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RBC's takeover of HSBC Canada means less competition on mortgage rates: expert - Vimarsana News

RBC's takeover of HSBC Canada means less competition on mortgage rates: expert

The finance minister approved the transaction, with conditions

HSBC expects deal with RBC to close in early 2024 - Vimarsana News

HSBC expects deal with RBC to close in early 2024

The rubber stamped sale of HSBC's Canadian operations to RBC will lessen competition on mortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in Canada.

Source: ctvnews.ca
RBC's takeover of HSBC Canada means less competition on mortgage rates: expert - Vimarsana News

RBC's takeover of HSBC Canada means less competition on mortgage rates: expert

The rubberstamped sale of HSBC's Canadian operations to RBC will lessen competition onmortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in Canada.

Pressure mounting on Liberals to block HSBC-RBC merger - Vimarsana News

Pressure mounting on Liberals to block HSBC-RBC merger

Pressure is mounting on the Liberal government to block a proposed merger between the Royal Bank of Canada and British bank HSBC, with some civil society and environmental groups insisting the merger is bad for everyone.

Source: cbc.ca
From groceries to flights to data plans: Why is Canada so expensive? - Vimarsana News

From groceries to flights to data plans: Why is Canada so expensive?

Things like competition, regulation and taxes all influence how much Canadians pay for common goods and services. Here’s why our cost of living is so high.