Canadian banks with the best feeds

Given the issues with Canadian banks working with third-party data aggregators like Yodlee and Plaid (as explained in this blog post: Canada: Sorry, The Connection Just Isn't There Anymore), we've compiled the below statistics to give some perspective on which banks might provide a better experience for their customers with PocketSmith.

  • Only banks with more than ten active feeds are included.
  • The absence of a number means there are no feeds for that bank with that provider.
  • Banks are sorted in descending order based on the number of active feeds.
  • "Auth Failed" means that authorisation was unsuccessful for some reason. This could be because a two-factor authentication prompt was not entered in time, or it was never sent by the bank, or authorisation failed because the bank threw an error.
  • These stats do not cover additional issues that may occur following a "successful" sync, such as delayed, missing or duplicate transactions.
  • Data is current as of 03 September, 2024

We keenly await open banking legislation in Canada to force the banks to work in a more open, customer-centric way. For the moment, we can only recommend that people look at moving their business to banks that provide more reliable connections, through working with third-party aggregation services like Yodlee and Plaid.

Provider Name

Yodlee % Success


Plaid % Success


Yodlee % Error


Plaid % Error


Yodlee % Auth Failed Plaid % Auth Failed
American Express 53 87 3 0 45 13
ATB Online - Personal 0 13 0 0 100 88
BMO Bank of Montreal 70 82 2 0 27 18
Canadian Tire Bank 78 93 3 0 19 7
Capital One 10
0
90
CIBC 29 7 12 0 59 93
Desjardins 54 53 7 0 39 47
EQ Bank 22
22
56
MBNA 0
14
86
National Bank of Canada 29 83 29 3 43 13
President's Choice Financial 0 28 71 0 29 72
Questrade 18
16
66
RBC Royal Bank 40 57 4 0 56 43
Rogers bank 58
4
38
Scotiabank 46 54 6 0 48 46
Simplii Financial 58 0 13 0 29 100
Sun Life 20
5
75
Tangerine 53 86 3 0 44 14
TD Canada Trust 50 54 4 0 46 46
TD WebBroker (Canada) 42
8
50
Wealthsimple (WASI) 2
19
79
Wise (CA)
100
0
0

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