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Equitable Bank has agreed to buy President's Choice Bank for about $800

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Econ Works
December 05, 2025

EQB Inc. will acquire President's Choice Bank, PC® Financial Insurance Agency Inc., PC® Financial Insurance Brokers Inc., and other affiliated entities from Loblaw Companies Limited for about $800 million in stock and cash. EQB Inc. primarily operates through its wholly owned subsidiary, Equitable Bank.