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Senate Majority Whip John Barrasso is ready to go nuclear on Senate Democrats and their blockade of President Donald Trump’s nominees.

Before leaving Washington, D.C., to their respective home states, Senate Republicans were on the verge of a deal with their colleagues across the aisle to hammer out a deal to ram through dozens of Trump’s picks for non-controversial positions.

But those talks fell apart when Trump nuked any further negotiations over funding demands from Senate Minority Leader Chuck Schumer, D-N.Y. Currently, there are 145 pending nominations on the Senate’s executive calendar, with that number expected to balloon when the upper chamber reopens for business.

Lawmakers are set to return on Tuesday, and Barrasso, R-Wyo., wants to immediately tackle the nomination quandary. He’s engaged in a public pressure campaign, writing an op-ed for the Wall Street Journal directly calling out Schumer.

Meanwhile, he’s facilitated talks among Senate Republicans on the best path forward, and told Fox News Digital in an interview that, at this point, he’s willing to do anything necessary to see the president’s picks confirmed.

‘We need to either get a lot of cooperation from the Democrats, or we’re going to have to roll over them with changes of the rules that we’re going to be able to do in a unilateral way, as well as President Trump making recess appointments,’ he said.

Senate Democrats, under Schumer’s direction, are unlikely to play ball, however.

Schumer, in response to Barrasso’s public jab against him and Senate Democrats, contended in a statement that ‘historically bad nominees deserve a historic level of scrutiny by Senate Democrats.’

‘Anybody nominated by President Trump is, in Schumer’s words, ‘historically bad.’ Why? Because they were nominated by President Trump,’ Barrasso shot back. ‘That is his sole criteria for which these people are being gone after and filibustered, each and every one of them, even those that are coming out of committee, many, many of whom are with bipartisan support.’

Unilaterally changing the rules, or the nuclear option, would allow Republicans to make tweaks to the confirmation process without help from Democrats, but it could also kneecap further negotiations on key items that would require their support to advance beyond the Senate filibuster.

Barrasso was not worried about taking that route, however, and noted that the nominees that he and other Republicans were specifically considering would be ‘sub-Cabinet level positions’ and ambassadors.

Up for discussion are changes to the debate time, what kind of nominee could qualify for a speedier process and whether to give the president runway to make recess appointments, which would require the Senate to go into recess and allow Trump to make appointments on a temporary basis.

‘When you take a look at this right now, it takes a 30-minute roll-call vote to get on cloture, and then two hours of debate time, and then another 30-minute roll-call vote,’ Barrasso said. ‘Well, that’s three hours, and it’s time when you can’t do legislation, you can’t do any of the other things.’

But there is a menu of key items that Congress will have to deal with when they return, particularly the deadline to fund the government by Sept. 30.

Barrasso acknowledged that reality, and noted that it was because of the hefty schedule that he wanted a rules change to be put front and center.

‘There’s not going to be any time to — or there’s going to be limited time, I should say, to actually get people through the nominations process, which is just going to drag on further, and you’ll have more people having hearings and coming out of committees,’ he said.  

‘This backlog is going to worsen this traffic jam at the Schumer toll booth. So, we are going to do something, because this cannot stand.’

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America First Legal (AFL) sued the Food and Drug Administration on Friday to obtain Biden-era records related to the government’s internal guidance for the recommended use of puberty blockers for kids.  

The Trump-aligned legal group previously uncovered communications from the former administration through a Freedom of Information Act (FOIA) request, which reportedly showed the FDA knew that these drugs increased mental health risk but still recommended approving them for kids.

Following those uncovered communications, AFL followed up with a separate FOIA requesting documents specifically pertaining to the FDA’s internal guidance for the off-label use of these drugs. Despite acknowledging the federal information request, the FDA has not cooperated, and the deadline to produce documents is up.

 

‘The Biden administration pushed gender-denying treatments on American kids. Now, it’s time to expose what officials really knew,’ AFL counsel Will Scolinos, said. 

Similar to AFL’s current FOIA request, the group was required to engage in litigation to compel the release of the first set of documents. 

But, eventually, documents were released that seemed to show the Biden-era Division of General Endocrinology at the FDA recommended the agency approve puberty blockers for children despite the knowledge that there were negative impacts associated with them, such as increased depression, suicidality and seizure risks.

‘There is definitely a need for these drugs to be approved for gender transition,’ an FDA official from the agency’s endocrinology division stated in an email uncovered by AFL. In the same communications, the FDA official also explicitly states that studies found ‘increased risk of depression and suicidality, as well as increased seizure risk.’

Such findings have been confirmed by other studies as well.

Researchers at the University of Texas sampled 107,583 patients 18 and older who had gender dysphoria, including some who underwent gender surgery, and concluded that ‘gender-sensitive mental health support … to address post-surgical psychological risks’ is a ‘necessity.’

 

Males who received surgery had depression rates of 25% compared to males without surgery, who had rates slightly below 12%. Anxiety rates among that group were 12.8% compared to 2.6%.

The same differences were seen among females as well. Those with surgery had 22.9% depression rates compared to 14.6% in the non-surgical group. Females who did get surgery also had a rate of anxiety of 10.5% compared to 7.1% for girls who had not gotten surgery.

Fox News Digital reached out to the FDA for comment but did not immediately receive a response. 

Fox News’ Melissa Rudy and Michael Dorgan contributed to this report

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A federal judge in Washington, D.C., on Friday grilled lawyers for the Justice Department and Lisa Cook over President Donald Trump’s historic attempt to fire her from the Federal Reserve.

The landmark case is almost certain to be kicked to the Supreme Court for review. Despite the high-stakes nature of the legal dispute, Friday’s hearing ended after more than two hours without clear resolution. 

U.S. District Judge Jia Cobb, a Biden appointee, declined to immediately grant the temporary restraining order sought by Lisa Cook’s attorneys, which would keep her in her role on the Fed’s Board of Governors for now. 

Cook’s lawyers included the request for the temporary restraining order in the lawsuit filed in federal court on Thursday, challenging Trump’s attempt to fire her from her position on the independent board due to allegations of mortgage fraud. 

Instead, Judge Cobb ordered both parties to submit any supplemental briefs to the court by Tuesday, shortly before she dismissed the lawyers for the long weekend.

Cobb noted the novelty of the case before her, which involves the first attempt by a sitting president to oust a Federal Reserve governor ‘for cause.’ 

The fraud allegations were first leveled by Bill Pulte, a Trump appointee to the federal agency that regulates Fannie Mae and Freddie Mac. He accused Cook of claiming two primary residences in two separate states in 2021, with the goal of obtaining more favorable loan conditions. 

Trump followed up by posting a letter on Truth Social earlier this week that he had determined ‘sufficient cause’ to fire Cook, a dismissal he said was ‘effective immediately,’ prompting her attorneys to file the emergency lawsuit.

The crux of Friday’s arguments centered on the definition of what ‘for cause’ provisions must entail for removal from the board under the Federal Reserve Act, or FRA, a law designed to shield members from the political whims of the commander in chief or members of Congress. 

The arguments also centered on Cook’s claims in her lawsuit that Trump’s attempt to fire her amounts to an illegal effort to remove her from the Fed well before her tenure is slated to end in January 2038 to install his own nominee. 

Lawyers for Cook argued that her firing was merely a ‘pretext’ for Trump to secure a majority on the Fed board, a contention that Cobb admitted made her ‘uncomfortable.’

They also attempted to poke holes in the mortgage fraud allegations, which they said were made on social media and ‘backfilled.’

The case ‘obviously raises important questions’ about the Federal Reserve Board, Cobb said shortly before adjourning court.

She also noted that she had not yet made a determination about the alleged ‘irreparable harm,’ prompting her to set the Tuesday filing deadline.

Cook’s attorneys argued Friday that Trump’s attempt to fire her violates her due process rights under the Fifth Amendment, as well as her statutory right to notice and a hearing under the Federal Reserve Act. 

Her lawyer, Abbe Lowell, noted on several occasions that there was no ‘investigation or charge’ from the administration prior to Trump’s abrupt announcement that he would fire Cook.  

Lowell also vehemently disputed the Justice Department’s allegations that Cook had an ‘opportunity’ to respond to the mortgage fraud accusations leveled by Bill Pulte, noting that they were made just 30 minutes before Trump called for Cook to be removed.  

He told Cobb that it was the latest attempt by the Trump administration to ‘litigate by tweet.’

Lawyers for the Trump administration, for their part, argued that the president has broad latitude to determine the ‘for cause’ provision.

Justice Department attorney Yakoov Roth told Cobb that the determination of when to invoke the provision should be left to the president, regardless of whether it is viewed by others as ‘pretextual.’

‘That sounds to me like the epitome of a discretionary determination, and that is when the president’s power is at [its] apex,’ Roth said.

DOJ lawyers also noted that Cook, to date, has not disputed any of the allegations in question and argued there is ‘nothing she has said’ about the allegations that would cause her to not be fired.

‘What if the stated cause is demonstrably false?’  Cobb asked, going on to cite hypothetical concerns that a president could, theoretically, use allegations to stack federal boards with majorities.

As for the issue of ‘irreparable harm,’ Justice Department attorneys argued that it would be more harmful for Cook to remain in office, arguing that the ‘harm of having someone in office who is wrongfully there … outweighs the harm of someone being wrongfully removed from office.’

Cook’s attorneys said Friday that in reviewing the lawsuit, the court need not itself establish a definition of what ’cause’ means under the Federal Reserve Act.

Instead, Lowell suggested, the court should instead work backwards to determine whether the accusations leveled by Pulte were in fact ‘backfilled’ by Trump to form the basis of her removal.  

‘It’s very difficult to come up with an 11-page definition of what it is,’ Lowell said Friday of the ’cause’ definition, adding that it is far easier to come up with a one-page definition of ‘what it’s not.’ 

‘Whatever it is, it’s not this,’ Lowell said.

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House investigators’ plan to grill former FBI Director Robert Mueller has hit a snag. 

The House Oversight Committee was set to have Mueller appear before the panel on Tuesday as part of the House’s probe into Jeffrey Epstein. However, a source familiar with the investigation told Fox News Digital that lawmakers ‘learned that Mr. Mueller has health issues that preclude him from being able to testify.’ 

‘The committee intends to withdraw its subpoena,’ the source said. 

Mueller was one of many notable figures, including the Clintons, who House Oversight Committee Chair James Comer, R-Ky., subpoenaed to testify before the panel. 

He would have been the second witness appearing in-person before the House Oversight Committee after former Attorney General Bill Barr did so last month.

His closed-door deposition was expected to see at least some lawmakers on both sides attend, with the investigation so far seeing wide bipartisan support in an otherwise highly divided era for Congress.

Mueller was most recently in the headlines for his role as special counsel investigating whether Russia interfered in the 2016 election in favor of President Donald Trump.

That probe, which did not find Trump to have committed any wrongdoing, saw 34 people indicted and eight convictions or guilty pleas, including several people associated with the president.

House investigators were expected to dive into Mueller’s time as director of the FBI. He led the bureau under former Presidents George W. Bush and Barack Obama, from September 2001 until September 2013.

It was during that window that the federal government first investigated Epstein, something Comer pointed out in his letter subpoenaing Mueller.

‘When you were FBI Director, an FBI investigation of Mr. Epstein led to an Assistant U.S. Attorney in the Southern District of Florida preparing a draft 60-count indictment of Mr. Epstein in 2007,’ Comer wrote.

‘However, the next year, Mr. Epstein pled guilty in Florida state court to two prostitution offenses, and, in exchange, he and his co-conspirators received immunity from federal prosecution through a non-prosecution agreement.’

That non-prosecution agreement has been widely criticized and is now the basis for Epstein accomplice Ghislaine Maxwell to appeal her conviction and 20-year prison sentence before the Supreme Court.

It’s not clear how much of a role Mueller would have had in that agreement. Alexander Acosta, the former Trump labor secretary and U.S. attorney in Florida who signed off on the deal, is sitting down with the House Oversight Committee for a voluntary transcribed interview later this month.

Comer sent out a flurry of subpoenas last month in relation to the Epstein probe. 

Other figures also compelled to appear after Mueller are former FBI Director James Comey, former Attorney General Loretta Lynch and ex-first couple Bill and Hillary Clinton.

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A new report from the far-left Human Rights Campaign shows a remarkable shift: a 65% drop in Fortune 500 companies publicly communicating commitments to diversity and inclusion initiatives. Just a few years ago, corporations raced to outdo one another with ever-expanding DEI pledges. Today, many are quietly stepping back.

This is not a retreat from fairness. It is a return to sanity.

For years, corporate America embraced an ideological experiment that blurred the line between equal opportunity and preferential treatment. What began as a push for broader inclusion morphed into quota-driven mandates, demographic scorecards and internal political signaling exercises that often had little to do with business performance.

Now, the legal system — and increasingly federal regulators — are pushing back.

Consider the recent lawsuit against Starbucks, where Missouri’s attorney general alleged ‘systemic discrimination’ in hiring and promotion practices tied to DEI goals. While a federal judge dismissed the case on procedural grounds, the filing itself signaled growing scrutiny over whether corporate diversity initiatives cross into unlawful discrimination.

Nike is currently facing a federal investigation by the Equal Employment Opportunity Commission over allegations that certain DEI-related employment practices may have resulted in race-based discrimination against White employees. Whether the agency ultimately finds wrongdoing or not, the investigation underscores a new reality: DEI programs are no longer insulated from legal challenge.

And JPMorgan Chase has been sued over allegations of ‘systemic’ race bias, including claims that the bank conducted ‘fake interviews’ to satisfy internal diversity targets. That allegation — that a company might go through the motions of interviewing candidates solely to hit demographic benchmarks — illustrates how performative compliance can undermine both fairness and trust.

But the scrutiny does not stop at employment law.

In recent weeks, the Federal Trade Commission reportedly sent letters to 42 of the largest and most profitable law firms in the United States, warning that racially discriminatory hiring practices — even if adopted under the banner of DEI — could constitute unfair or anti-competitive conduct. According to reporting, the firms were participating in a program overseen by the Diversity Lab that required at least 30% of leadership candidates to come from underrepresented groups.

That kind of industry-wide coordination raises serious questions.

First, there is the obvious Civil Rights Act concern: employment decisions cannot be made on the basis of race, period. But there is also a broader antitrust dimension. When competitors collectively adopt demographic quotas or coordinated hiring mandates, they may be engaging in collusive conduct — effectively setting industry standards through cooperation rather than competing freely for the best talent.

This theory is not new. Federal antitrust authorities have previously warned climate and ESG coalitions that there is no ‘ESG exception’ to the antitrust laws. As former FTC Chair Lina Khan stated plainly: competitors are not permitted to coordinate with one another simply because the coordination is framed as socially beneficial. The same logic applies here. There is no DEI exception to the Sherman Antitrust Act.

For years, corporate America embraced an ideological experiment that blurred the line between equal opportunity and preferential treatment. 

The implications are enormous.

Retailers such as Nordstrom, Macy’s, Bloomingdale’s, Ulta and Sephora signed the ‘Fifteen Percent Pledge,’ committing to reserve 15% of shelf space exclusively for Black-owned brands. More than seventy major corporations — including competitors like Nike, Levi Strauss, Ralph Lauren and American Eagle — signed the ‘Count Us In’ pledge, coordinating around policies that include funding transgender surgeries for employees and engaging in shared lobbying efforts.

The legal question is no longer just whether these initiatives are politically popular. It is whether they create exposure under antitrust law by reducing competition or creating coordinated market standards among competitors.

Corporate America is beginning to recognize the risk.

Public companies exist to create shareholder value — not to serve as enforcement arms for shifting social movements. When executives adopted DEI mandates that required race-based hiring targets, demographic quotas, or coordinated pledges with competitors, they exposed their companies to multi-front liability: discrimination claims from employees, regulatory investigations, shareholder lawsuits and now potential antitrust scrutiny.

The 65% drop in DEI messaging suggests something important: boards and CEOs are recalibrating.

That recalibration is healthy. 

There is nothing wrong with expanding opportunity, recruiting broadly, or fostering a respectful workplace culture. But the law demands equal treatment — not equal outcomes engineered through quotas or industry collusion. When companies forget that distinction, they risk violating both civil rights statutes and competition laws designed to protect markets.

Markets function best when companies compete — for customers, for innovation, and, yes, for talent. The moment competitors coordinate around hiring mandates or collective pledges, they drift away from competition and toward centralized standard-setting. That is precisely what antitrust law exists to prevent.

The pendulum is swinging back toward merit.

Employees want to know they were hired because of their ability. Shareholders want disciplined capital allocation. Customers want quality products at fair prices. None of those priorities require demographic quotas or public virtue declarations.

The retrenchment we are witnessing is not an attack on diversity. It is a rejection of coercion and coordination masquerading as virtue. It is a reminder that equal opportunity under the law applies to everyone — White, Black, male, female — and that industry competitors are not allowed to suspend antitrust principles simply because the goal sounds noble.

Corporate America is finally rediscovering a simple truth: treat people equally, compete vigorously, and let merit determine outcomes.

That is not only legally sound. It is economically sound. And it is long overdue.

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BTU METALS CORP. (‘BTU’ or the ‘Company’) (TSXV:BTU)(OTCQB:BTUMF) announces that, further to the news release of November 11, 2025, the Company has closed the previously announced, over-subscribed non-brokered private placement of flow-through common shares by the issuance of 17,700,000 flow-through shares at a price of $0.05 per FT Share (the ‘FT Offering’), for gross proceeds of $885,000.

Each flow-through unit shall be comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant to be issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of $0.09 for a period of 12 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec).

In connection with the oversubscribed offering, the company paid finders’ fees to eligible finders consisting of $58,450 in cash and 1,106,000 non-transferable common share purchase warrants. Each finder warrant is exercisable to acquire one common share in the capital of the company at an exercise price of $0.05 per common share for a period of 12 months from the date of issuance. Closing of the offering is subject to approval of the TSX Venture Exchange. The securities issued under the offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

‘The overwhelming response for this financing demonstrates strong market support for BTU’s portfolio of Ontario-based exploration projects in both the prolific Red Lake and Wawa mining districts,’ stated Paul Wood, CEO. We look forward to advancing all of our projects immediately and into 2026.’

About BTU
BTU Metals Corp. is a junior mining exploration company. BTU’s primary assets are the Dixie Halo Project located in Red Lake, Ontario (optioned to Kinross) immediately adjacent to the Kinross Great Bear Project, the Dixie East project and its gold and critical minerals properties in the active Wawa gold district. The Company continues to look to acquire high quality exploration projects to add to its portfolio for the benefit of its stakeholders. The Company has no debt and minimal property obligations.

ON BEHALF OF THE BOARD

Paul Wood

Paul Wood, CEO, Director
pwood@btumetals.com
BTU Metals Corp.
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements
This news release contains certain ‘forward-looking information’ within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions, plans and future actions of the Company.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: risks relating to the global economic climate; dilution; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the effects of product development; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. The Company has also assumed that no significant events occur outside of the normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.


Source

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In its 2025 federal budget, the Canadian government lays out a bold blueprint to foster competition, innovation and inclusion in the financial sector by accelerating open banking adoption.

With the Big Six banks holding 93 percent of banking assets, this consumer-driven reform aims to dismantle longstanding barriers, giving Canadians and small businesses greater control over their financial data and choices.

The promise of open banking in Canada

Open banking, also known as consumer-driven banking, enables secure, reliable and affordable sharing of financial data between banks and third-party service providers. The goal of this framework is to empower consumers by bringing them more customized and transparent financial products and services.

The Canadian government’s recent announcements, including legislative proposals and an oversight shift from the Financial Consumer Agency of Canada (FCAC) to the Bank of Canada (BoC), signal a serious commitment to delivering a competitive and consumer-centric financial ecosystem. Boms explained that, if implemented correctly, open banking could drive innovation and inclusion across Canada’s financial sector.

“It means a more holistic picture of your total financial life, including your investment portfolios,” he commented. “It’s also something that every other G7 country has and has had for quite some time, and so it provides the basis for a more competitive, more innovative and more efficient financial system.”

One shift in the proposed framework that Boms said is vital is the BoC taking control of regulatory oversight.

‘The FCAC, where (oversight) lived originally, really didn’t have any experience in creating a regulatory framework for non-banks,’ he said. In contrast, the BoC has direct experience in licensing for non-banks serving consumers. It oversees fintech firms such as Wealthsimple, Koho, Brim Financial and Venn under the Retail Payments Activities Act.

Smaller financial institutions, including credit unions, will stand to benefit significantly from this change, leveling the playing field with the Big Six banks, which, as mentioned, currently dominate banking assets.

However, Boms emphasized the importance of a risk- and size-based regulatory approach to ensure these smaller players can innovate without undue burdens: “You have to recognize that fundamentally smaller financial institutions, smaller fintechs, don’t have the same resources as bigger incumbents.”

Canadian budget measures supporting competition

This year’s Canadian federal budget introduces several important measures to enhance competition and give consumers more choice beyond the dominant bank oligopoly. One of the flagship promises is to ban transfer fees for investment and registered accounts, fees that currently cost Canadians around C$150 per account.

Draft regulations are expected by spring 2026 to enforce this ban, reducing friction and costs for consumers. Additionally, the budget includes initiatives to simplify switching primary chequing accounts between financial institutions, further lowering barriers for Canadians to move their banking relationships.

The budget also targets cross-border transfer fees by improving transparency, including fees related to foreign exchange margins, so consumers can better understand the costs of sending money internationally.

Accessibility to cheque funds will be improved by raising the dollar threshold and shortening hold periods on cheque deposits, benefiting Canadians who rely on cheques.

To support smaller lenders and foster broader financial inclusion, legislative amendments will make it easier for federal credit unions to scale and for provincial credit unions to enter the federal regulatory regime.

“If (smaller financial institutions) can get access to consumer data digitally, they can then become much more competitive without having to build the same type of infrastructure the biggest banks can afford to build,” said Boms.

A voluntary code of conduct is planned to improve smaller financial institutions’ access to brokered deposit channels, a vital funding source for growth. Furthermore, changes to the Bank Act and Canada Deposit Insurance Corporation Act will raise public holding requirement thresholds for smaller institutions.

That will allow them more flexibility to grow before triggering changes in ownership structure.

While Canada is still rolling out its open banking framework, countries like the UK and Australia demonstrate how open banking adoption fuels economic resilience and consumer benefits.

“Canada has learned from the experiences of (other) jurisdictions, good and bad, and taken those learnings and implemented (them) into what we see here,’ said Boms.

The future of open banking in Canada

With a 2026 target for full read access, market participants are gearing up for a transformative shift in how financial data is handled. This initiative marks a pivotal move toward democratizing financial data and services in Canada.

The BoC’s expanded oversight role, coinciding with the launch of the real-time rail payment infrastructure and phased “write access” capabilities by mid-2027, will accelerate the system’s rollout.

This evolving infrastructure will facilitate instant payments and empower consumers with the ability to initiate actions like bill payments and account switching seamlessly.

Boms and FDATA Canada stand ready to guide this transformation, ensuring that open banking in Canada not only enhances competition, but also maintains safety, security and consumer protection.

Open banking’s architecture also presents fresh opportunities for digital currencies, with new legislation introduced requiring stablecoin issuers to maintain adequate high-quality reserves, clear redemption policies and robust risk management and security standards. Stablecoins could complement open banking by enabling faster, cheaper cross-border payments and settlements, especially for consumers and small businesses.

As open banking takes shape, Canadians and small businesses will gain unprecedented control over their financial lives, a change poised to ignite innovation, unlock economic potential and reshape the country’s banking landscape.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Genetics is the study of genes, their variations and hereditary characteristics, as well as how these traits are passed on through generations. So what is genetics investing?

When it comes to genetics investing, companies in this niche of the life science sector are mostly focused on four submarkets: DNA sequencing, genetic testing, gene therapy and genomics, which includes gene editing.

This life sciences submarket has gained much attention from investors over the past several years. It has provided a launching pad for a number of biotech firms developing and commercializing novel treatments and drugs addressing a wide range of diseases with unmet needs.

For those looking to dive into the genetics sector, there are numerous investment opportunities to consider. Investing in gene stocks is the most common route, but there are risks due to the market’s volatility, especially when it comes to wins or losses with the US Food and Drug Administration (FDA).

Exchange-traded funds (ETFs) are another popular option for gaining exposure to the industry, and come with less risk than investing in a single stock.

In this article

    What are the key areas of the genetics sector?

    Before diving into investment opportunities in the genetics market, it’s important to understand the industry and the key areas of genetics mentioned above.

      What investors should know about the genetics market

      In the biotech sector, gene therapy is one of the more advanced treatment options, and gene therapy pipeline candidates are robust in late-stage clinical trials.

      In terms of what will — and already has — disrupted the genetics industry, CRISPR gene-editing technology has been on the rise for quite some time. It uses short repeating DNA sequences with “spacers” dividing them to treat genetic diseases.

      While the use of the technology is still in its early stages, in the coming years it’s expected to have a big impact on how genetic diseases are treated, and there are a range of clinical trials underway involving CRISPR technology. So far, the only FDA approved CRISPR-based medicine is Casgevy, developed by Vertex Pharmaceuticals (NASDAQ:VRTX) and CRISPR Therapeutics (NASDAQ:CRSP). It was originally approved in late 2023 for the treatment of sickle cell disease.

      The prominence of gene therapies in the life science sector was a major theme at the 2025 JPMorgan Healthcare Conference in January 2025. Peter Marks, then-director of the FDA’s Center for Biological Evaluation and Research, told attendees that his agency is aiming to accelerate approvals for gene therapies.

      In 2024, the FDA expanded approvals for CRISPR-based Casgevy to beta-thalassemia, and it also approved Pfizer’s (NYSE:PFE) Beqvez and PTC Therapeutics’ (NASDAQ:PTC) Kebilidi.

      Despite experiencing a challenging year in 2024, there is still a lot of optimism in the gene therapy sector. Also speaking at the January conference, Alliance for Regenerative Medicine president Tim Hunt said he believes 10 new cell and gene therapy treatments could reach blockbuster status by 2030.

      “No one’s saying there aren’t headwinds, but we are seeing important signs of growth,” he added.

      Looking at DNA sequencing, this market is driven by advances in biotech, the increasing prevalence of cancer and rising demand for precision medicine, as well as higher investment in research and development. DNA sequencing has become a vital component of this growth and has played a key role in remodeling molecular biology and genomics research.

      Genetic testing is another segment of the genetics industry that is growing at a fast pace. Unsurprisingly, technological breakthroughs have had a huge impact on genetic testing, and so has the fact that governments and regulatory bodies are turning their attention to this market in order to regulate and raise awareness to treat diseases such as cancer, cystic fibrosis and sickle cell anemia.

      Biotech and pharmaceutical companies are also expressing interest in this sector, which is expected to further fuel genetics sector growth in the coming years. Mergers and acquisitions activity is also expected to increase as companies seek to expand their product portfolios new candidates and technologies.

      As can be seen, the genetics industry is vast and complex, but is also ripe with investment opportunities.

      How to invest in gene stocks

      Investors looking to invest in the field of genetics through stocks have many options, from large-cap biotech companies to pure-play gene therapy, gene editing and genetic testing stocks.

      See the list below for genetics companies to consider, and check out the linked stock lists for more options.

      Large-cap gene stocks

      There are a number of large-cap biotech companies that have significant focuses on the field of genomics. Here are a few to consider:

      Amgen (NASDAQ:AMGN)
      A global leader in biotech, Amgen uses advanced human genetics to develop and manufacture therapeutics targeting a variety of diseases with unmet medical needs. The company’s subsidiary deCODE Genetics is researching how human genetic diversity influences disease.

      AbbVie (NYSE:ABBV)
      Research-based global biopharmaceutical company AbbVie that addresses several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology and gastroenterology. AbbVie is collaborating with ADARx Pharmaceuticals to develop siRNA therapeutics, viewed as a promising genetic medicine approach for silencing disease-causing genes.

      Regeneron Pharmaceuticals (NASDAQ:REGN)
      Regeneron Pharmaceuticals creates medicines for a wide variety of diseases. The Regeneron Genetics Center is conducting one of the world’s largest genetics sequencing efforts in collaboration with health organizations around the world.

      Gene editing (CRISPR) stocks

      There are a variety of options for investors looking to buy in on the field of gene editing stocks, including:

      CRISPR Therapeutics (NASDAQ:CRSP)
      CRISPR Therapeutics and its partner Vertex Pharmaceuticals co-developed drug Casgevy, a CRISPR/Cas9 genome-edited cell therapy. Casgevy is the first ever treatment based on CRISPR technology to be approved for the US market, as well as by the European Medicines Agency and Health Canada.

      Intellia Therapeutics (NASDAQ:NTLA)
      Intellia Therapeutics is a gene editing biotech company developing drugs for patients with genetic and autoimmune diseases. The company’s drug pipeline includes late-stage clinical programs for therapies targeting hereditary angioedema and transthyretin amyloidosis.

      Vertex Pharmaceuticals (NASDAQ:VRTX)
      Vertex Pharmaceuticals is the other half of the team behind Casgevy. It also offers exposure to other sectors of genomics, with approved treatments for cystic fibrosis and a pipeline of genetic and cell therapies. Its investigational VX-880 islet cell replacement therapy could restore insulin production in patients with type 1 diabetes.

      Gene therapy stocks

      Gene therapy stocks and stem cell stocks are also popular choices for genetics investing. Here are a few to get you started:

      Novartis (NYSE:NVS)
      Switzerland-based Novartis is focused on treatments for a wide range of diseases, including cancers, malaria, leprosy and sickle cell disease. Novartis is developing adeno-associated-virus (AAV)-based and CRISPR-based gene therapies. Its Kymriah treatment was the first CAR-T cell therapy to be approved by the FDA, and the agency also approved its AAV-based therapy Zolgensma.

      Gilead Sciences (NASDAQ:GILD)
      Global biopharmaceutical company Gilead Sciences is advancing breakthrough medicines to prevent and treat serious diseases such as HIV, viral hepatitis and cancer. Its cell-based gene medicine for blood cancer, the CAR T-cell therapy Yescarta, was the second gene therapy approved by FDA.

      uniQure (NASDAQ:QURE)
      Genomic medicine company uniQure develops and markets gene therapy products for patients with severe genetic diseases. The company’s AAV-based gene therapy platform targets liver-directed and central nervous system disorders.

      Genetic testing stocks

      For those interested in genetic testing stocks, these three stocks provide a snapshot on different ways to get exposure to the sector:

      Exact Sciences (NASDAQ:EXAS)
      Exact Sciences focuses on molecular diagnostic tests. The company has developed a molecular screening technology platform called Cologuard that detects a range of cancers, including breast cancer and colorectal cancer.

      Fulgent Genetics (NASDAQ:FLGT)
      A leader in clinical diagnostic genetic sequencing, Fulgent Genetics is a full-service genomics testing company. Its proprietary technology platform, Picture Genetics, allows for the identification of personal DNA health markers in individual patients.

      Illumina (NASDAQ:ILMN)
      Illumina develops, manufactures and markets life science tools and integrated systems that enable the implementation of genomic solutions for the healthcare sector. Its focus is on oncology testing, genetic disease testing, reproductive health and research.

      How to invest in genomics ETFs

      For those who would prefer to invest in the genetics industry overall rather than buying shares in an individual gene stock, investing in genomics ETFs is the way to go. Here are some available ETFs that offer exposure to companies in the biotech and genetics sectors to start you off:

      ARK Genomic Revolution ETF (ARCA:ARKG)
      This ETF tracks firms focused on CRISPR technology, targeted therapeutics, bioinformatics, molecular diagnostics, stem cells and agricultural biology. Its holdings include CRISPR Therapeutics and Guardant Health (NASDAQ:GH).

      Global X Genomics & Biotechnology ETF (NASDAQ:GNOM)
      The Global X Genomics & Biotechnology ETF invests in stocks that are involved in genomic science, which includes gene computational genomics and biotechnology. Its holdings include Illumina and Avidity Biosciences (NASDAQ:RNA).

      iShares Genomics Immunology and Healthcare ETF (ARCA:IDNA)
      The iShares Genomics Immunology and Healthcare ETF focuses on companies involved with genomics, immunology and bioengineering. Its holdings include Regeneron Pharmaceuticals and Arcellx (NASDAQ:ACLX).

      Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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