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Top Headlines: Finance, Technology, and Wellness on August 21, 2025

21.8.25

TORONTO – August 21, 2025 – Today's news landscape is a mix of financial accessibility initiatives, celebrity-driven wellness ventures, and ongoing legal challenges for major corporations. From banks taking steps toward reconciliation to an NFL star's foray into the cannabis industry, here is a breakdown of the top stories.

RBC Champions Financial Inclusion for Indigenous Peoples

RBC is making strides in financial inclusion by launching a no monthly fee bank account for First Nations, Inuit, and Métis Peoples in Canada. This move is one of the first actions to be implemented from the bank’s inaugural Reconciliation Action Plan. The initiative, announced ahead of a December 2025 regulatory deadline, aims to address systemic barriers and disproportionate costs faced by Indigenous communities.

The new offering provides greater access to banking services and financial advice, including features such as 12 free debit transactions per month, unlimited e-transfers, and no minimum balance requirement. This aligns with broader efforts to support financial prosperity and is also available to other eligible groups, including seniors, youth under 25, newcomers, and RDSP beneficiaries.

From the NFL Gridiron to the Cannabis Field: Calvin Johnson's New Chapter

NFL Hall of Famer Calvin "Megatron" Johnson is stepping into the spotlight in a new arena—the cannabis industry. The new episode of the docuseries "CannaCribs" features Johnson's Primitiv Group, a full-service cannabis company he co-founded with former teammate Rob Sims. The episode offers a behind-the-scenes look at their Michigan-based cultivation facility, which is dedicated to providing natural relief for chronic pain and educating the public on the wellness benefits of cannabis. Johnson, a vocal advocate for plant-based medicine, discusses how cannabis played a role in his athletic recovery and post-football life, highlighting the company's focus on quality, genetics, and responsible cultivation practices.

Legal Troubles and Market Shifts

Several companies are facing legal scrutiny, with shareholder rights litigation firms announcing investigations and class-action lawsuits. Hims & Hers Health, Inc. is being sued for securities fraud, with allegations that the company "deceptively promoted and sold illegitimate, knockoff versions of Wegovy®." The lawsuit claims this practice put patient safety at risk and was not disclosed to investors. Other companies, including Lineage, Inc., Luminar Technologies, Inc., and Sarepta Therapeutics, Inc., are also facing legal challenges related to fraud and alleged securities violations.

Meanwhile, the global business community is preparing for the Influential Brands Awards in Singapore, a major event that will celebrate brand leadership, sustainability, and visionary excellence in Asia.

Technology and Market Insights

In the technology sector, Vitria is revolutionizing the financial services industry with its autonomous AI operations, which are designed to help firms manage complex IT environments. This new approach aims to improve efficiency and agility in an increasingly large-scale technological landscape.

For cybersecurity professionals, ISC2 has updated its advanced certifications—ISSAP, ISSEP, and ISSMP—to include new exam outlines and AI-powered adaptive training. These enhancements are designed to help cybersecurity experts at senior levels further demonstrate their specialized expertise in architecture, engineering, and management.

In the broader economy, a new CIBC poll reveals that Canadian post-secondary students are feeling the financial crunch amidst economic uncertainty and the rising cost of living. The survey highlights that many students struggle to manage expenses and are increasingly concerned about financial stability.

Finally, a new report from MarketsandMarkets™ projects the liquid-applied membrane market will reach $33.50 billion by 2030, driven by the increasing demand for sustainable and durable waterproofing solutions in both residential and commercial construction.


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