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In the News

Last modified: 14 September 2015

Below you'll find a selection of recent media coverage of the CBA and our industry. All articles appear in the language in which they were published.

To read media releases issued by the CBA, please see News Releases.

2015
August 2015 Calgary Herald: Financial literacy gets a boost in Calgary schools 
This story about financial literacy resources for schools includes comments from an educator about the CBA’s Your Money Students seminar program.
June 2015 Toronto Star: Protect your credit cards as if they were cash, experts warn 
This article from the Toronto Star provides tip on how to avoid credit card fraud.
2014
December 2014 Hamilton Spectator: A digital revolution 
This opinion editorial by CBA President Terry Campbell uses banking data and poll results to analyze how technology is changing the way Canadians bank.
November 2014 National NewsWatch -- Financial Literacy Month ends and the real challenge begins 
This opinion editorial by CBA President Terry Campbell explains the next steps needed to make progress on strengthening financial literacy in Canada.
November 2014 Globe and Mail: Remember, banks do good work too 
In this letter to the editor, CBA President Terry Campbell highlights the good work that banks do during National Financial Literacy month.
November 2014 National Post: CMHC to probe foreign owners; Situation not ‘excessive’,” Siddall says 
This article covers, in part, an event at the Canadian Club of Toronto in which CBA President Terry Campbell interviewed the president of the Canada Mortgage and Housing Corporation, Evan Siddall, on building a resilient housing finance system for Canada.
August 2014 National Post: Credit unions boom under the radar but some see a hidden risk 
This article about the regulatory disparity between banks and credit unions notes the hidden risks to the Canadian financial system of unlimited deposit insurance offered by some credit unions in the country. CBA President Terry Campbell is quoted.
March 2014 Cowichan Valley Citizen: Consumers are protected from fraudulent credit card transactions 
In this letter to the editor, Robin Walsh, the CBA’s Vice President of Strategy and Communications, highlights the strong protections in place for bank customers who are victims of credit card fraud.
January 2014 CBC Radio Toronto’s “Here & Now” 
The CBA’s Marion Wrobel is interviewed about the Foreign Accounts Tax Compliance Act, U.S. legislation that is designed to identify tax evaders but could impact U.S persons living outside of the United States.
January 2014 National Post: “Educating Youth, Protecting Seniors” 
This opinion piece, co-written by Terry Campbell, President of the CBA and Kevin Sorenson, Minister of State for Finance, discusses the need for coordinated efforts to improve the financial literacy of Canadian youth and seniors.
2013
September 2013 Canadian Press: “Feds, B.C. and Ontario agree to establish co-operative securities regulator” 
CBA President Terry Campbell is quoted in this article about the federal government’s announcement that the governments of Canada, British Columbia and Ontario will establish a Cooperative Capital Markets Regulator.
July 2013 National Post: 50K reward offered for violent robbers 
A story on the $50,000 reward offered by the CBA for information on a series of armed bank robberies in the Greater Toronto Area.
July 2013 Sudbury Star: Reward offered in TD bank heists 
This story reports on the $25,000 reward offered by the CBA for information leading to the arrest of bank robbers in Sudbury.
July 2013 Toronto Star: Merchants vow to fight credit card ruling 
This story reports on the July decision by the Competition Tribunal to uphold the consumer-friendly rules of Visa and MasterCard. CBA President Terry Campbell is quoted in the article.
July 2013 Canadian Press: Tribunal to rule on MasterCard, Visa in anti-competition complaint 
CBA President Terry Campbell is quoted in this news story that explains why a case before the Competition Tribunal could affect how consumers use their credit cards.
July 2013 Globe and Mail: Business lending outpaces consumer lending: report 
In this news story, Marion Wrobel, the CBA’s vice-president of policy and operations, discusses the CBA’s release of a business lending report.
July 2013 National Post: Business credit from banks climbs 10% 
Marion Wrobel, the CBA’s vice-president of policy and operations is interviewed regarding the CBA’s release of a business lending report.
June 2013 Global TV News Toronto: Police release weekend bank robbery security footage
In this news story, Toronto Police release surveillance footage of a March bank robbery and Malcolm Chivers, the CBA’s Manager of Security and Intelligence, is interviewed.
May 2013 Toronto Star: Why do bank robbers even bother? 
In this article, Bill Crate, Director of Security discusses why it’s not worth it for criminals to rob a bank.
May 2013 Mississauga News: Police say armoured car heist thwarted after men spotted 'rehearsing' 
Malcolm Chivers, Manager of Security talks about bank robberies and the importance of employee and customer safety.
May 2013 The Grid: Ain’t too proud to bank 
In this article, the CBA talks about the competitiveness of banks and how consumers have options when it comes to bank fees.
April 2013 The Vancouver Sun: Changes to credit card rules may hurt Canadian consumers 
In this opinion editorial, Terry Campbell outlines how possible changes to the credit card system could alter the way Canadians pay.
April 2013 Edmonton Journal: Changes to credit card rules may hurt Canadian consumers 
In this opinion editorial, CBA President Terry Campbell explains how changes to the credit card system rules could leave Canadians paying checkout fees.
March 2013 National Post: "Canadians who like their banks at record high" 
Terry Campbell discusses how Canadians value their banks because of the soundness and strength of banks and also the consumer value offered by banks.
March 2013 Victoria Star: "Some important facts were left out" 
In this letter to the editor, CBA President Terry Campbell points out that merchants benefit from fast, secure payment and reduced staff costs with credit card payments.
March 2013 Canadian Business Magazine: "Forced to Hoard" 
In this letter to the editor, CBA President Terry Campbell outlines how financial institutions are required to hold large capital reserves.
March 2013 La Presse: "Consommateurs pénalisés" 
In this opinion piece, Terry Campbell discusses how changes to Canada’s credit card rules could negatively impact consumers.
March 2013 Bloomberg News: "Canada Banking Regulator Said to Probe Risk at Farming Lender" 
This article looks at Farm Credit Canada’s lending practices.
February 2013 Financial Post: "Give credit to card rules" 
Changes to Canada’s credit card rules could have a profound impact on how and when Canadians use their cards, and the CBA’s Terry Campbell provides more details in this opinion piece.
February 2013 The Hill Times: "Oil, banking, mining top three lobbying issues in 2012" 
This article from Ottawa’s The Hill Times highlights some of the CBA’s advocacy work in 2012.
February 2013 Miramichi Leader: "Article on credit card fees didn't tell whole story" 
In this letter to the editor, Terry Campbell explains the important benefits that merchants receive when they choose to accept credit cards.
January 2013 The Daily Gleaner (Fredericton): "Letter left out the benefits of credit card acceptance" 
In Terry Campbell’s letter to the editor, he highlights the many benefits merchants receive with credit card acceptance.
January 2013 Halifax Chronicle-Herald: “Credit system works well” 
In this letter to the editor, CBA President Terry Campbell explains the many benefits of credit card payments for both consumers and merchants.
January 2013 The Globe and Mail: "Bank-fee value" 
In this letter to the editor of the Globe and Mail, Terry Campbell outlines the value that Canadians get for their bank service fees.
2012
December 2012 Financial literacy and the importance of engaging youth 
Terry Campbell talks about the banking industry’s work educating young people about financial matters in this Toronto Star feature on financial literacy
December 2012 Volunteer offers financial advice to the mentally ill 
In this online article, a CBA YourMoney volunteer is recognized for her work in promoting financial literacy.
November 2012 Banks bracing for U.S. law requiring they inform on dual citizen account 
In this article, CBA President Terry Campbell discusses the banks' concerns about the US Foreign Account Tax Compliance Act (FATCA) and its potential impact on bank customers.
November 2012 Ottawa Citizen : Banks are committed to customers 
In this letter to the editor, CBA president Terry Campbell explains how banks accommodate seniors and look for warning signs of financial abuse.
October 2012 In this interview with Radio-Canada International, the CBA’s new director for Quebec, Eric Prud’homme, discusses his new role with the association and his recent presentation to the l’Union bancaire francophone in Morocco 
September 2012 Les Affaires: "Achetez des actions de banques pour payer vos frais bancaires" 
This article from Les Affaires details how Canadians benefit from profitable and sound banks. 
August 2012 The Hill Times Online:  
In this Hill Times article, CBA president Terry Campbell discusses household debt and Canadian banks' sound lending practices.
August 2012 The Globe and Mail: "A banker's view" 
CBA President Terry Campbell wrote this letter to the editor of the Globe and Mail, discussing competition in the banking industry and how importing American banking regulation could impact Canada's strong banking system.
August 2012 National Post: "System is 'very strong'" 
In this Financial Post Q&A, CBA President Terry Campbell discusses Canada's strong banking system, international banking regulation and the problems with FATCA.
July 2012 CBC Radio St. John's: "Cross Talk"  
In this interview, Marion Wrobel, VP of Policy and Operations for the CBA, explains why bank fees are in place and the value Canadians get in return.
July 2012 Toronto Star: "Why a bankers' association president brown-bags lunch" 
In this Toronto Star feature, CBA President Terry Campbell shares his advice about his savings and spending habits, including his love of hardcover books,  professional pension advice and why he brown-bags his lunch.
June 2012 BIV.com: "International regulations threaten availability of credit for B.C. business" 
In this article, CBA president Terry Campbell talks about the possible consequences of global regulation on banking in B.C.
May 2012 Waterloo Region Record: "The real story on those Canadian bank 'bailouts'" 
In this opinion editorial appearing in the Vancouver Sun, Waterloo Record, Guelph Mercury, and The St. John's Telegram - CBA President Terry Campbell refutes CCPA claims that banks in Canada received a government 'bailout'. Mr. Campbell explains how taxpayers actually benefited from government and bank actions.
March 2012 The Daily Gleaner: "How Canadian banks defied the financial crisis" 
This opinion piece explains why Canada's banks and our housing market remained strong during the recent global financial crisis.
March 2012 Times and Transcript: "Senator's letter missing some facts" 
In this letter to the editor, the CBA explains the security and benefits of credit cards for both consumers and merchants.
March 2012 The Daily Gleaner: "Senator Ringuette left out some important facts" 
In this letter to the editor, CBA president Terry Campbell points out the benefits for merchants in accepting credit cards.
March 2012 Maclean's Magazine: "Letter to the editor in response to 'You're About To Get Burned'" 
In this letter to the editor, CBA President Terry Campbell demonstrates that prudent mortgage lending practices helped Canada avoid a subprime mortgage crisis.
January 2012 Packet & Times: "Letter to the Editor in response to 'Banks have lost the personal touch'" 
In this letter to the editor, CBA president, Terry Campbell addresses the issue of banks in the community and adapting to the changing needs of their customers at branches.
January 2012 Business News Network: "Canadian Banks" 
CBA president, Terry Campbell, explains how U.S. Volcker Rule will squeeze liquidity from the Canadian bond market.
January 2012 National Post: "Broad push against U.S. rules: Behind the scenes" 
CBA president, Terry Campbell, supports industry regulator, OFSI, in raising concern over U.S. Volcker Rule.
January 2012 Reuters: "Regulator, banks take aim at U.S. Volcker rule" 
CBA expresses concerns about U.S. Volcker Rule. 
2011
December 2011 Calgary Herald: "Reasons for one regulator" 
In this letter to the editor, Terry Campbell weighs in on why Canada needs a national securities regulator.
December 2011 Brockville Recorder and Times: "Letter to the Editor in response to 'Canadian banks received bailout from taxpayers'"  
In this letter to the editor of the Brockville Recorder and Times, CBA President Terry Campbell refutes the claim that Canadian banks received a government bailout during the recent international financial crisis.
December 2011 National Post: "Win-win situation" 
In this letter to the editor, CBA President Terry Campbell explains how Pooled Retirement Pension Plans (PRPPs) will benefit Canadians who currently do not have access to a workplace pension.
November 2011 Canadian Press: "Economists tell Ottawa to bring fiscal house in order, but plan for worst" 
Coverage of the remarks made by five chief bank economists on November 29 regarding the state of the domestic and global economies at a luncheon hosted by the CBA.
November 2011 Vancouver Sun: "Occupy Vancouver protesters should give big thank you to banks" 
In this column, the Vancouver Sun's Editorial Board Editor Fazil Mihlar highlights the contributions that banks make to our local communities and to country's economy.
October 2011 Le Devoir: "Les banquiers canadiens s'inquiètent des conséquences des nouvelles règles"  
Following a Montreal speech given by CBA President Terry Campbell, this article reports that banks are facing global economic uncertainty, revised accounting standards and new international banking regulations.  It is important that these new regulations are implemented consistently on the international stage.
October 2011 Toronto Star: "Letter to the Editor in response to 'PM, Flaherty less than honest on bailout'" 
In this letter to the editor of the Toronto Star, CBA President Terry Campbell refutes the claim that Canadian banks received a government bailout during the recent international financial crisis.
October 2011 Investment Executive: "Canadian banks need to be more vigilant" 
In this letter to the editor, CBA President Terry Campbell explains that one of the factors that helped Canadian banks remained strong during the recent financial crisis was because they are well diversified.
October 2011 Financial Post: "The Real Costs of That Card in Your Wallet" 
In this letter to the editor, CBA President Terry Campbell outlines the many benefits to retailers of accepting credit cards and that it is important that consumers can use the credit card of their choice.
September 2011 Collection of CBLEA Media Coverage 
A package of media coverage about the 2011 winners of the Canadian Bank Law Enforcement Award (CBLEA). The CBLEAs are presented each year to members of law enforcement who have gone above and beyond the call of duty in investigating crime against Canada's banks.
September 2011 CTV: "US Targeting Tax-Evading Citizens" 
CBA president and CEO, Terry Campbell, is quoted in a CTV National News story about U.S. tax legislation which will potentially impact Canadian banks and their customers." The transcript and video are both available.
September 2011 National Post: "Our banks: champions of prudence" 
With the backdrop of global economic uncertainty, stock market volatility and European debt risks, CBA president and CEO Terry Campbell explains why Canadians should still be confident in the country's banking system.
August 2011 Le Journal de Montreal: "Les intouchables"  
In this letter to the editor, CBA President and CEO Terry Campbell refutes the mistaken impression that Canadian banks operating in the U.S. received bailouts from the U.S. government during the recent economic crisis.
June 2011 Financial Times: "Banks battle over US tax law" 
In a front page article appearing in the UK's Financial Times, CBA President and CEO, Terry Campbell, speaks about industry concerns with the US Foreign Account Tax Compliance Act, which is scheduled to come into effect in 2013.  
June 2011 iPolitics: "Canadian Bankers Association: Helping to support economic recovery" 
In a pre-budget op-ed submitted to iPolitics.ca, CBA President and CEO, Terry Campbell, lays out some of the domestic and global regulatory challenges facing Canada's banking industry.
May 2011 Globe and Mail: "U.S. plan to hunt tax cheats picks poor targets abroad" 
The Globe and Mail's Barrie McKenna examines how a U.S. plan to catch American tax cheats abroad may negatively affect Canadian banks.
May 2011 National Post: "Endless bank regs risk overshooting"  
In an op-ed printed in the National Post, CBA president and CEO, Terry Campbell, highlights some of the domestic and global regulatory challenges currently facing the Canadian banking industry.
May 2011 National Post: "Banks push back against provinces" 
This coverage of President and CEO, Terry Campbell's first speech reports on Mr. Campbell's remarks regarding the need to maintain federal regulatory jurisidication over banking.
May 2011 Dow Jones: "Canadian Bankers Group CEO: SIFI Designation Could Increase Moral Hazard" 
President and CEO Terry Campbell's remarks about the dangers of designating banks as systemically important financial institutions are reported in this newswire article.
May 2011 Bloomberg: "Canadian Lenders ‘Cannot Coast’ on Success, Bank Group CEO Campbell Says" 
This coverage of President and CEO, Terry Campbell's May 2011 speech reports on Mr. Campbell's remarks regarding global regulatory reform for the banking sector.
May 2011 L'expert: "Securities Showdown" 
An article in the legal newspaper L'expert takes an in-depth look at the federal government's push to create a single, Canadian Securities Regulator. The piece contains quotes from the CBA's General Counsel, Nathalie Clark.
May 2011 The Hill Times: "Canadian Bankers Association supports government's move towards a single securities regulator" 
In a wide ranging interview with the Hill Times, CBA President and CEO Terry Campbell talks about upcoming Bank Act review, the push for a National Securities Regulator and other issues facing the country's banking sector.
April 2011 Maclean's: "Letter: Help the aged" 
In a letter to Maclean's Magazine, CBA president and CEO, Terry Campbell, refutes claims that the banking industry does not do enough to prevent the financial abuse of seniors.  Banks have information for seniors and policies to protect them, but are also limited in what they can report because of privacy laws.
April 2011 Globe and Mail: "Today's lesson: Budgeting smarts start at home" 
In a Globe and Mail piece, personal finance columnist Rob Carrick, gives his impressions of YourMoney, the CBA's financial literacy program for high school students.
March 2011 iPolitics: "Stay competitive, create jobs, strengthen the economy" 
In advance of the 2011 federal budget, CBA President and CEO, Terry Campbell, outlines the banking industry's priorities for the coming year in an op-ed published by iPolitics.ca.
February 2011 National Post: "Letter to the Editor in response to 'Read between the literacy lines'" 
In a letter to the National Post, CBA president and CEO, Nancy Hughes Anthony, refutes claims that the banking industry does not have a genuine interest in financial literacy and points out that a strong national economy is built on the foundation of a financial literate population.
January 2011 Financial Post: “CMHC Hazard” 
A letter to the editor regarding a story about bank lending practices when granting mortgages that are CMHC-insured.
January 2011 Financial Post: "Letter to the Editor in response to 'And you thought credit cards were risky'"  
In a letter to the Financial Post, CBA President and CEO, Nancy Hughes Anthony, refutes claims that debit fraud victims have their bank accounts frozen for weeks at a time and also points out that fraud victims are never held financial liable for losses.
2010
December 2010 Welland Tribune: “Help the poor, not banks – NDP leader” 
A letter to the editor to set record straight that competitive corporate tax rates benefit businesses both large and small and that banks are significant contributors to charities and not-for-profit community groups.
December 2010 La Presse: "À la rédaction – Au sujet de l’article ‘Analphabètes de l’argent’" 
In response to a column which appeared in La Presse, Jacques Hebert, Directeur, Direction du Québec, Association des banquiers canadiens, wrote to clarify that banks are responsible lenders and that Canadians are responsible borrowers (available in French only)
September 2010 National Post: "Letter to the Editor in response to "Banks hold the most cards in the housing game"" 
President Nancy Hughes Anthony wrote to the National Post to correct the notion that there is no competition in the mortgage market.
July 2010 Sault Star: "CBA Letter to the editor in response to 'Chip payoff hasn’t come; Credit-card security hike should have yielded interest-rate decrease: Group'"  
In a letter to the editor, published in the Sault Star, Belleville Intelligencer, Barrie Examiner Brockville Recorder & Times, Calgary Sun, Edmonton Sun, Kingston Whig-Standard, and Peterborough Examiner, the CBA’s Vice-President of Operations, Nancy Fung, refutes claims that credit card fraud has been ‘almost eliminated’ and highlights the wide range of factors that contribute to the cost of running a convenient, safe and efficient credit card system.  
June 2010 Report on Business Magazine: "Letter to the Editor in response to "Unfit to be Tied"" 
This letter sent to the Report on Business Magazine corrects a string of misinformation about banks and insurance.
June 2010 Halifax Chronicle Herald: "Letter to the Editor in response to "Not a Bailout""  
In this letter to the editor, published in the Halifax Chronicle and the Winnipeg Free Press, President Nancy Hughes Anthony refutes claims of bank bailouts and highlights the contributions that banks have made to the economy.
June 2010 Toronto Star: "CBA Letter to the editor"  
A letter to set the record straight about the highly regulated banking industry and the important contributions that banks make to Canada.
May 2010 Vancouver Sun: "CBA Letter to the editor"  
In this letter to the Vancouver Sun, President Nancy Hughes Anthony explains why bank bailouts in Canada re pure fiction.
May 2010 National Post: "CBA Letter to the editor in response to 'National Regulation: A Federal Travesty'" 
A letter in response to a critical opinion editorial regarding the proposed national securities regulator.
May 2010 The Western Producer: "Banks enthusiastic about next generation of farmers" 
An article in the Western Producer looks at how banks are adapting to meet changing needs of Canada's agriculture industry.
May 2010 St. John's Telegram: "CBA letter to the editor in response to 'Helping the banks not the way to go'" 
A letter to the St. John's Telegram explaining the banking industry’s recommendations to improve the retirement savings system in Canada.
May 2010 Globe And Mail: "Say no to a global bank tax"  
In a letter to the Globe and Mail, CBA President and CEO, Nancy Hughes Anthony, explains why a global bank tax is not a suitable substitute for effective bank regulation.
April 2010 National Post: "Banks look at a firm's risk, not its size"  
In an op-ed printed in the National Post, Nancy Hughes Anthony, President and CEO of the Canadian Bankers Association, highlights the financing and services that banks provide to small- and medium-sized enterprises across the country.
February 2010 Toronto Star: "CBA Letter to the Editor regarding 'Banking reforms not for Canada?'"  
In response to an editorial which appeared in the Toronto Star, Nancy Hughes Anthony, President and CEO of the Canadian Bankers Association, highlights the strengths of the Canadian banking system and explains why banking reforms being considered in the U.S. are not needed here in Canada.
February 2010 Metro Montreal: "À la rédaction – Au sujet de l’article 'Banques à charges'"  
In response to a column which appeared in Metro Montreal, Jacques Hebert, Directeur, Direction du Québec, Association des banquiers canadiens, refutes claims of taxpayer funded bank bailouts in Canada and highlights banks' contributions to the economy. (available in French only)