FCAC finds fee structures hide true costs, affecting affordability and competition

On October 23, 2026, the Government of Canada's FCAC found that bank fees are hard to see and compare, affecting affordability for consumers.

IRCNews desk October 23, 2026 1 min read

On October 23, 2026, the Government of Canada's FCAC found that bank fees are hard to see and compare, affecting affordability for consumers.

A federal review flags hard-to-see bank fees that can add up. Newcomers, students, workers, families and employers across Canada may benefit from clearer comparisons and more predictable costs.

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Data and statistics: Canada-wide totals
Topics: economy

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FCAC finds fee structures hide true costs, affecting affordability and competition

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