Audrey Williams was more than a little miffed to learn that fees at TD Bank are going up on June 1. The banks tell Go Public that the increases were made after careful consideration and that other options are available to customers. (Martin Trainor/CBC)A spokesperson for CIBC said in a statement that the bank's fees "are among the lowest of the major Canadian banks" and that someone from CIBC has contacted Gerl to discuss ways to help him avoid fees. "The banks can look back and see that finance minister after finance minister has protected the gouging ... that banks do to millions of Canadians," he said. In the meantime, the finance minister could speak to the banks, says Ken Whitehurst, executive director of the Consumers Council of Canada.

Source: CBC News May 24, 2021 08:01 UTC