Examples of HSBC Canada in a sentence
The loan bears interest at HSBC Canada prime rate for commercial loans in Canadian dollars plus three percent, per annum.
The consent of HSBC Canada and Bank of Montreal is required pursuant to the Credit Agreement dated November 6, 2007, as amended from time to time, between HSBC Canada and Bank of Montreal, as lenders, the Seller, as borrower, and the Corporation, CAD Railway Properties Inc.
The Group has placed $1.15m on deposit with HSBC Canada as security for its loan facility.
A landfill of this sizecould be a major source, and, if so,would need to apply for a permit.
The profit after tax for HSBC Canada for the financial years ended 31 December 2020 and 31 December 2021 was US$0.23bn and US$0.57bn respectively, converted at the prevailing exchange rates of the respective periods.
Under the terms of the Agreement, the HSBC Group will retain control of HSBC Canada until completion and continue to make all the ordinary course of business decisions, subject to certain consent rights held by the Purchaser, therefore the results, assets and liabilities of HSBC Canada will continue to be reported in the Company’s consolidated financial statements between the 30 June 2022 net asset reference date and completion of the Transaction.
The service provider shall ensure that its personnel should maintain discipline, punctuality and office decorum.
The financial terms and aggregate contemplated consideration of the Transaction were arrived at after arm's length negotiations and having taken into account the value of the component elements of HSBC Canada and the reasons for the sale set out below.
HSBC Canada generated US$1.51bn and US$1.77bn of revenues, incurred US$0.96bn and US$1.04bn of operating expenses, and recognised a US$0.24bn and US$(0.04)bn charge/(release) for expected credit losses, during the financial years ended 31 December 2020, and 2021, respectively.
As at 31 December 2021, HSBC Canada reported RWAs (on a PRA basis) of US$30.3bn.