ACTION ALERT: CLC Asks Banks to Lower Interest Rates

Join the Canadian Labour Congress’ campaign asking big banks and credit card companies to lower interest rates. 

Canadians pay some of the highest rates in the entire world, often at about 20% or higher, giving banks billions in profit every year. The Bank of Canada reduced its lending rate to the big banks to a historically low level to help people cope with financial difficulties during COVID-19. But most of the big banks and credit card companies didn't pass those savings on to average Canadians. Add your name to this campaign to demand they do the right thing now.