Banks Must Resolve Complaints in 56 Days

Banks in Canada now face a strict 56-day deadline to resolve your complaints — and they can’t pause or stall that clock. The FCAC’s new rules demand banks send a clear “Notice of Final Decision” if they can’t fix things, plus give you a path to escalate to an external body. This isn’t just about speed — it’s about accountability, requiring banks to have solid policies and offer fair compensation when they mess up. The Bank Act already sets some standards, but these updates make it crystal clear: banks must act fast, communicate plainly, and stop dragging their feet. Your voice matters — and your problems won’t be ignored indefinitely. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e379d1b6290c8b6e