Scotiabank Acquires Maple Financial Group’s Mortgage Business
May 29, 2026
Scotiabank said its 2024 acquisition of Maple Financial Group’s mortgage business is not expected to materially impact earnings in the near term. The deal is intended to expand Scotiabank’s presence in the Canadian mortgage market, with near-term focus on integrating operations and improving customer reach rather than immediate revenue growth.
- Buyers
- Scotiabank
- Targets
- Maple Financial Group’s mortgage business
- Sellers
- Maple Financial Group
- Industry
- Financial Services
- Location
- Canada
- Transaction Type
- Buyout
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