NAV Canada will withdraw its three-year-old 2% service charge on Sept. 1. The fee was instituted in order to rebuild the Rate Stabilization Account to C$50 million ($44.3 million) from a C$116 million deficit. The account had C$73 million as of May 31. NAV Canada said the decision was due in part to a Supreme Court of Canada decision that allowed it to recover C$8 million in unpaid customer service charges. "Not only are rates going down through the elimination of the temporary adjustment, ...

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