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CEOWORLD magazine - Latest - Banking and Finance - Canada’s Largest Companies by market capitalization, 2024

Banking and Finance

Canada’s Largest Companies by market capitalization, 2024

As of November 19, 2024, 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 ($98.15 billion) and ENBRIDGE INC. ($92.47 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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1ROYAL BANK OF CANADA$173 billion
2THE TORONTO-DOMINION BANK$98.15 billion
3ENBRIDGE INC.$92.47 billion
4BROOKFIELD CORPORATION$84.44 billion
5THOMSON REUTERS CORPORATION$72.32 billion
6CANADIAN NATURAL RESOURCES LIMITED$70.87 billion
7CANADIAN PACIFIC KANSAS CITY LIMITED$68.92 billion
8THE BANK OF NOVA SCOTIA$68.21 billion
9CANADIAN NATIONAL RAILWAY COMPANY$68.04 billion
10BANK OF MONTREAL$67.69 billion
11CONSTELLATION SOFTWARE INC.$67.12 billion
12CANADIAN IMPERIAL BANK OF COMMERCE$60.33 billion
13MANULIFE FINANCIAL CORPORATION$56.53 billion
14ALIMENTATION COUCHE-TARD INC.$52.88 billion
15TC ENERGY CORPORATION$51.67 billion
16SUNCOR ENERGY INC.$51.19 billion
17IMPERIAL OIL LIMITED$38.98 billion
18LOBLAW COMPANIES LIMITED$38.37 billion
19SUN LIFE FINANCIAL INC.$34.86 billion
20INTACT FINANCIAL CORPORATION$34.07 billion
21NATIONAL BANK OF CANADA$32.78 billion
22GREAT-WEST LIFECO INC.$32.6 billion
23FAIRFAX FINANCIAL HOLDINGS LIMITED$30.02 billion
24BARRICK GOLD CORPORATION$29.99 billion
25DOLLARAMA INC.$29.71 billion
26CENOVUS ENERGY INC.$29.15 billion
27WHEATON PRECIOUS METALS CORP.$27.55 billion
28BCE INC.$24.78 billion
29CGI INC.$24.65 billion
30CAMECO CORPORATION$24.28 billion

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CEOWORLD magazine - Latest - Banking and Finance - Canada’s Largest Companies by market capitalization, 2024
Harris Williams
Associate News Editor at CEOWORLD Magazine, specializing in data-led features with experience in breaking news, investigations, opinion, and analysis. I write data-led features on topics from banking to finance and work with developers and designers to create interactives and infographics.