Wealthsimple Requests Review of Rising Bank Transfer Fees in Canada.

Wealthsimple, a Canadian financial technology company, has asked the Canadian government to review rising bank transfer fees. Royal Bank of Canada, one of the largest financial institutions in Canada, is cited as an example of a bank with increasing fees. Wealthsimple argues that high transfer fees are unfair and hurt Canadians, particularly low-income individuals. The company is seeking a more transparent and equitable banking system.