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EQ and PC Financial Merger
December 21, 2025
7:06 am
dentgal
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Any thoughts on this merger?
I don't like EQs rates anymore, trying to force you to have an automatic deposit every month.

December 21, 2025
8:04 am
cgouimet
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dentgal said
Any thoughts on this merger?
I don't like EQs rates anymore, trying to force you to have an automatic deposit every month.  

You might want to look at https://www.highinterestsaving.....financial/

CGO
December 21, 2025
12:53 pm
Norman1
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It is also not really a merger where EQB and PC Bank are joining together to become a bigger player.

EQ Bank is acquiring PC Bank and related companies for their credit card and insurance businesses. Loblaw will be taking out about $500 million of "excess capital and other value" from PC Bank. That's on top of the 7.2 million common shares of EQB that EQB will be issuing to Loblaw.

December 22, 2025
7:28 am
Alexandre
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dentgal said
I don't like EQs rates anymore, trying to force you to have an automatic deposit every month.  

Their 30 days Notice account is 2.75%, same as HISA but without requirement for automatic deposit. If your cash outflow is predictable, you can schedule withdrawals from Notice 30 days account to have funds available when needed.

December 22, 2025
11:15 am
cgouimet
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Alexandre said

Their 30 days Notice account is 2.75%, same as HISA but without requirement for automatic deposit. If your cash outflow is predictable, you can schedule withdrawals from Notice 30 days account to have funds available when needed.  

True but $2k+ payroll/pension to a joint Personal account gets you $300k CDIC covered 2.75% HISA $.

CGO

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