EQB buys PC Financial from Loblaw for $800 million
EQB Inc., parent of Equitable Bank, acquires PC Financial from Loblaw in an $800-million deal, creating a major new digital banking force. Loblaw takes a minority stake.
Category : Search result: banking fee reforms
CIBC Hikes Dividend After Q4 Earnings Beat
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
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.
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.
National Bank Q4 profit rises on strong wealth management
National Bank of Canada reports increased fourth-quarter profit, driven by its wealth management division. Get the latest financial results and analysis.
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.
Hong Kong leader pledges reforms after deadly fire
Hong Kong Chief Executive John Lee vows a thorough investigation into a fatal fire and promises sweeping construction safety reforms. The city demands answers.
Laurentian Bank Sale: Customer Impact Explained
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.
Scotiabank Beats Q4 Estimates Despite Restructuring Charge
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 announces sale to Fairstone, National Bank
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.
Bank of Montreal Closing Melville Branch in 2026
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.
U.S. to impose $45 fee for air travellers without REAL ID
Starting in 2025, U.S. air travellers lacking a REAL ID will face a $45 fee. Learn the details and how this impacts Canadian flyers heading south.
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.
Hydro-Québec wants $1.40 fee for paper bills
Hydro-Québec seeks regulatory approval to charge customers $1.40 for paper bills to offset rising postal costs and encourage digital adoption. Learn how this affects Montreal residents.
Canadian Banks Priced for Perfection in Q4 2025
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Morgan Stanley fined €101M in Dutch tax evasion case
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
US Parks Add $100 Fee for International Tourists
Starting January 1, foreign visitors to top US national parks like Yellowstone will pay a new $100 entry fee. Americans get exclusive free days. Learn how this affects travel.
Biometric Fraud Drives New Bank Verification Models for 2026
A new Regula study reveals biometric verification is the most attacked point in digital ID processes, prompting a strategic shift towards orchestrated systems for Canadian financial institutions.
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.
Alberta Auto Insurance Reforms Face Implementation Hurdles
Alberta's Care-First auto insurance model promises lower premiums by 2027, but faces opposition from trial lawyers and market competition challenges. Learn how reforms aim to protect drivers.
LaSalle Children's Clinic Closing Over Health Reforms
Montreal's Centre médical pour enfants LaSalle will close due to Quebec healthcare compensation changes, affecting pediatric services. Learn about the impacts.
Eurovision Changes Voting After Israeli Interference Claims
Eurovision announces major voting and security reforms following allegations of Israeli government interference in the 2025 contest. Learn how the competition plans to restore integrity.
Manitoba updates intimate image laws for digital protection
Manitoba Justice Minister announces new amendments to strengthen intimate image legislation, enhancing protections against digital abuse and exploitation. Learn about the changes.
OSFI changes capital rules to boost bank lending
Canada's banking regulator OSFI announces capital requirement changes to help banks increase lending to businesses and consumers. Learn how this affects the economy.
Banking regulator proposes easing lending rules for banks
Canada's banking regulator OSFI proposes easing capital rules to free up $1 trillion in lending capacity while maintaining financial stability. New measures target SMEs and real estate.
Intesa Sanpaolo CEO Named European Banker of the Year
Carlo Messina, CEO of Intesa Sanpaolo, has been honoured as European Banker of the Year 2024. Discover how his leadership combines profitability with social impact.
Scotiabank fined $34k for harassing debt calls
Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.
Scotiabank contacted debtor 100+ times: B.C. regulator
A British Columbia regulator resolves complaint after Scotiabank made over 100 contacts with a debtor. Learn about the resolution and banking regulations.
Credit Unions Ready to Challenge Canada's Big Banks
Canadian credit unions are positioning to compete with major banks following new federal budget measures. Michael Hatch discusses the changing financial landscape.
Scotiabank appoints Phil Thomas as new COO
Scotiabank announces major executive restructuring with Phil Thomas taking the COO role. Learn about the leadership changes at Canada's third-largest bank.
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