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Canadians weigh service charges and push for bank reform
Readers flooded the House of Commons finance committee prompting public hearings on bank service charges that raked in nearly $1 billion for Fat Five banks last year. The committee weighs disclosures and no-fee accounts while ministers hint at possible rollback and stronger consumer protections amid posturing by banks and Tory members. Emmanuel Starkman pressures the Bank of Commerce as the saga continues.
MENTIONED IN THIS ARTICLE
House of Commons Finance Committee
The
Royal
Bank of Montreal
Toronto
Canadian Bankers’ Association
Ottawa
Don Blenkarn
Harvie Andre
Pols
Feds
Andre
Blenkarn & Co
Emmanuel Starkman
Bank of Commerce