Q4 | Torys Quarterly • Fall 2025
The pulse on Canada’s financial services
Torys explores the market shifts, innovations and regulatory change transforming Canada’s financial services.
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Torys explores the market shifts, innovations and regulatory change transforming Canada’s financial services.
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Amid a choppy market for transactional activity, strategic deals are being driven by new incentives and creative emerging investment models.
Technology remains a critical point of competitive distinction for financial services organizations as the sector continues to make significant advances across products, financial instruments and broader operational efficiencies.
Digital transformation is giving rise to new risks and considerations, including an increase in regulatory scrutiny as these regimes respond to evolving technologies and practices.