Banking the Grocery Aisle: Why EQ Bank’s PC Financial Deal Signals a New Era in Canadian Retail Finance
by Richard Schenker EQ Bank’s acquisition of PC Financial marks one of the most strategically significant shifts in Canadian consumer finance in recent memory. The transaction is valued at roughly $800 million through a mix of cash and equity, transfers PC Financial’s credit-card portfolio, banking services, and insurance distribution operations …
EQB redefines challenger banking in Canada with agreement to acquire PC Financial from Loblaw
Creates one of Canada’s largest loyalty-linked banking ecosystems with significant benefits for millions of Canadians; Expands the benefits of PC Optimum™ and will offer more ways for Canadians to earn rewards on their everyday banking TORONTO, ON–EQB Inc.and Loblaw Companies Limited have entered into a definitive agreement for EQB to …
BMO, Walmart Canada Team Up on Shopping Services
New BMO clients can receive up to 12 months of Walmart Canada’s subscription program, Delivery Pass, at no cost TORONTO, ON–BMO formed a new strategic collaboration with Walmart Canada to bring greater value and flexibility to Canadians by delivering convenient access to unlimited, free same-day delivery on groceries and everyday …
Bell Canada-backed Ateko acquires SDK Tek, bolstering AI capabilities
By integrating deep data expertise, this acquisition directly addresses the increasing demand from businesses and governments for advanced AI and analytics MONTRÉAL, QC–Ateko has acquired SDK Tek Services Ltd.(SDK), a highly respected Calgary-headquartered data engineering and analytics integrator. This acquisition supports Bell’s strategic priority to lead in enterprise with AI-powered …
AI Is Mainstream, But Document Infrastructure Is Failing to Keep Up, Apryse Global Survey Reveals
New global survey reveals 64.5% of enterprises have AI in production, yet only 38.1% rate their document data as “excellent,” exposing a critical gap in AI readiness VANCOUVER, BC–Apryse, the document-to-data foundation powering intelligent automation, today released findings from its global survey on AI adoption and document infrastructure. The results …
Frictionless Growth: An Interview with Ryan Hamilton
Ryan Hamilton is an Associate Professor of Marketing at Emory University and co-author of the book “The Growth Dilemma” By Stephen Shaw For most mature brands today, the growth playbook looks pretty much identical: find potential first-time buyers who look like the customers you already have amongst the pool of …
Instacart Forms Nationwide Partnership with The Home Depot Canada
Same-day delivery partnership gives Canadians fast access to home improvement essentials–at the low prices they trust in-store TORONTO and SAN FRANCISCO–Instacart announced a new partnership with The Home Depot Canada, the country’s leading home improvement retailer, to offer same-day delivery in as fast as an hour from over 175 stores …
KITS Eyecare Expands Retail Footprint with Toronto Store
Expanding Omni-Channel Vision to Canada’s Largest City VANCOUVER, BC–Kits Eyecare Ltd. a leading vertically integrated eyecare provider, is pleased to announce plans to expand into its second retail location, expected to open in Toronto in Q1 2026. The space, located on Queen Street West, represents the Company’s second retail showroom …
Staples Canada Opens New Brand-Defining Store with Enhanced Retail Experience, Product Assortment
New Store Format in Burlington Features Hundreds of New Products, Refreshed Merchandising Strategy, and Enhanced Print and Shipping Services Experience RICHMOND HILL, ON–Staples Canada, The Working and Learning Company, is redefining its retail experience with the opening of a new, brand-defining store in Burlington, Ontario that brings the company’s EASY …
Canada invests in 23 Canadian creative companies to help them reach global success
Member of Parliament Chi Nguyen meets with Toronto-based funding recipients of the Creative Export Canada Program TORONTO, ON–At a time when Canada is facing rapid changes and uncertainty, and as the trading system that powered our country’s prosperity for decades is being reshaped, the Government of Canada is choosing to …