Canadians Demand Interest and Debt Relief from Banks During COVID-19

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With the current and impending economic impact of COVID-19, Canadians are facing unprecedented fear and chaos regarding their financial security. 

For decades, Canadian banks have profited obscenely from working class and middle class Canadians. As an example, RBC reported $12.9 billion in profits for 2019. This is only one of the big five. 

It is time for Canadian banks to return the favour to those who pad their coffers year in year out. 

We demand that the Government of Canada and Bank of Canada impose strict controls on Canadian banks immediately, thereby enforcing debt and interest relief, mortgage holidays and other measures to protect the financial security of Canadians during this time of uncertainty.