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Olympia Financial Group Inc. to Acquire Investment Accounts from Canadian Western Trust Company

Olympia Financial Group Inc. to Acquire Investment Accounts from Canadian Western Trust Company

12/03/24, 12:09 AM
Industry
banking
lending
finance
financial services
Olympia Financial Group Inc. (TSX: OLY) has announced the acquisition of approximately 3,400 self-directed non-registered and registered plan investment accounts from Canadian Western Trust Company for $1.7 million in cash. The transaction is anticipated to be completed on January 1, 2025.

Company Info

Company
Olympia Financial Group
Company info
Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts, provides foreign currency exchange services and Corporate and Shareholder services. Olympia also offers private health services plans through its subsidiary Olympia Benefits Inc. and provides information technology services to exempt market dealers, registrants and issuers through its Exempt Edge division. Olympia’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.