Canada's banks are increasingly closing accounts without explanation as they fight financial crime

Your bank can cut you off and never tell you exactly why.

https://www.theglobeandmail.com/investing/personal-finance/article-debanked-why-some-canadians-are-losing-their-bank-accounts-without/

A letter in the mail succinctly announces that all of your financial accounts will be shuttered. Usually, you have up to three months to make alternate arrangements. The official explanation, if there is one, is as ominous as it is vague: "Our decision is a result of the unacceptable risk that we have identified with regard to the operation of your accounts."

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