Final answer:
The Big Five Schedule I banks in Canada are RBC Royal Bank, Scotiabank, BMO Bank of Montreal, TD Canada Trust, and CIBC, which are major players in the financial sector and listed on the Toronto Stock Exchange.
Step-by-step explanation:
The Big Five Schedule I banks in Canada are RBC Royal Bank, Scotiabank, BMO Bank of Montreal, TD Canada Trust, and CIBC. These are the largest banks in terms of national presence and total assets, and they hold a significant portion of Canadian banking assets. The Big Five are all publicly traded on the Toronto Stock Exchange and offer a diverse range of financial services, including personal and commercial banking, wealth management, and investment banking.