Hello,

We hope all is well with you and yours, and thank you for signing the bank accountability petition at: https://www.change.org/p/make-canada-s-big-banks-help-during-coronavirus-and-after.

Unfortunately, the federal government has still not made key changes to stop gouging and abuses by Canada's Big Banks.  

Canada’s Big 6 Banks gouged out more than $51 billion in profits in 2023 ($30 billion more than in 2010), paid their CEOs an average of $12.3 million each, and gave out almost $24 billion in total bonuses to employees.  The Big Bank CEOs and employees were given these huge salaries and bonuses even though customer complaints about bank interest rates, fees and poor service are increasing, especially about credit card interest rates and fees and banks failing to protect customers from online fraudulent withdrawals from their accounts.

In 2024, with your support, Democracy Watch won one key bank accountability measure partially implementing Trudeau Liberal 2021 election promises to, as of November 1st, ensure independent rulings on banking complaints (click here to see CTV News video and article about this change, featuring DWatch). But Democracy Watch’s campaign needs your support to win in 2025 key measures implementing the Liberals’ other promised changes to stop all gouging and abuse by Canada’s big banks.

We really need your help now to win key changes to stop all bank gouging and abuses as the government reviews banking laws through 2025.  Please click here now to support Democracy Watch's Bank Accountability Campaign and your donation will be matched and doubled (you can even receive a tax credit for your donation).

The Big Banks spend tens of millions of dollars each year lobbying to protect their high profits and their multi-million dollar executive salaries and bonuses.  They have these tens of millions of dollars to spend because they gouge it out of your pocket through excessively high interest rates and banking fees.

Without your support, we won't have the resources needed to counter the Big Bank lobby and win changes to protect you and your family from being gouged and abused.

Please also click here now to send your letter now to the Finance Minister and all federal political party leaders and key MPs on the House and Senate finance committees calling for key changes to stop the gouging and abuse.  They are reviewing the banking laws in 2025 and need to be pushed to finally make these much-needed changes.

So far, despite the Liberals making 5 bank accountability promises in their 2021 election platform, they have done very little, and nothing effective, to require the banks to give everyone who needs it a real break, and to ensure the banks stop gouging and treating their customers unfairly.  

Many changes are needed to ensure Canada’s Big Banks are required to serve everyone fairly and well at fair interest rates and fees.  See details in Democracy Watch's recent news release.

Please click here now to help keep the Bank Accountability Campaign going to win key changes to stop big bank gouging and abuses.

Even $5-10 a month will help win protections for you and your family, and you can even get a tax credit for your donation.

All together we can stop Big Bank gouging and abuses!

Thank you for your ongoing support!

Take care and we wish you the best in 2025,

Duff, Brad, Josephine and the entire Democracy Watch team