Banking

• How Budget 2025 could change how you bank, from fees to cryptocurrency

  The federal budget unveiled Tuesday proposes several reviews and reforms targeting the ways Canadians bank, in an effort to modernize the banking system.

  Canada

  Nov 4
  
• Trump alleges U.S. banks discriminate against conservatives, orders probe

  The executive order deals with an issue known as 'debanking,' which is when banks close accounts of individuals or declines to go into business with certain industries.

  U.S. News

  Aug 7
  
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• Ottawa plans to introduce bill for open banking, department says

  Open banking is about allowing Canadians and businesses to securely share their financial data with third parties other than their banks.

  Canada

  Jun 17
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• Canada Post strike could delay bank card deliveries. What you can do

  Several of Canada's banks are encouraging people to sign up for banking online during the Canada Post strike, but those waiting on a new card may have to visit a branch to get it.

  Canada

  Nov 18, 2024
• Have a complaint with your bank? One agency will now handle them all

  Canadians who need to make a complaint about a banking issue, such as fraud, can now go to a single agency — but only if they've dealt with the bank first.

  Canada

  Nov 1, 2024
• Scotiabank resolves ‘technical issue’ that left customers without paycheques

  In a statement to Global News, a spokesperson for Scotiabank said that "any fees incurred as a result of this error will be refunded."

  Canada

  Jul 26, 2024
• A long-awaited change to Canadian banking is coming. What to know

  Change is in the works that will give Canadian consumers and businesses significantly more control over their financial data, in what’s known as open banking. 

  Money

  Mar 10, 2024
• Canada’s banking regulator lays out final guidelines on protecting against foreign interference

  The formalized expectations cover everything from ensuring the "good character" of board members to managing who has access to buildings, servers and other key infrastructure.

  Canada

  Jan 31, 2024
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• Desjardins to axe 30% of service centres, ATMs in next 3 years

  Desjardins says that by the end of last year its 669 service counters accounted for just one per cent of transaction volume, while its 1,559 ATMs accounted for three per cent.

  Money

  Jan 31, 2024
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• Federal probe angers one of Canada’s largest mortgage broker networks 

  The Competition Bureau is investigating Dominion Lending Centres Inc. , a company whose franchise network includes 7,981 brokers working in 10 provinces through 544 franchises.

  Investigations

  Sep 19, 2023