Comments by "Sam195" (@Sam19509) on "Excess bank fees costing Canadians $7.7B a year" video.

  1. RBC just bought HSBC and they are probably going to rebrand the branches so they can compete in the low fee banking sector with Tangerine owned by Scotiabank, Simpli owned by CIBC, EQ and President’s Choice. Soon low and no fee banks will increase their fees or start charging them.
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  2. I am pretty sure they are talking about the monthly bank fees from the Big 5 to keep a chequing account and all the nsf and mortgage renewal fees.
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  3. I saw a prominent billboard in Scarborough advertising EQ Bank with Eugene Levy and his son. It said get a second chance at opening your first bank account. EQ Bank is a no fee and low fee online bank. I am strongly considering joining it. Same with the Tangerine advertising during Raptors games which promote no fee banking.
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  4. Trudeau never raised personal taxes for most Canadians he just raised the top bracket for the rich and a cut a middle class bracket. The rates for income tax and gst have stayed the same everywhere else since Harper was in office. The carbon rebates pay out more money to 8/10 families and individuals than the carbon tax they pay.
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