The choice and competition in the Canadian banking industry ensure that consumers have access to low-cost banking services. In fact, a recent CBA survey found that 34 per cent of Canadians pay no service fees of all. With a little bit of homework, you too can be a member of this group.

The Canadian Bankers Association works on behalf of 51 domestic chartered banks, foreign bank subsidiaries and foreign bank branches operating in Canada and their 257,000 employees to advocate for efficient and effective public policies governing banks and to promote an understanding of the banking industry and its importance to Canadians and the Canadian economy.