National Bank of Canada to expand its offering to Canadian families with the acquisition of Embark Student Corp.

Financial Post · PR Newswire · 2026-11-06 13:18 UTC

This acquisition marks an important step for National Bank and Embark, strengthening digital capabilities and expanding access to education savings

This acquisition marks an important step for National Bank and Embark, strengthening digital capabilities and expanding access to education savings solutions for families across Canada.

MONTREAL, Nov. 6, 2026 /CNW/ — National Bank of Canada (“the Bank”) today announced that it has entered into a definitive agreement to acquire Embark Student Corp. (“Embark”), a Canadian digital education savings and planning company, which manages Registered Education Savings Plans (“RESP”) for approximately 436,000 beneficiaries across the country.

This announcement reflects a commitment to supporting family financial planning, helping Canadians better save for their child’s future through trusted, high-quality RESP services, intuitive digital tools and expert advice.

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