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.
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.
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.
National Bank of Canada reports increased fourth-quarter profit, driven by its wealth management division. Get the latest financial results and analysis.
Royal Bank of Canada reports a strong Q4 with $5.5B in adjusted profit, beating estimates. Annual net income jumps 25% to $20.4B. Discover the key drivers and economic insights.
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.
Discover how Toronto's 1990 ETF innovation created a global investment giant. Canada's market now nears $700B, leading with Bitcoin and active ETFs. Explore the history.
Laurentian Bank's sale to National Bank is finalized. Learn what this means for account holders, services, and the future of banking in Canada. Get the full details here.
Fintech company Wealthfront is aiming for a valuation of up to $2.05 billion in its planned U.S. initial public offering. Get the latest details on this major financial technology move.
The Bank of Nova Scotia reports a significant rise in quarterly profit, reaching $2.21 billion for Q4 2025. Discover the key financial results and what they signal for Canada's banking sector.
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Laurentian Bank of Canada has finalized its sale, with assets divided between Fairstone Bank and National Bank. Get the details on this significant shift in Canadian banking.
The Bank of Montreal will shutter its Melville, Saskatchewan branch in June 2026, following closures in Weyburn and Davidson. Learn what this means for local banking.
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.
President Trump granted clemency to David Gentile, convicted in a $1.6 billion investment fraud scheme affecting thousands. Learn about the case details and implications.
Former President Trump grants clemency to David Gentile, former GPB Capital CEO convicted in $1.8 billion Ponzi scheme. Latest development in ongoing presidential pardon controversies.
Residents in Gaza undertake the painstaking process of restoring torn and damaged currency amid ongoing recovery efforts. Learn how communities are rebuilding their financial resources.
The B.C. Securities Commission accuses a company of defrauding investors of $16 million. Learn about the allegations and regulatory response in this developing story.
Canada's Supreme Court permits investor legal action against a mining company to move forward, marking a significant ruling for shareholder rights and corporate accountability.
Learn how to navigate buy now, pay later services during holiday shopping season. Expert tips to avoid debt cycles while using BNPL plans from Klarna, Afterpay and others.
Canada's Big Six banks prepare to report Q4 earnings amid trade tensions and private credit concerns. Analysts expect higher EPS but warn of geopolitical headwinds affecting outlook.
Financial regulation in Canada must prioritize innovation and competition alongside stability to boost productivity and economic growth, argues expert Gherardo Caracciolo.
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Platinum prices surge as China's new futures contract boosts demand. Spot prices hit $1,650/oz, while imports doubled in October. Discover the market impact.
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
Canadians under 35 doubled their net wealth since 2020, but face the lowest income growth in the nation. Discover the risks to their financial future.
Guelph police issue urgent warning after senior loses nearly $15,000 in sophisticated bank card scam. Learn how to protect yourself from financial fraud.
A Hong Kong court has strengthened an injunction freezing $220M in assets of Evergrande founder's ex-wife across Canada and other jurisdictions, aiding liquidators in the massive corporate collapse.
Equifax Canada reports increasing non-mortgage debt payment delinquencies in Q3 2025 as financial pressures mount for Canadian consumers. Learn about the concerning trend.
Finance experts reveal cash ETFs provide attractive yields and liquidity for sidelined funds. Discover how Canadian investors can optimize their cash positions in current markets.
Alberta introduces legislation to insulate AIMCo from legal liability while protecting companies from greenwashing allegations. Learn how this impacts investors and environmental claims.