Cavan Monaghan Council pushes back against bank clause

Peterborough, ON, Canada / CHEX TV
Cavan Monaghan Council pushes back against bank clause

As the TD branch in Millbrook gets ready to shutter its doors, council is asking the company to claw back a clause which states no other financial institution can set up shop at the location for five years after TD leaves. The mayor says the clause could deter other banks from moving in; Residents say the community needs a bank.

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