Canadian banking

Canadian banking is centered on a few large banks, known as the "Big Five," which dominate financial services. These banks offer personal, business, and investment banking, along with savings and checking accounts, loans, and credit cards. The system is regulated by federal authorities to ensure stability and protect consumers. Canadians typically access banking through physical branches, ATMs, and online platforms. The banking sector is known for stability, prudent management, and a high level of security, supporting both everyday financial needs and economic growth.