In this brand-new monthly podcast, hosts Becky Armstrong and Ryan Chin shine a light on the confusing world of finance to help clarify the fundamentals and make it fun and accessible. In their first episode, Ryan and Becky introduce listeners to the Canadian banking system and will answer the question, "Why do I need a bank account anyway?"
They outline the banking system in Canada, provide explanations about the different types of banks, give examples of various types of accounts, and offer tips on how to set up your own account.
“Three percent of Canadians do not have a bank account and about 15% are under-served by their bank.”