As I've observed before the federal government has no business micro-managing bank fees. Even if politicians did have a legitimate role to play, ATM fees would (should) be far down the list of concerns. Having a conservative finance minister continuing to raise the 'issue' with banks is supremely annoying. The Bank of Nova Scotia CEO is right - Flaherty and all other federal politicians should butt-the-hell-out!
This is chickensh*t politics, with the NDP in it's traditional role as chief bank-basher and the Tories pretending to play along because bank-bashing is such a popular sport.
Now PM Harper has weighed in. He says he feels like other Canadians when he 'occaisionaly' 'has to' pay ATM fees. They 'annoy' him. Well, as much as I like and admire our Prime Minister I think his nose is stretching on this one. I demand to see proof that he has ever 'had to' pay an ATM fee. But if he has I seriously doubt that he's thought twice about paying it. And if 'annoyance' is the new gauge for deciding policy, when can we expect to see the GST removed and our income taxes radically cut?