CHECK YOUR BANK STATEMENT TODAY! $48 Fee For Being Broke? Not Anymore!

Tap The Maple · Mar 12, 2026 · 24m

Canadian banks were charging people up to $48 in NSF fees just for being short on a payment, even when they were already struggling. Now, a new federal rule has capped those fees at $10, limited repeat charges, and blocked fees on very small shortfalls.In this episode of Tap the Maple, we break down what changed, who actually deserves credit, and why this was not a Mark Carney policy. This was a Trudeau-era hangover measure pushed by years of advocacy, especially from ACORN, and even they say it still doesn’t go far enough.We also compare Canada’s old bank fees to what’s happening in places…