Bank Accountability Campaign 2006 to 2008

Bank Accountability Campaign 2006 to 2008

Advocating for stronger, more effectively enforced accountability measures for Canada's big banks and other financial institutions

Back to Bank Accountability Campaign main page

Action Alert

Democracy Watch has produced the following documents in its Bank Accountability Campaign
(in reverse chronological order)

Please also view the Canadian Community Reinvestment Coalition (CCRC) website. The CCRC was organized and is coordinated by Democracy Watch and its partner organization, the Democracy Education Network. The CCRC was launched in December 1996, and since then Democracy Watch has done almost all of its bank accountability work in conjunction with the CCRC.

NEWS RELEASE: Scrooge Banks Will Gouge Canadians and Cut Services to Recover Their $16 Billion in Losses and Writedowns Unless Federal Government Finally Audits Charges, Interest Rates, Lending Records and Competition Levels -- New Financial Consumer Watchdog Groups Needed to Watch Banks and Investment Industry (December 16, 2008 - NOTE: Link will take you to the website of the Canadian Community Reinvestment Coalition (CCRC) which Democracy Watch coordinates))
LETTER-TO-THE-EDITOR: Federal Conservatives and Liberals do nothing to prevent gouging of Canadians by big businesses over past 20 years (July 11, 2008)
WEBSITE ARTICLE: If Conservative Federal Finance Minister Jim Flaherty Doesn’t Act Now, Big Banks Will Recoup Their $2 Billion in Losses By Increasing Gouging, Cutting Loans to Creditworthy Businesses, and Continuing Excessively Risky Investing (London Free Press and 5 other Sunmedia newspapers across Canada publishing Linda Leatherdale's "Money" column about the Canadian Community Reinvestment Coalition (CCRC -- a coalition coordinated by Democracy Watch) December 6, 2007 news release -- To see the column, click here)
NEWS RELEASE: Democracy Watch Proud To Have Played Small Part in Charter of Rights History -- Canada Also Needs A Charter of Government and Corporate Accountability and Democracy (April 16, 2007)
WEBSITE ARTICLE: Banks likely gouging customers with many excessive charges -- will federal Finance Minister Jim Flaherty just talk the same old talk or will he do something to end the gouging? (Toronto Sun, January 28, 2007) - To see more details, click here to view the Canadian Community Reinvestment Coalition's (CCRC) news release (NOTE: The CCRC is coordinated by Democracy Watch)
WEBSITE INTERVIEW: Federal Finance Minister Jim Flaherty must require banks to prove, through an independent audit, that all service charges are fair (CBC TV's The National", January 25, 2007 -- To see the interview with Duff Conacher, click on the link to the video on the right-hand side of the webpage this link takes you to)
NEWS RELEASE: Federal Conservatives Fail in Bill C-37 To Require Banks To Prove Their Record $19 Billion Profits Are Based on Fair Prices and Service, and Responsible Lending and Investing, and Also Fail to Ensure Bank Mergers and Takeovers Are in the Public Interest (December 14, 2006 -- NOTE: link goes to webpage of the Canadian Community Reinvestment Coalition (CCRC), the bank accountability coalition coordinated by Democracy Watch)
WEBSITE ARTICLE: Bank mergers in Canada will create mega-banks that provide worse service, reduce choices for borrowers, and are less efficient (CBC.ca website, December 11, 2006)
REPORT CARD: Federal NDP Has Best Corporate Responsibility Platform, Greens and Bloc Not Too Far Behind, Conservative and Liberal Grades Much Worse -- Many Key Gaps in All Parties' Platforms . . . (January 19, 2006)

Bank Accountability Campaign 1994 to 2005

Page last updated October 15, 2011

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