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Canadian Tire to keep 100% ownership of financial services business after review

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Canadian Tire Corp. Ltd., says it has finished a review of strategic alternatives for its financial services business and decided it will keep 100 per cent ownership of the bank.

The Canadian PressChhad Aul, chief investment officer and head of multi-asset solutions at SLGI Asset Management Inc., joins BNN Bloomberg to discuss central banks' path going fo

The retailer says it explored options with a range of interested groups, including several of Canada’s leading financial services companies. Canadian Tire chief executive Greg Hicks says the review helped the retailer gain insights that will make it an even better bank owner.

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Canadian Tire to keep 100% ownership of financial services business after reviewTORONTO — Canadian Tire Corp. Ltd., says it has finished a review of strategic alternatives for its financial services business and decided it will keep 100 per cent ownership of the bank.
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