Canadians trust they're getting good financial advice from their banks — especially in these tough financial times. But a hidden camera investigation by Mark...

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.

  • Avid Amoeba@lemmy.caOP
    6·
    8 months ago

    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.

    • sbv@sh.itjust.worksEnglish
      3·
      8 months 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.