Category : Search result: banking regulation


EQB to buy PC Financial for about $800M

EQB Inc. has agreed to purchase the PC Financial business from Loblaw Companies Ltd. in a landmark transaction valued at approximately $800 million. The deal reshapes Canada's banking landscape.

Alberta 'Forever Chemicals' Petition Heads to Legislature

A citizen petition demanding action on PFAS 'forever chemicals' is headed to Alberta's legislative assembly. Former deputy premier Thomas Lukaszuk calls the issue 'existential.' Learn about the push for regulation.

Laurentian Bank sells $1.9B portfolio in strategic split

Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.

RBC Q4 profit rises, dividend increased

Royal Bank of Canada announced higher fourth-quarter profits compared to last year and raised its dividend. Get the key financial details and market implications.

B.C. tribunal settles unusual credit dispute

A British Columbia tribunal has resolved a complex dispute involving an unusual credit arrangement. Learn how the case unfolded and what it means for financial agreements in Canada.

Exchanges warn SEC against crypto rule bypassing

Major stock exchanges demand SEC prevent cryptocurrency companies from circumventing securities regulations. Learn how this could impact crypto market oversight and investor protection in Canada.

Canadian Biotech Fights Stock Spoofing Claims

A Canadian biotechnology company faces allegations of stock manipulation as it fights to prove itself a victim of market spoofing. Learn about this financial battle.

Ex-AIMCo CEO Evan Siddall joins BMO capital markets

Evan Siddall, ousted from AIMCo in 2024, has been appointed vice-chair of BMO's capital markets division following a reorganization. Learn about his Wall Street connections and career journey.

EU Regulator Denies Tesla FSD Approval Claim

Dutch regulator RDW refutes Tesla's claim of impending Full Self-Driving approval in Europe. Get the latest on the regulatory clash delaying Tesla's autonomous tech.

Bitcoin Mining Rebounds in China Despite 2021 Ban

Despite China's 2021 cryptocurrency mining ban, Bitcoin operations have significantly recovered, raising questions about enforcement and industry resilience. Learn about the latest developments.

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