This is the absolute best method for sending or receiving Canadian Dollars using a Canadian based financial institution bar none.
Better than bitcoin, skrill, neteller, wire, etc etc etc. Not even close.
Pinnacle now offering this payment method for transactions up to $3000 CAD.
Many banks and/or credit unions charge $1.50 to send an Interac e-Transfer, receiving is always free. There are also institutions that offer free Interac e-Transfers. Transfers take a maximum of 60 minutes to process but usually are much faster.