
Canada to Cap NSF Fees at $10 Starting 2026, Cutting Bank Penalties for Millions
Canadians will soon see lower non-sufficient funds (NSF) fees, as the federal government moves to cap bank charges at $10 per transaction, down from the current rates of $45 to $48. The change, set to take effect on March 12, 2026, is expected to save Canadians $4.1 billion over the next decade.




