Banking
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Non-sufficient funds fees are now being limited to $10 under new rulesThe changes were announced by Ottawa last year and kicked in on Thursday, also prohibit banks from charging more than one NSF fee in two business days for the same deposit account.MoneyMar 12
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How Budget 2025 could change how you bank, from fees to cryptocurrencyThe federal budget unveiled Tuesday proposes several reviews and reforms targeting the ways Canadians bank, in an effort to modernize the banking system.CanadaNov 4, 2025
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Trump alleges U.S. banks discriminate against conservatives, orders probeThe 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. NewsAug 7, 2025
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Ottawa plans to introduce bill for open banking, department saysOpen banking is about allowing Canadians and businesses to securely share their financial data with third parties other than their banks.CanadaJun 17, 2025
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Canada Post strike could delay bank card deliveries. What you can doSeveral 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.CanadaNov 18, 2024
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Have a complaint with your bank? One agency will now handle them allCanadians 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.CanadaNov 1, 2024
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Scotiabank resolves ‘technical issue’ that left customers without paychequesIn a statement to Global News, a spokesperson for Scotiabank said that "any fees incurred as a result of this error will be refunded."CanadaJul 26, 2024
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A long-awaited change to Canadian banking is coming. What to knowChange 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.MoneyMar 10, 2024
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Canada’s banking regulator lays out final guidelines on protecting against foreign interferenceThe formalized expectations cover everything from ensuring the "good character" of board members to managing who has access to buildings, servers and other key infrastructure.CanadaJan 31, 2024
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Desjardins to axe 30% of service centres, ATMs in next 3 yearsDesjardins 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.MoneyJan 31, 2024
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