A Canadian payment giant is being sold to U.S. private equity. Is your digital privacy at risk? | Page 897 | Unpublished
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Source Feed: CBC News - Canada
Publication Date: August 14, 2026 - 04:00

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A Canadian payment giant is being sold to U.S. private equity. Is your digital privacy at risk?

August 14, 2026

Royal Bank of Canada and Bank of Montreal are selling payment processor Moneris Solutions Corp. to San Francisco-based investment firm Francisco Partners. Some analysts are raising concerns around what the deal means for Canada's digital sovereignty amid the country's trade war with the U.S.

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