Dec 02, 2025
Young people in smaller communities can face barriers in setting up a bank account
Juutai McKitrick from Coral Harbour, Nunavut, remembers how hard it was to set up his own bank account when he was younger.
“My hometown doesn’t have street addresses. Like, the streets don’t have names, none of the addresses are registered,” he said. “Everyone does their mail through the P.O. box, and a lot of banks just don’t accept a P.O. box as a valid address.”
He says he worked around this by putting in a non-registered address.
Read More: https://www.cbc.ca/news/canada/north/financial-literacy-youth-camp-cambridge-bay-9.6999136