Freeland approves RBC's $13.5B takeover of HSBC Canada with conditions

Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition.

Freeland approves RBC's $13.5B takeover of HSBC Canada with conditions
A woman uses an ATM machine.

Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition.