Canada's Payment Sovereignty Crisis: Moneris Sale Hands US Control of One-Third of National Transactions

The $2-billion CAD sale of Canadian payments giant Moneris to a US private equity firm is a seismic event for fintech sovereignty. If approved, one in three Canadian payments will flow through a US-controlled entity, leaving the country's Big Five banks reliant on foreign providers for critical infrastructure. This isn't just a corporate transaction; it's a national security issue where "effective control over how the country's commerce clears" shifts overseas, leaving a...