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Scotiabank announces sale of equity interest in Canadian Tire Financial Services

Newswire.ca - Tue Oct 31, 2023

TORONTO, Oct. 31, 2023 /CNW/ - Scotiabank announces today that it has signed and closed the sale of its 20% equity interest in Canadian Tire Financial Services (CTFS) to Canadian Tire Corporation. Scotiabank will continue to provide a committed credit facility of $1.1 billion to CTFS for the next 18 months.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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