e-3853 (Consumer protection)
- Keywords
- Banks and banking
- Fees
Original language of petition: English
Petition to the Government of Canada
- Banks can charge fees for insufficient funds. These fees make difficult financial times ever harder.
- These fees are preying on single parents working multiple jobs, people who have lost their job, and anyone living with low-income or no income.
- People who cannot afford a payment definitely can't afford a fee for insufficient funds.
- Many Canadians are living paycheque-to-paycheque just to make ends meet. These fees add to their struggles and hinder their credit score.
- It's ridiculous that people who can't afford to make a payment are also fined by their own bank institution for not being able to afford said payment.
- Open for signature
- September 1, 2022, at 3:08 p.m. (EDT)
- Closed for signature
- December 30, 2022, at 3:08 p.m. (EDT)