Final answer:
Factors that influence Canadians' choice of FI include convenience, product offering, and reputation and trust.
Step-by-step explanation:
Factors that influence Canadians' choice of financial institution (FI) include:
- Convenience: Canadians may choose an FI based on its accessibility, such as the number of branches or ATMs available and the ability to access services digitally.
- Product offering: Canadians may consider the range of financial products and services offered by an FI, such as savings accounts, credit cards, mortgages, and investment options.
- Reputation and trust: Canadians may be influenced by an FI's reputation, customer reviews, and perceived trustworthiness, as well as the security measures in place to protect their personal and financial information.