Category: Managing Debt

What Is Debanking? Can Your Canadian Bank Really Close Your Account Without Telling You Why? 

You open your mailbox. There is a letter from your bank. It says your bank account is closing soon. Or even worse, you try to open your banking app and get a message to contact them directly. This is called debanking, and it’s happening to more Canadians than you might think.  What is debanking? Could…