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Cheque fee too high: Anawak

Kent Driscoll
Northern News Services

Ottawa (Feb 15/06) - A former MP, MLA and now the circumpolar ambassador for Canada, Jack Anawak says cheque-cashing fees charged by the Northwest Company are unfair.


What the Northern Charges

Cheque cashing fee:

  • One per cent of the cheque's total

    Debit card cash withdrawals:

  • $3 or one per cent for cheques greater than $200

    Personal cash transfers:

  • $15 for transfers up to $200; $25 for transfers up to $500
  • Five per cent for transfers over $500

    Commercial cash transfers:

  • $30 for transfers up to $200
  • $50 for transfers up to $500
  • 10 per cent for transfers to or from any business

    NWC cheque (money order) Service:

  • $17 (non-profit organizations may be exempt from this fee)

    - Source: "It Just Makes Sense" pamphlet on fees published by the Northern store



  • He recently wrote a letter to the company that runs Northern stores around Nunavut, saying the five per cent fee Northern Stores charge people when to cash cheques is too high.

    In many of Nunavut's hamlets, the Northern store is the only place you can get a cheque cashed.

    "In the mid-1900s, the HBC came up to Nunavut and basically pillaged our resources with minimum returns to the people through trade in furs. Today, trading furs is not there any more, but the pillaging goes on through fees that are exorbitant," wrote Anawak.

    "I would call this highway robbery except we have no highways and therefore I will simply call it legalized robbery," wrote Anawak.

    Jim Deyell, a spokesperson for the Northwest Company, doesn't think they are robbing anybody.

    "If you check southern outlets that do the same thing, you'll find that our fees are cheaper," said Deyell.

    The company wrote back to Anawak, pointing out that some of his facts were "inaccurate," said Deyell.

    Insurance plays a big role in the fees charged. "Transporting cash is a risky business. There is no Brinks truck coming up to our door. We have lost cash in deliveries in the past and we can't get insurance," said Deyell.

    Deyell added that the company's goal is to eliminate as much cash from the operation as possible.

    "The eventual goal is to get rid of this cash issue. We are the ones bringing the cash to the communities," said Deyell.

    Anawak said he stands by his letter but wasn't able to comment because he was refused permission by the federal department of foreign affairs.

    "We are in a period of transition (in government) right now. Senior officials are not speaking at this point," said Foreign Affairs spokesperson Pamela Greenwell.