People in Canada are having bank accounts frozen randomly, even for legitimate income or deposits. Cases include six-figure business accounts held for months and personal checks blocked. To protect yourself, diversify: use multiple banks, brokerage accounts, and even accounts in other countries. Online banks like EQ Bank or U.S. banks like Wells Fargo offer alternatives. Relying on a single bank can be risky—always have a backup plan.
Banks Are Freezing People’s Accounts For No Reason
