Mexican Culture in Canada

By Remitbee - Apr 18, 2022

¡Qué onda! We are constantly working to expand our global reach for online money transfer services, and we’ve recently added Mexico to the list of countries to which you can remit money. You can now use Remitbee to get some of the most competitive CAD to Mexican peso (MXN) exchange rates and send money quickly and securely to your loved ones. What’s more, transfers of $500 and over are free.

Mexican culture

Mexico is a major economy in Latin America as well as a place of rich culture and natural beauty. The many geographical areas of Mexico have developed with differences because of being settled in different ways, their landscape and the ethnicities that live there. The north has a mostly Spanish mix of a population, while the south is more of a mix of native peoples. For thousands of years, great civilizations flourished on the lands where present-day Mexico stands. These include the Aztec, Mayan, and Olmec civilizations. The Mayans are known for the great pyramids and temples they built, and today they are a major tourist attraction. Before Spanish settlers arrived, the Aztec empire ruled until 1521. Mexico finally gained independence from the Spanish in 1821. Today, it is a country of great natural wealth through oil, but income inequality and poverty persist.

Mexican holidays

Many Mexican holidays are based on Christian feast days. Yet the most famous holiday that has become popular internationally in recent years is completely indigenous. This is Day of the Dead (Día de los Muertos) on November 1st . This is also known as All Saints Day. In the weeks before the Day of the Dead, families pay tribute to their loved ones who have died. Major parts of the celebration are decorated tombs and mini altars in homes, as well as the consumption of food shaped like skulls. Unlike in some places, death is seen as something natural and not scary. The Mexicans who celebrate honour their ancestors and believe they can communicate with them.

Mexican Canadians

Mexican Canadians are a significant population of immigrants, and 96,055 Canadians identified themselves as having Mexican heritage in 2011. Other than the United States, which has 37 million people who are of Mexican background, Canada has the largest population of Mexican-origin people outside of Mexico. The total number of Mexican immigrants in Canada as of 2016 was 80,585 immigrants. The majority of immigrants from Mexico live in the province of Ontario and to a lesser extent Alberta. There are also some in other smaller communities around Canada. After Ontario and Alberta, the largest numbers of Mexican immigrants live in Quebec, British Columbia, and Manitoba. Around 5,000 Mexicans come as temporary workers in agriculture or as students. In Leamington, they are many Mexicans who work as harvesters for tomato and cucumber farms. British Columbia also has many Mexicans working in the Okanagan Valley. These labourers harvest in the orchards of the province and also work for the wine industry. Many Mexicans in Canada still maintain ties with their home country. For Mexicans in Canada looking to exchange CAD to Mexican peso (MXN) Remitbee can help. We offer high security, low and transparent fees, and a good exchange rate of Canadian Dollars to Mexican pesos (MXN). Our transfers also go directly to Mexico bank accounts.

Partner banks in Mexico

Ranked in terms of assets, the top banks are BBVA Bancomer, Santander, Citibanamex, Banorte, and HSBC respectively. BBVA Bancomer leads in both assets, deposits and number of locations. It last reported assets totalling a whopping 136 billion USD. Santander Mexico is a subsidiary of the Spanish Santander Group. It had 73 billion USD in assets in 2019 and has almost 2,000 branches across the country. Banorte has been awarded for its work and held the title of Bank of the Year for Mexico as well as Best Mexican Bank by Global Finance. Citibanamex, also called Banco Nacional de México, is the Mexican arm of the international Citibank banking brand. It ranks fourth in terms of overall assets among banks in Mexico. HSBC Mexico is a major institution and has 5,600 ATMs and over 950 branches across the country. It has been ranked as the safest bank in the country and Latin America by Global Finance. Grupo Financiero HSBC operates through a number of subsidiaries. These include Banco HSBC Mexico, HSBC Seguros, HSBC Casa de Bolsa, HSBC Global Asset Management (Mexico) and HSBC Servicios.

Sending money to Mexico for a low fee at a great exchange rate is what Remitbee is all about. We offer easy CAD to Mexican peso (MXN) transfers. Your money will be sent quickly and in a secure manner directly into a Mexican account.

Just sign up and verify your account with your family or friend's info to initiate a transfer. We’ll handle the rest.

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