Advocating for a sound,
thriving banking system

Advocating for a sound,
thriving banking system

One of Canada’s oldest business associations, the Canadian Bankers Association was founded in Montreal on December 17, 1891 and subsequently incorporated by a special Act of Parliament in 1900. The CBA provides its members with information, research and operational support, and contributes to the development of public policy on issues that affect financial institutions. The Association is continually involved in financial data collection and analysis, consumer protection efforts, fighting bank fraud, and developing industry consensus on issues impacting banks in Canada.

The CBA provides governments and others with a centralized contact to all banks on matters relating to banking in Canada. The CBA advocates for public policies that contribute to a sound, thriving banking system to ensure Canadians can succeed in their financial goals.

The Association promotes financial literacy to help Canadians make informed financial decisions and sponsors two financial literacy seminar programs: Your Money Students and Your Money Seniors.

The Association also works with banks and law enforcement to help protect customers against financial crime and promote anti-scam awareness.

Canada’s banking sector plays a pivotal role in the country’s economic growth and well-being. Banks are not just financial institutions; they are key drivers of progress, among the largest taxpayers, progressive employers, and steadfast supporters of Canadian businesses -- large and small.

From urban centres to the heart of rural communities, Canada’s banks support long-term economic growth, helping Canadians achieve their goals and ambitions. With a significant impact on the economy, contributing 3.6% to Canada’s GDP - approximately $70 billion - and supporting over 280,000 Canadian jobs, banks play a pivotal role in ensuring shared prosperity across the country. At the heart of our mission is the belief that strong banks build a stronger Canada. By advocating for sound policies and championing the values that underpin our economy, we help secure a vibrant, inclusive, and sustainable future for all Canadians.