What Banks Don’t Want You to Know (CBC Investigation Explained)

Video Description

Are Canada’s banks really giving you advice that’s in your best interest—or advice that benefits their bottom line? In this episode of Steadyhand’s Coffee Break series, host David Toyne sits down with Sandi Martin, an advice-only financial planner featured in CBC Marketplace’s hidden camera exposé on Canadian bank advice. Together, they unpack what the CBC investigation uncovered, as well as a new 2025 report from the Ontario Securities Commission (OSC) and the Canadian Investment Regulatory Organization (CIRO). 🔗 Resources mentioned in this video: CBC Marketplace Investigation: https://www.youtube.com/watch?v=htm38oM5WFE OSC & CIRO Report 2025 (on Bank Sales Culture Concerns): https://www.osc.ca/en/news-events/reports-and-publications/sales-culture-concerns-five-canadas-bank-affiliated-dealers 🔹 Video Chapters 🔹 0:00 Are Canadian banks working for you or against you 2:00 CBC hidden camera investigation 5:20 Sales pressure and conflicted advice 09:40 What regulators uncovered in 2025 15:20 The truth about bank mutual fund fees 22:40 Spotting sales-driven vs real advice 30:40 How advice-only planning is different 32:20 Final takeaway for Canadians --------------- 🗓 Get To Know Steadyhand! 🗓 https://hs.steadyhand.com/storyofsteadyhand?utm_source=ytviddescription 📚 SUBSCRIBER GIVEAWAY: Are you starting to think seriously about retirement but not sure where to start? Subscribers to the channel can grab this Free Insider’s Guide “3 Simple Steps to Retirement” - https://hs.steadyhand.com/retirementguide?utm_source=ytvideo ✅ For more info visit: https://www.steadyhand.com/ 💬 What was your main takeaway from this video? Let us know in the comments below. And don't forget to subscribe to Steadyhand here ⤵ https://www.youtube.com/c/SteadyhandInvestments?sub_confirmation=1 --------------- 📍 Welcome to Steadyhand's official YouTube channel! Steadyhand is a Canadian investment firm that offers low-fee investments with easy-to-follow advice and a simpler, more human experience for all Canadians. On this channel, we produce jargon-free videos to help you stay informed & educated on relevant investment topics. We've been managing money since 2007 and over 4,000 Canadians have entrusted us with more than $1 billion in investments. Our clients enjoy direct access to world-class fund managers and a level of genuine financial stewardship that you just don't find at the big banks and brokerages. ➡️ Our straightforward lineup of funds, easy-to-follow investment advice, and candid reporting enable our clients to weather the ups and downs of the markets with confidence. We offer hands-on, personalized service, and are ultra-accessible. In short: Steadyhand offers Canadians a better way to invest! We hope you find the videos on this channel informative and if you are interested in the services we offer then please visit our website. If you enjoy the videos you see on this channel then make sure you subscribe and hit the notification bell so you find out as soon as we post a new video! 🔔 --------------- 📲 Follow Steadyhand on social media: Facebook ▶️ https://www.facebook.com/steadyhandfunds Linkedin ▶️ https://www.linkedin.com/company/steadyhand-investment-funds Twitter ▶️ https://twitter.com/Steadyhandfunds ✅ Subscribe to our Blog and Newsletter https://steadyhand.us3.list-manage.com/subscribe?u=16dc1da0069ea6ff56c3b09cf&id=8fda198faa If you'd like to explore whether Steadyhand may be a good fit for you, reach out to us: 📞 1-888-888-3147 📧 [email protected] 🌎 https://www.steadyhand.com/contact/ 📍 Vancouver Office (1747 West 3rd Avenue Vancouver, BC V6J 1K7) 📍 Toronto Office (3690-130 King St W, Toronto, ON M5X 2A2) --------------- Music: Do It- Hotham --------------- #Steadyhand