Major banks are duking it out to attract Canadian immigrants, a key market in a retail banking sector that is grappling with an aging population and a tighter lending environment. Some of Canada’s largest financial institutions are offering unsecured credit cards, multilingual banking services, periods of no-fee banking and help sending money to relatives overseas. […] While these products can be helpful, offering unsecured credit cards to immigrants introduces them to risks too, said Adam Fair, a program manager for the Canadian Centre for Financial Literacy.
Halton
