EQ Bank PC Financial Deal: Bank to Acquire PC Financial in $800-Million Agreement
On December 3, 2025, we saw a major shake‑up in Canadian banking. EQB Inc., parent company of EQ Bank, announced it will acquire PC Financial from Loblaw Companies Limited in a deal worth roughly C$800 million. This deal is not just another bank sale. It brings together EQ Bank’s digital banking platform with PC Financial’s retail‑banking…