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National Post
National Post
1 Nov 2024


NextImg:Ivison: Shots fired — the Conservatives warn bankers their transaction fees are too high

A Conservative government is likely to take aim at the banking sector to reduce fees and increase competition, said Michelle Rempel Garner in conversation with John Ivison.

Rempel Garner and her colleague Adam Chambers raised the issue of e-transfer fees at a parliamentary committee this week, which has since passed a motion calling for the Competition Bureau to look into a situation where banks are making large profits from high fees and possibly using their dominant market position to restrict competition.