Flaherty to banks: Don’t advertise insurance on websites

Finance Minister Jim Flaherty has asked Canada’s banks to stop advertising insurance on their websites, and informed them the federal government will soon bring in new rules compelling them to do so. In a letter to the country’s biggest banks yesterday, Flaherty said: “It has come to my attention that some banks are using their websites to undertake insurance activities.

In a letter to the country’s biggest banks yesterday, Flaherty said: “It has come to my attention that some banks are using their websites to undertake insurance activities.