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Canadian banks squeeze customers with heavy service charges
L J Laforet, an Ontario accountant, cashes a US cheque and faces 9.57 in US dollars due to fees, exchange, and charges. The piece attacks large banks for rising service charges, high loan losses, and income from fees. It highlights TD and other banks, asks why Canadians bear the costs, and cautions against banker double standards.
MENTIONED IN THIS ARTICLE
L.J. Laforet
Bramalea, Ontario
U.S
Laforet
CIBC
Toronto Dominion
Compadres
VISA
Mexico
Brazil
Venezuela
Argentina
TD Bank
Turkey