Canadian online casinos.
🧩 Top-Rated Game Features in Canadian Online Casinos
When evaluating game features at the top-rated Canadian online casinos, players should look for elements that enhance play and payouts. This includes options like modern tables, massive wins, and games that offer some degree of control over game results.
If you're after intense action, opt for titles with brilliant side bets or massive table limits, especially in games like baccarat or blackjack. These allow for more personalized wagering strategies and bigger potential returns.
The blend of modern game styles and classic games on Canadian platforms means players can switch between nostalgia and innovation easily. Try out strategic games that combine skill with chance, or explore tables that push the boundaries of gameplay design.
♠️ Guide to Poker Variants at Canadian Online Casinos
Poker remains one of the most loved strategic games in Canada, and modern platforms offer a wide range of video poker games that go beyond the basics.
Top variants include:
- Deuces WildJacks
- BetterJoker PokerAces
- FacesMultihand Bonus
These titles are perfect for players who enjoy both chance and decision-making. With their sleek interfaces and potential for massive wins, these poker versions are becoming increasingly popular across Canada.
If you're aiming to become a lucky player, mastering one of these poker games could be your next move.
💳 Banking Methods & Ongoing Offers in Canada
Convenience is key when choosing an online casino. That’s why the best sites offer convenient banking methods like Interac, iDebit, MuchBetter, and even cryptocurrency options.
In addition to easy deposits and withdrawals, look for casinos that provide ongoing offers. These could include:
- Weekly reload bonuses
- Cashback for an unlucky week
- Free spins on classic games or modern tables
The top-rated Canadian online casinos ensure that players have access to seamless banking, competitive bonuses, and transparent promotional terms.
💰 Canada’s Biggest Online Casino Jackpot Wins
Canada’s largest-ever jackpot win occurred in 2015, when a player from Manitoba hit a $20 million progressive jackpot online. Since then, several Canadians have joined the millionaire club through online slots and progressive games.
These wins are a testament to the life-changing potential of playing at reputable online casinos. Today, many platforms offer progressive jackpots from top studios, giving Canadian players a shot at enormous payouts.
🎯 Exploring Betting Options for Canadian Players
One of the biggest perks of playing at Canadian online casinos is the variety of betting options available. Whether you’re a casual spinner or a serious high roller, there are countless games and stakes to suit your style.
Games often feature adjustable coin values, bet sizes, and paylines—providing great flexibility for all player levels. Beginners can start small while seasoned players can chase big wins. No matter your budget, Canadian casinos have the right option for you.
🧠 How Player Levels Work in Canadian Casinos
Most top-rated Canadian online casinos offer loyalty programs that reward players based on activity and player levels. As you progress through levels, you unlock perks like cashback, exclusive bonuses, faster withdrawals, and even personal account managers.
Reaching higher player levels often requires consistent play, and having a perfect strategy can help you climb the ladder faster. Managing your bankroll wisely and sticking to a plan ensures both longevity and rewards while playing.
🎲 Understanding RNG in Software-Based Games
In online gaming, fairness and unpredictability are maintained through the use of RNG (software-based game) systems. These Random Number Generators ensure that each spin or card draw is completely random and cannot be manipulated.
Even though outcomes are random, having a perfect strategy can still enhance your gaming experience. Knowing when to bet more or switch games can be part of your plan. Just remember, no betting system can guarantee a win in RNG-based games—but they can help you stay disciplined and focused, especially while playing at Canadian online casinos.
Responsible Online Gambling
Responsible gambling is essential for a safe and enjoyable experience at online casinos for real money. Here are key practices to follow:
- Set a Budget: Establish a gambling budget and use deposit limits or betting limits offered by casinos like BitStarz and MIRAX to stay in control.
- Time Management: Set session time limits to avoid excessive play. Platforms like Thunderpick offer tools to cap playtime.
- Understand Risks: Gambling carries financial risks. Only wager what you can afford to lose and avoid chasing losses.
- Use Responsible Gambling Tools: Take advantage of features like loss limits, self-exclusion, and reality checks available at all five casinos.
- Seek Help if Needed: If gambling becomes problematic, contact organizations like Gamblers Anonymous Canada (gamblersanonymous.org) or ConnexOntario (connexontario.ca) for support.
By practicing responsible gambling, you can ensure that your experience at best online gambling sites Canada remains fun and stress-free.
Final Thoughts About the Best Online Casinos Canada
The best online casinos Canada for 2025—7Bit, BitStarz, KatsuBet, MIRAX, and Thunderpick—offer a perfect blend of exciting games, generous bonuses, and secure payment options. BitStarz leads with its award-winning platform and instant withdrawals, while 7Bit shines with its massive 10,000+ game library. KatsuBet is ideal for live dealer enthusiasts, MIRAX caters to players seeking a robust VIP system, and Thunderpick stands out for its unique blend of casino and esports betting.
See: The Finfluencer Effect on Canadian Retail Investors
Each of these top online casinos Canada prioritizes security, fairness, and player satisfaction, making them safe online casinos Canada. By considering your preferences—whether it’s game variety, fast payouts, or sports betting—you can choose the platform that best suits your needs. Always practice responsible gambling to ensure a fun and controlled experience.
FAQs About Best Online Casinos Canada
● How can I check my eligibility for a bonus in Canadian online casinos?
Bonuses are typically activated automatically upon making qualifying deposits. Some casinos, like BitStarz, may require bonus codes or notify you via pop-ups.
● How can I increase my chances of winning with casino bonuses?
While wins are not guaranteed, playing high RTP games like Starburst or low-volatility slots can improve your chances. Always review bonus terms for wagering requirements.
● Are online casinos open 24/7?
Yes, online casinos in Canada are accessible 24/7, provided you have a stable internet connection and a compatible device.
● Are there fees for banking transactions at online casinos?
Fees vary by casino and payment method. Cryptocurrency transactions, common at best online casinos for Canadians, often have no fees, while bank transfers may incur charges.
● What should I do if I suspect unauthorized access to my account?
Contact the casino’s customer support immediately. Reputable real money casinos like those listed have robust security protocols to protect your account.
● Which games offer the lowest house edge in Canadian casinos?
Blackjack and certain versions of video poker games like BetterJoker PokerAces and Deuces WildJacks offer some of the lowest house edge in online gaming.
● Can I play these games on a desktop?
Yes, nearly all titles on desktop are optimized for performance across devices, including strategic games and slots like OlympusBig Bass Bonanza9.
● What types of offers do Canadian casinos provide?
Expect ongoing offers, including cashback, loyalty rewards, and welcome bonuses — especially on popular game types like baccarat, poker, and slots.
● Are there classic games available?
Absolutely. Canadian casinos balance modern innovation with classic game options like roulette, blackjack, and commission baccarat.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Bitcoin Treasury Corp Files Preliminary $300M Prospectus
Canadian Crypto | July 18, 2025
Image: Freepik
Bitcoin Treasury Prepares for $300M Raise as Canada's First Bitcoin-native Public Company
On July 17 2025, the Bitcoin Treasury Corporation (TSXV: BTCT) announced that they have filed a preliminary CAD $300 million base shelf prospectus, a sign that it intends to operate as a public company providing institutional Bitcoin services. The filing allows the company or certain shareholders to raise capital through securities such as common shares, debt, or warrants over the next 25 months, pending regulatory approval. While no offering is currently planned, the filing provides flexibility to act when strategic opportunities arise.
See: What Bitcoin Pizza Day 2025 Still Teaches Us 15 Years Later
The company describes itself as Canada’s first Bitcoin-native public company, focused on creating value through Bitcoin-denominated financial services and strategic accumulation. CEO Elliot Johnson says the goal is to grow its Bitcoin per share (BPS) metric, which is central to their long-term strategy. In short, BTCT wants to be the Canadian MicroStrategy which has used corporate reserves to accumulate over 200,000 BTC.
Bitcoin Treasury is aiming to build a business around bitcoin as a treasury asset and institutional product. Its current services include Bitcoin loans, and its positioning in Canadian public markets makes it a pure play for those seeking exposure to Bitcoin in equity portfolios.
Unlike Bitcoin ETFs that passively hold BTC, such as CI Galaxy Bitcoin ETF (BTCC), Purpose Bitcoin ETF (BTCX) or 3iQ CoinShares Bitcoin ETF (BTCQ), Bitcoin Treasury has a business model and currently provides services like Bitcoin-denominated loans and is developing a scalable platform to monetize and deploy Bitcoin strategically. So it combines Bitcoin exposure with active financial operations that focuses on capital markets, treasury efficiency, and lending BTC itself.
Other Canadian public companies such as LQWD Technologies (TSXV: LQWD, just raised $2.3 million CAD to buy more Bitcoin) are active in the Bitcoin space but have distinct business models. LQWD focuses on payment routing and infrastructure for the Lightning Network.
Outlook
The prospectus is available through the company’s Sedar Plus profile and doesn't represent an offering but it positions the company to respond quickly if an opportunity arises. For institutional investors and fintechs tracking crypto adoption in Canada, Bitcoin Treasury’s approach could become a reference point.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Bridging Canada’s Advice Gap with Global Insights
Financial Advice | July 8, 2025
Image: Freepik/rawpixel.com
The UK is Enabling New Financial Advice Models. Should Canada Act Too?
In the UK, the Financial Conduct Authority (FCA) has proposed a new approach to tackle the issue of improving access to financial advice, so people can make informed investment decisions. The FCA is calling this a 'once in a generation' reform that would let firms provide targeted and simplified financial advice to underserved populations without the regulatory burden of full-service advisory. Should Canada be exploring a similar path?
On June 29, 2025, the FCA released a consultation in effort to alter how financial guidance is delivered. According to the regulator, only 9% of UK adults received regulated advice in 2024. At the same time, over 7 million people are holding more than £10,000 in cash without investing it. The proposed rules include two core categories:
- Targeted support would allow firms to provide grouped financial nudges based on shared characteristics, such as young adults holding idle savings or retirees at risk of over-drawing retirement accounts. This type of guidance could be delivered digitally without full fact-finding.
- Simplified advice would allow firms to offer limited product recommendations to individual clients without conducting full suitability assessments currently required. These rules are intended to reduce compliance costs and encourage firms to serve every day clients.
See: Where the Gaps Are: Fintech Insights from FCA Data
The FCA expects around 100 firms to offer services under these reforms by April 2026. The proposal aims to support better outcomes for consumers while still protecting investors.
Canada’s Investment Advice Landscape
In Canada, regulated investment advice is tightly controlled. Firms offering investment recommendations must be registered with a provincial securities regulator and meet strict know-your-client (KYC) and suitability obligations. This approach is critical for investor protection but it creates high cost and operational barriers for reaching clients with modest portfolios.
The FCAC’s National Financial Literacy Strategy 2021–2026 emphasizes its mandate to enhance Canadians’ financial knowledge and resilience, but efforts so far rely heavily on education, tools, and public awareness. The CSA’s Investor Education Committee has launched social campaigns, investor alerts, and literacy tools to empower Canadians to make informed financial decisions.
According to CSA research, more than 40% report low confidence in their investment knowledge. Findings show a decline in advisor use (down to 61%), while DIY attitudes rise (45% have self-directed accounts), raising concerns about whether Canadians have sufficient knowledge and confidence to manage investments on their own.
Robo-advisors and the Evolving Opportunity
Canada’s robo-advisor market is expanding swiftly. Wealthsimple alone manages over $70 billion CAD (as of June 2025), Questrade’s Questwealth holds $30 billion CAD (early 2020), and even more growth is expected as digital investing gains traction, with services increasingly adopted by younger investors. These platforms offer digital-first, affordable investment tools, but remain constrained by current regulatory expectations.
See: Report Insights: DIY Investors in Canada on the Rise
By contrast, the FCA's framework could allow robo-advisors to deliver access to simpler advice or proactive guidance based on behavioural data. These changes have the potential to increase access while reducing costs, without compromising key investor protections. In Canada, any comparable flexibility would require regulatory change.
Finfluencers and Informal Advice
Another growing channel for financial guidance is social media. In Canada, 82% of Gen Z investors report following influencers for financial tips, and 44% believe online advice is as useful as traditional advisors. While some content is educational, the Ontario Securities Commission and Alberta Securities Commission have raised concerns about unregistered finfluencers promoting securities without appropriate disclosures.
If Canada created space for fintechs and advisors to offer low-cost, regulated advice digitally, it could reduce dependence on informal and sometimes misleading content. The FCA’s 'once in a lifetime' reforms aim to do just that, offering a model Canada could adapt to fit our regulatory landscape.
Outlook
Canada’s fintech innovators are capable of building trusted, scalable tools to help close the advice gap. But changes to regulatory structures need to happen to support new delivery models. The FCA’s targeted support and simplified advice categories are a good benchmark and approach. Canadian regulators and policy makers should be exploring how to safely expand access to financial guidance that is compliant, cost-effective, and in the public interest.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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eufyMake E1 Breaks Kickstarter Crowdfunding Record
Crowdfunding | June 25, 2025
Kickstarter Crowdfunding Record Over $61 Million (and counting) for eufyMake E1 Project
On June 24, 2025, the eufyMake E1 UV Printer officially became the highest funded project in Kickstarter history; raising over $61 million from more than 17,000 backers, surpassing the previous record of $41.7 million. The compact printer offers plug and print functionality and can print on a wide range of materials including metal, leather, and glass. Pricing at $499 helped attract broad consumer interest during its 30-day campaign window.
See: Innovating Crowdfunding with Bitcoin’s Network
According to the release, the campaign launched on April 29 and exceed $10 million in the first 14 hours, and then became Kickstarter's all time funding leader in less than a month. This is a monstrous achievement and moment to celebrate for non-investment crowdfunding in 2025.
Boost for Reward-Based Crowdfunding
In recent years, most attention in alternative finance has shone a spotlight on equity crowdfunding, token sales, and hybrid fintech models. Yet the record breaking and live E1 crowdfunding campaign shows that reward-based crowdfunding can still raise significant funding at global scale when a product fits the market.
Kickstarter campaigns offer backers early access to physical products without offering ownership. This lowers legal and regulatory barriers, making the model especially attractive for consumer hardware, creative tools, and design-led products.
See: The Real Story of Access to Capital
For Canadian entrepreneurs, makers, and platforms, the E1 campaign is a reminder that product-led innovation can still be funded directly by users, backers, and supporters. A strong value proposition, clear use case, and professional campaign execution with digital-first product marketing can still generate global momentum on reward-based platforms.
Closing Thought
Canadian companies that are not yet ready or suitable for venture equity funding or tokenization may find reward crowdfunding a valuable first step to validate demand, generate working capital, and build a user base. Interested in snagging one of these incredible printers? There's 66 hours to go. Be part of a record breaking campaign: https://www.kickstarter.com/projects/ankermake/eufymake-e1-the-first-personal-3d-textured-uv-printer
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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CSA Consultation on New Canadian ETF Rules
Consultation | June 20, 2025
Image: Freepik
CSA Looks to Update ETF Rules to Protect Investors and Increase Transparency
On June 19, 2025, the Canadian Securities Administrators (CSA) published Consultation Paper 81-409, proposing to modernize ETFs and how they are regulated in Canada, and is soliciting feedback.
ETFs are one of the most popular investment products in the country. Last year, Canadians invested $518 billion in ETFs, which represents about 19% of all publicly offered fund assets in Canada. Retail investors held around 62% of those ETF assets, according to the OSC ETF Study cited in the paper.
See: CSA Pauses Climate and Diversity Disclosure Rules
The CSA began reviewing ETF rules in 2023 to see whether the current approach still works. The review focused on key ETF features such as the way ETF units are created or redeemed by authorized dealers, how ETFs trade on exchanges, and how the price of ETF units compares to the value of their underlying investments. The CSA also considered recent international standards published by IOSCO, the global body of securities regulators.
Stan Magidson, Chair of the CSA and Chair and CEO of the Alberta Securities Commission:
“ETFs are an increasingly important investment vehicle for Canadians. This consultation will provide the CSA with important insights into the unique regulatory considerations for these products.”
Key Proposals for Consultation
- Require ETF managers to follow written procedures for issuing and cancelling units, including how asset baskets are built, when custom baskets are allowed, and how conflicts of interest with dealers are managed
- Mandate ETF websites to publish daily price and trading data, such as the difference between market price and net asset value (NAV), bid-ask spreads over the past 30 days, and historical charts showing price alignment with the fund’s holdings
See: CSA Expands LIFE Exemption to Boost Public Capital Raising
- Require managers to actively monitor trading performance to ensure prices, spreads, and dealer activity are supporting fair and efficient trading
- Make authorized participant contracts public. These are the dealers that create or cancel ETF units, and their agreements would need to be filed and summarized in official ETF documents
- Seek feedback on whether every ETF should have at least two authorized dealers to prevent overreliance on a single firm, especially during market stress
The CSA is also seeking feedback on how Canadians investors access U.S. listed ETFs, either directly through broker-dealer platforms or indirectly through Canadian ETFs that hold foreign-listed funds.
Conclusion
More Canadians are using ETFs to invest in everything from stocks and bonds to commodities and global markets. These proposed changes are designed to protect investors, improve transparency, and support competition by making sure the rules reflect how ETFs actually work today.
See: CSA Seeks Industry Input on Data Portability Consultation
The CSA is seeking input from investors, industry participants, and other stakeholders to modernize and update future ETF regulation in Canada. Comments are due by October 17, 2025.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Built to Break: Why Vehicle Design Matters in Crash Games
June 18, 2025
Image: Freepik
One of the first surprises in any crash game is this: not all vehicles break the same way. Some fold in half with satisfying fluidity. Others resist impact, barely denting. A lightweight sports car might flip wildly. A heavy van might crash into the pavement and stop dead. These define the entire experience.
And they aren’t random. Each outcome is rooted in design. The way a car’s mass is distributed, how its frame is built, the shape of its front end — all of it influences how it crashes. In crash games listed on crashgamblers.com, vehicle design becomes a language. Players learn to read it.
The vehicle is a character, and it expresses itself in how it breaks.
The anatomy of destruction
Design determines destruction. When a car hits a wall, what happens next depends entirely on how it’s built. Some deform slowly, like a wave of bending metal. Others shear apart instantly. The result is about structure.
Key factors that shape crash behavior:
- Frame rigidity — strong frames protect passengers, but resist satisfying deformation
- Weight distribution — front-heavy vehicles nosedive, rear-heavy ones fishtail or flip
- Crumple zones and deformation areas — built-in weak points define where energy goes during impact
These variables combine to create unique crash profiles. A sedan crashes differently than a pickup. A hatchback reacts differently from a truck. And that variety gives the player choices of experiences.
Design as gameplay
In traditional racing games, players choose cars for speed, grip, or handling. In crash games, they choose for the break. One model might fold neatly into itself. Another might launch skyward when hit just right. The question becomes not "how fast can I go?" but "how will this collapse?"
This shift turns design into gameplay. The player begins to think about structure — not just for performance, but for effect. Some may seek symmetry in damage. Others may want total chaos. Vehicle selection becomes creative, even expressive.
And here’s the twist: if breaking is the goal, then every design choice becomes part of that pursuit.
What if destruction is the decision?
Customization and consequences
Crash games often allow customization. Suspension height, tire pressure, weight balance, even body type — all of these can be altered. And unlike traditional games, where upgrades aim for speed or control, here the aim is different. You're tuning for impact.
A soft suspension might absorb more energy, dulling the crash. A low center of gravity might prevent a roll. A stiffer frame might resist collapse, while a lightweight roof might crumple satisfyingly on contact. Every tweak changes the shape and rhythm of destruction.
This approach flips conventional tuning on its head. You’re not optimizing for victory — you’re sculpting failure. Some players experiment endlessly, crafting the perfect wreck. Not because it earns points, but because it looks, sounds, and feels right.
And that kind of experimentation, grounded in physics but driven by creativity, gives the game surprising depth.
From simulation to storytelling
Each crash tells a story. The angle of approach, the speed, the terrain, the design — they all combine to create a sequence that unfolds like a short film. Was it a slow-motion rollover? A brutal front-end smash? A roof collapse followed by a bounce?
The vehicle becomes the narrator. Its structure decides the pacing. Its reaction shapes the mood. And because every design behaves differently, every crash feels personal.
But these aren’t just visual stories — they’re mechanical ones. A perfect deformation arc or a jagged rupture says something about engineering, about choices made in the moment. The absence of a soundtrack or narration makes space for physical drama. The only voice is steel against asphalt.
See: AI’s Double-Edged Sword of Retail Investing
Players remember certain crashes not because they scored high, but because the impact felt right. It surprised them, moved them, or satisfied some unspoken expectation. That’s what turns a simulation into something more than a system.
A crash is only as good as the machine that breaks.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Are Finfluencers in Trouble or Just Getting Regulated?
Regulation | June 13, 2025
Image: Freepik/marymarkevich
Regulators Take Action on Unlawful Finfluencers While Advocates Urge Clarity, Fairness and Access
Canadian regulators joined a coordinated global crackdown last week targeting unlawful finfluencers, or social media personalities promoting investments without registration or oversight. While enforcement activity is increasingly in focus, global experts and finfluencer advocates are warning that overly restrictive approaches will harm innovation, reduce access to financial education, and weaken digital financial literacy efforts.
As part of the Global Week of Action Against Unlawful Finfluencers, the Ontario Securities Commission (OSC) collaborated with regulators from the UK, Australia, the United Arab Emirates, Italy, and Hong Kong to investigate unlawful influencer activity.
See: The Finfluencer Effect on Canadian Retail Investors
The OSC reviewed 87 finfluencers and 9 issuers that used influencer promotions, and found some were offering unregistered investment advice or sharing misleading content, especially in the crypto sector. In-person warnings, gathering of evidence, and educational outreach were used to prevent retail investors being harmed.
Bonnie Lysyk, Executive Vice President of Enforcement at the OSC:
“International relationships are vital in countering this growing issue. The OSC’s recent research highlights the substantial influence social media personalities have on investor behaviour.”
Promote Compliance Without Silencing Education
In May 2025, the International Organization of Securities Commissions - IOSCO published its final report on finfluencers, to address online retail investor safety. Both the OSC and IOSCO's research on the impact of finfluencers were aligned, highlighting risks such as gamification and how social media and trading platforms can blur the line between general information and regulated investment advice.
See: Emerging Investors: Gen Z Canadians Take the Lead in Global Investment Trends
IOSCO doesn't advocate for bans but rather outlines a series of good practices for regulators, platforms, market intermediaries, and finfluencers:
- Clear disclosures of paid relationships and risks
- Investor education tools
- Proportionate regulatory responses
- Collaborative oversight frameworks
Jean-Paul Servais, Chair of IOSCO and FSMA Belgium:
“These reports set out globally aligned expectations for ethical conduct and effective oversight... ensuring that technology enhances trust, rather than undermining it,”
Finfluencer Advocate Perspective
Not all creators are breaking the rules. According to the CFA Institute’s 2024 finfluencers appeal report, many finfluencers are filling educational gaps and helping demystify investing and financial planning for younger and underserved audiences. They create digestible and accessible content, often without commercial promotion or investment recommendations. Some are careful to include disclaimers and avoid offering specific advice.
See: A Look Inside 2024 DIY Investing Trends in Canada
A Wealth Professional Canada article cited Tangerine survey that discovered 60% of Canadians who follow finfluencers said they had benefited from their content. At the same time, those who acted on influencer tips were found to be 12 times more likely to experience scams.
Advocates argue that regulation should distinguish between financial education and commercial promotion. They are calling for clarity on how to remain compliant, not for the removal of content that informs and empowers.
“Most of us want to educate and uplift. But we need the rules to be clear and fair, not just fear-based.”
How Canada Compares to Global Peers
While Canada takes a proactive, data driven approach to enforcement of finfluencers while increasing public awareness for finfluencer risks, how do we shape up to our peer countries?
In Australia, the Australian Securities and Investments Commission - ASIC released guidance for social media influencers through INFO 269. ASIC warns that creators discussing financial products may be in breach of the law if they are unlicensed and don't follow compliance standards. The guidance supports financial literacy content as long as it avoids over promotion and includes proper disclosures.
In the United Kingdom, the Financial Conduct Authority (FCA) has focused on financial promotions. The FCA targets firms that pay finfluencers to promote investments without regulatory approval and has updated the financial promotions regime to apply to social media content.
Italy’s CONSOB and other European and Middle Eastern regulators also participated in the coordinated enforcement week. These jurisdictions are enhancing joint oversight of social media investment promotions, especially in the context of crypto and speculative assets.
See: GameStop Testimony: When Short Sellers, Social Media, and Retail Investors Collide
In the United States, regulators such as the SEC and FINRA have pursued enforcement through existing anti-fraud provisions. While there is no finfluencer-specific guidance, recent actions have targeted offside celebrity crypto endorsements and undisclosed paid promotions.
Importantly, none of the major jurisdictions have called for bans, so global consensus is aligning with regulators to build frameworks that promote compliance, transparency, and public awareness instead.
Conclusion
Finfluencers are becoming as influential as traditional advisors, even more so for digitally native and younger investors. So oversight is warranted but the focus should be on compliance that doesn't undermine financial literacy and inclusion. Regulatory consensus shows that with clear rules, good practices, and global cooperation that clear rules and strategic oversight can protect investors while empowering open access to useful financial content online.
Want to stay ahead of regulatory shifts affecting digital finance and investor education? Subscribe to the NCFA newsletter for updates, insights, and expert analysis.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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