TSX:LB 2 December 2025

Canada Stock Market Today: TSX Rises on Bank Earnings, Laurentian Deal and Income ETFs – December 2, 2025

Canada’s stock market opened higher on Tuesday as investors rotated back into financials after a tech-led pullback, with Bank of Nova Scotia’s stronger‑than‑expected earnings and a C$1.9 billion takeover of Laurentian Bank setting the tone on Bay Street.

2 December 2025

Canada·ETFs·Stock Market·TSX:BNS·TSX:LB

Fairstone to Buy Laurentian Bank in C$1.9 Billion Break-Up Deal as National Bank Takes Retail Business

Laurentian Bank of Canada is set to disappear as a stand‑alone full-service bank after striking a complex break‑up deal that will see Fairstone Bank of Canada acquire the institution for about C$1.9 billion in cash, while National Bank of Canada scoops up its retail and small‑business operations. Bloomberg+2MarketScreener+2

2 December 2025

Canadian Economy·Mergers & Acquisitions·TSX:LB·TSX:NA