Budget 2023 to detail crackdown on 'junk fees' for consumers: federal source - BNN Bloomberg

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Budget 2023 to detail crackdown on 'junk fees' for consumers: federal source - BNN Bloomberg
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A federal source says the coming budget will detail how the Liberals plan to go after hidden or unexpected consumer fees, following the United States announcing its own crackdown on these charges.

Often referred to as"junk fees," they can include those tacked on to the initial price of a product or service that hide, and inflate, the total cost.

These agencies would include the Competition Bureau, the Financial Consumer Agency of Canada and the Canadian Radio-television and Telecommunications Commission. While the budget is expected to provide more detail on the kinds of fees the federal government wants to go after, common examples are phone or internet surcharges or additional fees for flights or event tickets.

He also urged Congress to pass the Junk Fee Prevention Act, which would target hidden fees in the entertainment, travel and hospitality industries.

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