Wealthsimple Says Ottawa Is Finally Banning the Fee to Leave Your Bank
Canadians have paid $73 million CAD in fees this year alone to move their savings to Wealthsimple, according to Michael Katchen, head of Wealthsimple, who said that the federal government has moved to ban exit fees at federally regulated banks. Katchen said the move is a step toward fulfilling a promise in Budget 2025 to...
