Банки
Canadian Banks
Canada has stable and very well developed banking system and Canadian banks play important role in Canadian economy and society. Canadian banks are amongst the top Canadian employers, employing over 200,000 people. Canadian banks are among the top tax payers too.
Big Five Canadian Banks
The "Big Five Banks" is a term referring to the five biggest Canadian banks. The "Big Five Banks", are listed below ordered from the largest to the smallest:
Royal Bank of Canada
Toronto-Dominion Bank
Bank of Nova Scotia
Canadian Imperial Bank of Commerce
Bank of Montreal
Sometimes you might see the "Big Six Banks" term used, which is essentially the same "Big Five Banks" plus the National Bank of Canada, not to be confused with The Bank of Canada (the Canadian central bank). The only banks listed on Schedule I as a Canadian chartered national banks are the "Big Six Banks", and Laurentian Bank of Canada.