Banks Profit $1,500 per Canadian!

Episode 148 of the Make Money Count podcast, hosted by Cannect Inc., titled "Banks Profit $1,500 per Canadian!" was published on June 30, 2025 and runs 12 minutes.

June 30, 2025 ·12m · Make Money Count

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Summary

Your bank is making THOUSANDS off of you every year, and you probably don’t even know it. In this episode of Make Money Count, Marcus & Justin break down how Canadian banks use Net Interest Margins (NIMs), penalties, and hidden fees to quietly pull $60+ billion in profit from everyday Canadians like you. This episode pulls back the curtain on the banking industry and gives you the tools to fight back. Don't let your bank take advantage of you. 📞 If you're thinking of renewing or refinancing, talk to Cannect first: https://cannect.ca

Episode Description

Your bank is making THOUSANDS off of you every year, and you probably don’t even know it.

In this episode of Make Money Count, Marcus & Justin break down how Canadian banks use Net Interest Margins (NIMs), penalties, and hidden fees to quietly pull $60+ billion in profit from everyday Canadians like you.

This episode pulls back the curtain on the banking industry and gives you the tools to fight back.

Don't let your bank take advantage of you.

📞 If you're thinking of renewing or refinancing, talk to Cannect first: https://cannect.ca

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