Canada’s Largest Companies by market capitalization, 2024
As of January 24, 2025, the Royal Bank Of Canada is the most valuable company in Canada, with a market cap of $173 billion. Following it are Toronto-Dominion Bank ($100 billion) and ENBRIDGE INC. ($97.7 billion).
Which one is the most valuable in Canada by market cap?
This list comprises the biggest companies currently in Canada by market cap in 2024:
Canada’s Largest Companies by market capitalization, 2024
RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
---|---|---|
1 | ROYAL BANK OF CANADA | $173 billion |
2 | THE TORONTO-DOMINION BANK | $100 billion |
3 | ENBRIDGE INC. | $97.7 billion |
4 | BROOKFIELD CORPORATION | $89.8 billion |
5 | CANADIAN PACIFIC KANSAS CITY LIMITED | $74.69 billion |
6 | THOMSON REUTERS CORPORATION | $74.12 billion |
7 | BANK OF MONTREAL | $73.11 billion |
8 | CANADIAN NATURAL RESOURCES LIMITED | $67.49 billion |
9 | CONSTELLATION SOFTWARE INC. | $67.26 billion |
10 | CANADIAN NATIONAL RAILWAY COMPANY | $66.79 billion |
11 | THE BANK OF NOVA SCOTIA | $63.59 billion |
12 | CANADIAN IMPERIAL BANK OF COMMERCE | $59.98 billion |
13 | MANULIFE FINANCIAL CORPORATION | $53 billion |
14 | ALIMENTATION COUCHE-TARD INC. | $50.61 billion |
15 | SUNCOR ENERGY INC. | $49.59 billion |
16 | TC ENERGY CORPORATION | $48.89 billion |
17 | LOBLAW COMPANIES LIMITED | $39.25 billion |
18 | IMPERIAL OIL LIMITED | $37.13 billion |
19 | SUN LIFE FINANCIAL INC. | $33.8 billion |
20 | INTACT FINANCIAL CORPORATION | $32.24 billion |
21 | NATIONAL BANK OF CANADA | $30.94 billion |
22 | FAIRFAX FINANCIAL HOLDINGS LIMITED | $30.79 billion |
23 | GREAT-WEST LIFECO INC. | $30.1 billion |
24 | BARRICK GOLD CORPORATION | $27.63 billion |
25 | CENOVUS ENERGY INC. | $27.43 billion |
26 | DOLLARAMA INC. | $27.21 billion |
27 | WHEATON PRECIOUS METALS CORP. | $26.74 billion |
28 | NUTRIEN LTD. | $26.59 billion |
29 | CGI INC. | $25.09 billion |
30 | FRANCO-NEVADA CORPORATION | $24.92 billion |
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