Canadians Are Building Digital-First, 'Multi-Banking' Lifestyles, New CPPO Research Finds

Canadians are building digital-first, 'multi-banking' lifestyles

Nearly half of Canadians use online or challenger banks, as support for digital money movement strengthens. New research from the CPPO, the nonprofit organization fueling the growth of the $14 billion open-loop prepaid economy, shows Canadians are expanding how they manage, move, and grow their money by combining traditional and digital-first providers that better align with their lifestyles. The shift reflects a significant growth in Canada’s f…

Canadians Are Building Digital-First, 'Multi-Banking' Lifestyles, New CPPO Research Finds

CPPO, 03/31/26