Canada's Banks V.S Retirees

Canada’s big banks are being called out by the Canadian Association of Retired Persons (CARP), after an OSC report revealing ‘predatory’ sales practices. #canadianbanks #canadianinvesting #retirementplanningcanada Links: Hidden cameras reveal how big banks are upselling you (Marketplace): https://www.youtube.com/watch?v=htm38oM5WFE OSC and CIRO report highlights sales culture concerns at Canada’s largest bank-affiliated dealers: https://www.osc.ca/en/news-events/news/osc-and-ciro-report-highlights-sales-culture-concerns-canadas-largest-bank-affiliated-dealers CARP Letter to CBA: https://prod-static.carp.ca/uploads/2023/09/CBA-Letter.pdf?_gl=1*19v6fn*_gcl_au*OTQzMzU5NDY0LjE3NjM3NDA4NjU.&_ga=2.30458940.2025823386.1769621245-1438808032.1763740865 CBA Response to CARP: https://www.osc.ca/en/news-events/news/osc-and-ciro-report-highlights-sales-culture-concerns-canadas-largest-bank-affiliated-dealers Canadian Bankers Association Responds to CARP on OSC-CIRO Sales Culture Survey: Banks Not Interested in Fixing Mistreatment of Seniors at Branches, Policy Action Needed: https://www.carp.ca/2026/01/08/canadian-bankers-association-responds-to-carp-on-osc-ciro-sales-culture-survey-banks-not-interested-in-fixing-mistreatment-of-seniors-at-branches-policy-action-needed/ Canada’s big banks have a new enemy: retirees: https://www.theglobeandmail.com/business/commentary/article-big-six-banks-osc-carp-retirees/ Mutual fund sales culture at banks raises red flags for market watchdogs: https://financialpost.com/fp-finance/banking/mutual-fund-sales-culture-banks-raises-osc-red-flags Seniors’ association criticizes big banks for ‘predatory’ sales practices: https://www.theglobeandmail.com/business/article-carp-criticizes-big-banks-predatory-sales-practices/ The Federal Lobbying System: The Lobbying Act and the Lobbyists’ Code of Conduct: https://lop.parl.ca/sites/PublicWebsite/default/en_CA/ResearchPublications/201173E Investment Fees: Don’t let them erode your retirement income: https://www.carp.ca/2024/06/23/investment-fees-dont-let-them-erode-your-retirement-income/ Estimation of Voter Turnout by Age Group and Gender at the 2021 General Election: https://www.elections.ca/content.aspx?dir=rec%2Feval%2Fpes2021%2Fevt&document=p5&lang=e&section=res& 12-Month Lobbying Summary – Consultant: Canadian Association of Retired Persons (CARP) / Karen Moores, Consultant: https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/clntSmmry?clientOrgCorpNumber=373455&sMdKy 12-Month Lobbying Summary - In-house Organization: Canadian Bankers Association/Association des Banquiers Canadiens / Anthony Ostler, President & CEO: https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/clntSmmry?clientOrgCorpNumber=15307 Trudeau says housing needs to retain its value: https://www.theglobeandmail.com/business/article-trudeau-house-prices-affordability/ Canadian Investment Funds Course: https://www.ifse.ca/courselist/canadian-investment-funds-course-cifc/ Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.