RBC's takeover of HSBC Canada means less competition on mortgage rates: expert
The finance minister approved the transaction, with conditions
Stay updated with breaking news from Keldon Bester. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The finance minister approved the transaction, with conditions
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.
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 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.
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.