Quote:
Originally Posted by MoneyGuy
I feel there should be no fees to set up an account. When you trade stocks, yes, but not for the account itself. Most institutions don't charge for this.
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There were no fees to setup the account (although there is a $50 annual fee not unlike an RRSP admin fee, can be waived if you elect for electronic statements).
These crazy fees they are charging here are basically transaction fees. Withdraw 50% of your money and it'll cost ya $25 if it's your second or higher transaction this year.