1,000 signatures reached
To: Financial Consumer Agency of Canada
Investigate TD’s shady and illegal sales practices now!
TD employees are signing customers up for lines of credit, upgrading accounts, and adding products they didn’t need -- without the customer’s knowledge or consent.
TD whistleblowers say that pressure from managers to meet unrealistic sales targets forces them to choose between breaking the law, and losing their job.
We call on the Financial Consumer Agency of Canada to launch an investigation of TD’s shady, unethical -- and probably illegal -- sales practices.
Why is this important?
Last week, hundreds of TD bank employees blew the whistle on a toxic, predatory, and unethical sales culture within the bank.
In a shocking CBC report, TD employees admitted to breaking the law by signing customers up for products they didn’t want, without their consent.
Multiple sources within TD agree the problem starts at the top, with upper management pressuring bank employees to meet impossibly high targets, forcing TD employees to choose between breaking the law, or losing their job. [5]
One employee described her manager standing behind her three times a day, pressuring her to sell more. Another employee said "I'm in survival mode now because it's a choice between keeping my job and feeding my family … or doing what's right for the customer."
It’s time for government to step in and investigate TD. The Financial Consumer Agency of Canada (FCAC) regulates national banks, but they only launch investigations in response to complaints.
If thousands of us sign a petition calling FCAC to investigate TD, we can file the biggest complaint they’ve ever seen -- and trigger a massive investigation into TD’s shady practices.
Sign the petition calling on our banking regulators to investigate TD now!