Canada’s banking market is highly concentrated, deeply competitive and influenced by rapidly evolving customer expectations, alongside increasing pressure from digital challengers. While many of the forces reshaping financial services are global, Canadian consumers exhibit distinctive behaviours, particularly around trust, technology adoption and expectations of service quality.
With a higher proportion of affluent consumers than other major markets (4% high net worth, 32% affluent), there is a significant opportunity to deepen relationships and grow share of wallet.
RFI Global helps financial institutions navigate this complexity with independent, data-led insight into consumer and business behaviour, enabling more informed decisions across product, customer experience and growth strategy.