Canadian Financial Literacy Database Canadian Financial Literacy Database

From Financial Consumer Agency of Canada

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Banking Fees in Canada: Patterns and Trends

In Banking Fees in Canada: Patterns and Trends, the authors examine the evolution of the service charges related to chequing accounts over the past decade. The study looks into trends for both the price of retail banking services offered in the market as well as what Canadian consumers report paying to do their day-today banking transactions. The report also includes a discussion of the effectiveness of the low-cost accounts offered by eight of Canada’s large banks.

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Topics: Banking, Budgeting and money management, Rights and responsibilities

Language(s): English
French

Fee: Free

Type: Research/reports

Format: Print/pdf

Target audience: General public

Knowledge level: Introductory

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Newfoundland and Labrador
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Yukon

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