this post was submitted on 16 Mar 2024
71 points (98.6% liked)

Canada

9621 readers
1233 users here now

What's going on Canada?

Related Communities

🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.

🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer

💻 Schools / Universities

Sorted by province, then by total full-time enrolment.

💵 Finance, Shopping, Sales

🗣️ Politics

🍁 Social / Culture

Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca

founded 4 years ago
MODERATORS
otter
mp3
otters_raft
71
Hidden cameras reveal how big banks are upselling you (Marketplace) (youtube.com)
submitted 1 year ago* (last edited 1 year ago) by avidamoeba to c/canada
10 comments fedilink hide all child comments
 

I'm not old enough to know, have Canadian banks been less profit driven and corrupt in the decades past?

I've seen none of this from the credit union I switched to a few years ago.

Also that was a pretty shitty look for the finance minister dodging the CBC. She could've stopped and spared a few words, even if just lip service. Perhaps as a finance minister, she's got the Big 5 permanently in one of her ears.

you are viewing a single comment's thread
view the rest of the comments
[–] avidamoeba 6 points 1 year ago* (last edited 1 year ago) (1 children)

There are undoubtedly better and worse credit unions.

What if the advisor you get from Scotia is just a sales person with really poor understanding of the products they sell and not your interest in mind? You should see some of the staggering examples of incompetence shown by advisors in the report.

[–] [email protected] 3 points 1 year ago

What if the advisor you get from Scotia is just a sales person with really poor understanding of the products they sell and not your interest in mind?

I'd expect everyone with a sales job in banking to fit that profile. Even if they're at a credit union, I wouldn't trust them to know much or have my best interests at heart.