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Sunday, February 25th, 2024

Ottawa’s spotlight has Manulife rethinking its bank

TARA PERKINS — FINANCIAL SERVICES REPORTER Ottawa’s efforts to rein in the mortgage market are forcing Manulife Financial Corp. (MFC-T11.23-0.14-1.23%) to re-evaluate its fast-growing bank, making it the first financial institution to say that it intends to move toward tighter lending to consumers in response. Manulife Bank, which allows consumers to run all of their banking, such as savings, […]