Canada lies to the North of the USA and, behind Russia, is the world's second largest country. It is one of the best countries in the world to live, learn and work. Canada ranks first among the G7 countries in providing equal opportunities for individuals, whether native-born or a new arrival.
In general, banking in Canada costs money, either in monthly fees, or in lost interest through having to maintain a sufficiently large balance in a low interest daily account to have the fees waived. A regular day to day transaction "current" account is referred to in Canada as a chequeing (checking) account. Interest in a chequeing account will be very low, so most people operate savings accounts in parallel. You can also buy guaranteed investment certificates (GICs) from your bank. These offer higher rates of interest than savings accounts but your money is tied up for the term of the certificate.