Did you know that there are no fee and low-cost bank accounts available for Canadian consumers? These can be a good way to save on banking fees.
The Financial Consumer Agency of Canada (FCAC), an independent federal government organization, has information on more than 150 types of chequing and savings bank accounts. FCAC’s Banking Package and Savings Account Selector tools are available online at fcac.gc.ca to help you find the bank account that best meets your needs.
Source: Financial Consumer Agency of Canada (FCAC)