TD Canada Trust has been stung by a CBC story saying that it was somehow delaying the $846,000 inheritance of a Cornwall family. A cheque has been now issued and is the hands of the family’s lawyer. Reporter John Lancaster revealed the deadlock Thursday. The family of Lorette and John Taylor were caught in what Lancaster called a three-way David vs Goliath battle after UPS lost the first draft and TD — which had issued it — appeared to be in no rush to issue a new one. UPS got the draft in February for delivery from Georgetown to Cornwall. Then it disappeared. For its part, TD seemed reluctant to issue a new draft unless the Taylors agreed to indemnify the bank if the original draft was cashed. It is a sharp reminder that huge sums of money should not be entrusted to just anybody. “We understand that we’ve reached a resolution with our customer,” bank spokeswoman Cheryl Ficker told CBC News via email. “It’s clear to us we didn’t get this right along the way and that there was more we could have done to come to a resolution faster.” CBC
