Canada’s strength lies in its people, resources and innovative spirit.

We know Canada is a country with many advantages: its people, its resources and one of the most stable financial systems in the world. But to turn these strengths into transformative growth, businesses need the right tools and support to stay competitive in a rapidly changing world.

Banks play a critical role in making that happen. By providing businesses with the capital they need to grow—whether it’s a local shop expanding or a startup scaling its vision—banks help turn ambition into real opportunities. Strong businesses create good jobs, and good jobs build a stronger economy.

Every major Canadian bank has dedicated teams to help small and medium-sized businesses (SMEs) navigate challenges, embrace innovation, and remain resilient in the face of economic uncertainty. This ongoing support ensures businesses can grow, hire, and strengthen their communities.

Here’s how Canada’s banks can support Canadian prosperity right now.

Scam prevention starts with awareness.

In a world where scams are becoming more sophisticated, Canada’s banks are taking action to protect and inform. From spotting phishing emails to impersonation tactics, banks are equipping Canadians with the tools and knowledge they need to recognize the warning signs and avoid falling victim.

And by uniting Canada’s major financial services, telecommunication, and technology companies with law enforcement and government, in a Canadian Anti‑Scam Coalition, Canada’s banks are underscoring their commitment to reducing scams and helping Canadians protect themselves.

The Coalition is the country's first unified cross-sector initiative to combat the growing threat of scams targeting Canadian consumers, bringing together organizations across financial services, telecommunications, big tech, law enforcement, and government.

From improving collaboration across sectors to a national consumer awareness campaign launching this fall, the Coalition is advancing multiple efforts to help Canadians stay ahead of scams.

Canada’s banks are committed to protecting Canadians’ data and money, investing in the tools, resources, and awareness needed to stay ahead of scams.

Financial literacy is an essential life skill, no matter your age.

Understanding how to manage finances effectively is an important life skill, and banks play a key role in providing the knowledge and tools needed to achieve financial well-being. By promoting financial literacy, banks empower their customers to make informed decisions, avoid debt, and build a secure financial future.

Banks actively support and strengthen financial literacy through community educational activities and bankers volunteer their time to deliver community-based programming such as the CBA’s free and non-commercial financial literacy seminars.