HospitalityMergers & Acquisitions

Knightstone Acquires Sheraton Gateway Hotel in Toronto International Airport from Marriott

Hotel to undergo extensive renovations MISSISSAUGA, ON–Knightstone Capital Management Inc., through an affiliated entity, have acquired the Sheraton Gateway Hotel in Toronto International Airport from an affiliate of Marriott International Inc. for approximately $130 million CAD. The Sheraton Gateway Hotel is located within Terminal 3 of the Toronto Pearson International …

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IssuersLeadership

Amex Bank of Canada appoints Lisa Kalhans as new Country Manager & CEO

TORONTO, ON—American Express has named Lisa Kalhans as President & CEO of Amex Bank of Canada and Amex Canada Inc. With a proven history of outstanding leadership and a reputation for building high-performing teams, Ms. Kalhans will directly lead marketing, customer acquisition and product development for the consumer payments business. …

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Associations

Robert Half and Protiviti Announce Strategic Partnership with FEI Canada

Advance Collaboration, Engagement Within Canadian Finance Community TORONTO, ON–Global staffing firm Robert Half and its consulting subsidiary, Protiviti, announced today a new business alliance with Financial Executives International Canada (FEI Canada) intended to support Canadian finance leaders and their organizations as National Strategic Principal Partners. Through shared thought leadership, closer …

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AssociationsLeadershipPayments

PayTechs of Canada Names First Executive Director

Doug Kreviazuk to lead Canadian paytech industry association, promoting competition, innovation and greater choice in payment-related services OTTAWA, ON–PayTechs of Canada, the association advancing the interests of the national paytech community, today announced it has hired Doug Kreviazuk as its first executive director. Doug is a twenty-year veteran of the …

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Business BankingFinancial ResultsIndustry News

Desjardins Group records surplus earnings of $570 million for the third quarter

$106 million returned to members and the community LÉVIS, QC–For the quarter ended September 30, 2019, Desjardins Group, Canada’s leading financial cooperative group, recorded surplus earnings before member dividends of $570 million, unchanged from the same quarter of 2018. These results were driven by a strong performance in the caisse …

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Industry NewsIntegrated Payments

Sezzle, ‘Buy Now, Pay Later’ Payments Innovator, Invests in Canadian Marketplace

Sezzle will add payments, technology industry veteran Patrick Chan as General Manager for Canada, opening Toronto headquarters to serve the Canadian market MINNEAPOLIS and TORONTO, ON–Sezzle Inc., the highest consumer-rated interest-free installment payment solution, today announced a number of key investments aimed at positioning the company as the premier ‘buy …

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AIBusiness BankingEducation

Scotiabank Launches First Trusted Data & AI for Canadian Business Certification

TORONTO, ON–Scotiabank launched the first Trusted Data & AI for Canadian Business certification in Canada. In collaboration with Smith School of Business at Queen’s University, and the IEEE, the world’s largest technical professional organization advancing technology for humanity, the program is designed specifically for Scotiabank employees to develop foundational knowledge …

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AIBusiness Borrowing & Lending

LendingArch incorporates Artificial Intelligence

LendingArch incorporates Artificial Intelligence to aid in customer service and business management CALGARY, AB–LendingArch, Canada’s fastest growing rate comparison platform, announced today the investment into Artificial Intelligence to boost its productivity, efficiency and aid in the scalability of its business operations in North America. “We stay in touch with market …

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Consumer BankingIntegrated Payments

BMO’s automated, digital solution to put customers in control of bill payments

A Canadian banking first: solution speeds up the bill payment process, helps eliminate late bill payments TORONTO, ON–BMO QuickPay is a new automated way for customers to pay their bills without needing to log into online or mobile banking. BMO QuickPay provides everyday banking customers with a frictionless way to …

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E-commerceGifts & Rewards

Keg Steakhouse + Bar partners with Blackhawk Network for Gift Card eCommerce Solutions

Canadian-owned chain selects Blackhawk for its award-winning B2B and B2C eCommerce Solution TORONTO, ON–The Keg Steakhouse + Bar has partnered with branded payments provider Blackhawk Network Canada to lead the chain’s digital gift card sales with its gift card ecommerce solution. Blackhawk’s end-to-end platform and managed services will help grow …

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