Lower and middle-income consumers are more likely to access the dispute resolution services of Canada's Ombudsman for Banking...
Lower-Income Consumers More Likely to Use Financial Dispute Resolution
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By Issue Area
CIBC Fined $1.2 Million for Violating Credit Card Disclosure Rules
Canada’s financial institutions watchdog fined Canadian Imperial Bank of Commerce (CIBC) $1.225 million because the bank failed...
E-Transfer Scam Hits New Brunswick
Royal Canadian Mounted Police in Tracadie, N.B. are investigating a scam that has defrauded three victims of more than $20,000....
No Surge In Canadians Seeking Credit Counselling – So Far
Government aid packages have prevented a surge in the number of Canadians seeking help from credit counsellors – so far. But...
COVID-19 Changing How Canadians Shop and Pay
Canadians report spending less, shopping less frequently and relying less on cash in survey results released by Payments Canada...
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