Senior citizen has accounts terminated by Scotiabank apparently for criticizing DEI policy
Toronto resident ‘Jane’ tells David Menzies that Scotiabank terminated her 20-year relationship with the company because she criticized its diversity, equity and inclusion policy.
Do you remember the good old days when Canada’s big banks were all about… financial services? Savings and chequeing accounts, RRSPs, mortgages, and so on?
Increasingly, these days, thanks to the virus that is “wokeness”, Canada’s big banks are actually “de-banking” certain customers. These are not deadbeat clients nor con artists. Rather, thanks to the unholy trinity of diversity, equity, and inclusion, if a bank deems a client guilty of “wrong-thought”, that customer might very well be “fired.”
This disturbing Orwellian approach to financial services surely hit a crescendo in 2022 when thousands of Canadians had their bank accounts frozen simply for making an online donation to the Freedom Convoy. It was equal parts shocking and disgraceful.
And consider our story last year, in which we drew attention to the case of Gary Duke of Grand Prairie, Alta. He was fired as a customer by his local Scotiabank branch when Gary politely asked if it was possible to remove the rainbow icon from his Scotiabank phone app given “Pride Month” had come to an end.
Those comments were not appreciated nor tolerated, and in the name of “inclusivity”, Gary had his bank accounts terminated.
Our latest example of wokeness driving bank policy is the inexplicable case regarding Toronto senior citizen “Jane” (she doesn’t want her real name used as she doesn’t want to incur further penalization from any other banks).
Earlier this year, a Scotiabank branch in west end Toronto terminated her accounts. But why? Was Jane running a financial scam? Does she have links to a terrorist organization? Hardly.
Jane suspects she was given the axe because she dared make a suggestion regarding the bank’s diversity, equity and inclusion policy. Which is to say, she suggested that the bank should include seniors in its inclusion policy, not just members of the LGBT-etc.-etc. community.
Alas, for having the temerity to make such a suggestion, Jane was sent a letter from bank manager Guy Morin telling her that the bank was terminating its relationship with her.
And get this: we can only speculate what the real reason is for this termination, given that the bank manager would not state anything tangible for Jane getting the axe.
Indeed, this is what Guy Morin stated to Jane in an email:
After careful consideration, The Bank of Nova Scotia… has decided to end our relationship with you. We understand it will take time for you to make arrangements with another financial institution, therefore we are providing you this advance notice of the date on which each of your accounts and other products/services will be closed. Our decision complies with the conditions in the agreements you have with us.
But again, the question arises: what “conditions in the agreement” did Jane breach? We reached out to the manager and Scotiabank’s media relations department and even paid a visit to the branch, but no comment was offered. Of note, even though we are firmly entrenched in the month of August, this branch still had its Pride propaganda on full display.
The censorious behaviour of Canada’s big banks is shocking albeit hardly surprising. After all, back in December 2021, the Toronto head office for the Royal Bank of Canada cancelled a mortgage for a Calgary property that Rebel News was hoping to acquire.
Please note that our company had been pre-approved for the mortgage by a Royal Bank branch in Calgary. But when it came to rubber-stamping the approval at Royal Bank HQ in Toronto, the mortgage application was denied.
The reasons for the refusal had absolutely nothing to do with the financial wellbeing of Rebel News. Rather, the woke Royal Bank head honchos apparently didn’t care for our editorial viewpoint. Unbelievable…
Lesson learned: Canada’s big banks no longer solely judge clients on their financial merits. These days, the banks want to make certain their clients are not guilty of “wrong thought.” And if you are deemed guilty of harbouring a non-woke opinion, then these big banks will think nothing of declaring you persona non grata.