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By Staff The Canadian Press Posted September 26, 2024 8:43 am 1 min read Descrease article font size Increase article font size National Bank of Canada says it has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank says it has received the …
Read More »Federal probe angers one of Canada’s largest mortgage broker networks
The company that operates one of Canada’s largest networks of residential mortgage brokerage firms is under federal investigation amid allegations it has adopted anti-competitive business practices to thwart an emerging rival. The Competition Bureau is investigating Dominion Lending Centres Inc. (DLC), a company whose franchise network includes 7,981 brokers working in 10 provinces through 544 franchises. Collectively, DLC brokers helped Canadians get $140 billion in home loans in 2021 and 2022. In an interview, Dominion Lending …
Read More »Competition policy becoming a ‘kitchen-table issue’ for Canadians amid inflation – National
As Canadians grow more concerned about rising inflation, competition across different sectors of the economy has become a “kitchen-table issue” at a time when the federal government is reviewing its competition law. The country’s two largest newspaper chains, Postmedia and the owners of the Toronto Star, recently confirmed talks about …
Read More »Contractor association complaint against Ottawa Hospital cites ‘restrictive’ deal – Ottawa
A group representing construction workers wants the federal Competition Bureau to investigate the Ottawa Hospital’s agreement with a labour group to build the new $2.8-billion Civic campus. In January, the Ottawa Hospital announced it had signed a “historic” agreement with the Unionized Building and Construction Trades of Eastern Ontario and …
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