@ thinking has it for the banking part. I hope you know it is very hard to get a visa for Canada if you are retired.
http://www.cic.gc.ca/app/ctcvac/english/...
IF you are a UK citizen, who is receiving a pension, you are VERY unlikely to get Canadian Government APPROVAL to live here.
Canada does NOT have a Immigration category for Seniors.
Canada is looking for younger , able bodied , persons, and their families, who are EMPLOYABLE, and who will PAY taxes into our economy, for many years, BEFORE they can retire here.
Not going to happen.
Jim B
Toronto.
Yes you can. You will have to have your visa in hand and a social insurance number to open a bank account. Do you know that a British pension is frozen when you live in Canada? No inflation or cost of living expense rises.
