$10K seems like a generous donation to me: good on them for making one.
You can’t complain about the amount because you don't know what other donations they make. I would rather see $10K donations made to a bunch of different projects than a single big donation to one project. That way if one company has a bad year (or goes out of business) projects are not left scrambling to replace their sponsor. As the saying goes, “Don’t put all your eggs in one basket”.
We are starting to offer a new product for this for small business/startups.
It is still pretty early and we're just starting to expand into the US, but it is something (https://nucleus.com/).
The first day of this reminds me of how impressive the asynchronous and concurrent features of Raku are. I really need to start using it for the odd project.
There are a lot of free options: even more if you consider ones that require a minimum balance. The paid ones though are typically $10-15.
Where they really get you though is in service fees. If you overdraft or do any one of a myriad of options you can get hit with penalty fees. Basically you just have to treat the minimum balance as a hard zero.
Until you use your credit card. Interchange fees in Canada are a full 1% higher than in the US, on average. You pay for this in higher prices on goods and services.
Or until you buy something in USD. Foreign exchange fees in Canada are a multiple of what they are south of the border, and Canadian banks ruthlessly protect this business by refusing to bank money service businesses that compete with them.
Canadian banks are the most profitable in the world, and they're really good at making customers think they're not paying that much for the pleasure of feeding the oligopoly.
Yes, that is probably true: I have kept a minimum balance ever since opening the bank account so I am not really familiar with how it all works. I have heard the horror stories though about how the bank will order the transactions to incur the maximum fees (at $20 or more per transaction) if you miscalculate the balance when the bank account is close to empty.
Those junkyards are getting few and far between because of liability insurance costs. Now the parts have to be ordered and pulled off for you, which makes it uneconomical for low value parts. Often, just the high value parts are pulled and the car is crushed.
You can’t complain about the amount because you don't know what other donations they make. I would rather see $10K donations made to a bunch of different projects than a single big donation to one project. That way if one company has a bad year (or goes out of business) projects are not left scrambling to replace their sponsor. As the saying goes, “Don’t put all your eggs in one basket”.