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Bank cheques and mortgage reform push in Canadian banking
Canadian readers face a shift away from blank cheques as banks discourage their use to cut handling costs. The Commerce offers blank cheques as an interim measure. A Fort Erie reader seeks relief on a 17 percent mortgage, and a bank official outlines a refinancing offer with upfront interest and fees, arguing the deal is favorable given current rates.
MENTIONED IN THIS ARTICLE
Charlene Richardson
Guelph
Charlene
Cindy Latimer
Fort Erie
TD Bank
Mike Braid
Braid