EQ Bank carves out more market share with $800-million PC Financial purchase

Equitable Bank parent company EQB is buying PC Financial from Loblaw, bringing two banking challengers together in what appears to be a bid to better take on Canada’s Big Five banks.

The Canadian Anti-Monopoly Project is a think tank dedicated to addressing the issue of monopoly power in Canada. CAMP produces research and advocates for policy proposals to make Canada’s economy more fair, free, and democratic.

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