The Competition Bureau is one of three regulatory agencies that must approve the deal, in addition to the CRTC and Innovation, Science and Economic Development Canada.
Fed chair Jerome Powell said Wednesday that the central bank could soon start slowing its rate increases, reaffirming expectations that the end of the cycle is near.
Royal Bank of Canada said Wednesday it will now pay a quarterly dividend of $1.32 per share, an increase of four cents.
Scotiabank's Q4 earnings showed growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.
The S&P/TSX composite index was up 17.18 points at 20,237.67.
Global banking giant HSBC Holdings Plc said earlier this year that it was reviewing strategic options for its Canadian subsidiary including the possible sale of the operations.
Statistics Canada says the Canadian economy grew 0.7 per cent from quarter-to-quarter and was up 2.9 per cent on an annualized basis.
Re/Max Canada's 2023 housing outlook shows cities such as Calgary and Halifax are set to see price growth, while major Ontario and B.C. markets are due for declines.
The S&P/TSX composite index was down 163.28 points at 20,220.49.
Stocks fell in afternoon trading on Wall Street Monday as protests spread in China calling for President Xi Jinping to step down amid growing anger over COVID-19 restrictions.