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Canada’s Largest Companies by market capitalization, 2024

As of February 18, 2025, the Royal Bank Of Canada is the most valuable company in Canada, with a market cap of $168 billion. Following it are Toronto-Dominion Bank ($105 billion) and BROOKFIELD ASSET MANAGEMENT LTD. ($96.57 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$168 billion
2THE TORONTO-DOMINION BANK$105 billion
3BROOKFIELD ASSET MANAGEMENT LTD.$96.57 billion
4ENBRIDGE INC.$93.94 billion
5BROOKFIELD CORPORATION$91.83 billion
6THOMSON REUTERS CORPORATION$78.23 billion
7CONSTELLATION SOFTWARE INC.$73.81 billion
8BANK OF MONTREAL$73.78 billion
9CANADIAN PACIFIC KANSAS CITY LIMITED$72.4 billion
10CANADIAN NATIONAL RAILWAY COMPANY$63.77 billion
11CANADIAN NATURAL RESOURCES LIMITED$63.56 billion
12THE BANK OF NOVA SCOTIA$63 billion
13CANADIAN IMPERIAL BANK OF COMMERCE$58.54 billion
14MANULIFE FINANCIAL CORPORATION$51.17 billion
15SUNCOR ENERGY INC.$49.09 billion
16ALIMENTATION COUCHE-TARD INC.$48.41 billion
17TC ENERGY CORPORATION$45.98 billion
18LOBLAW COMPANIES LIMITED$37.89 billion
19INTACT FINANCIAL CORPORATION$36.28 billion
20IMPERIAL OIL LIMITED$35.3 billion
21NATIONAL BANK OF CANADA$34.85 billion
22GREAT-WEST LIFECO INC.$33.93 billion
23FAIRFAX FINANCIAL HOLDINGS LIMITED$31.66 billion
24SUN LIFE FINANCIAL INC.$31.62 billion
25BARRICK GOLD CORPORATION$31 billion
26WHEATON PRECIOUS METALS CORP.$30.65 billion
27CENOVUS ENERGY INC.$27.95 billion
28DOLLARAMA INC.$27.29 billion
29CGI INC.$27.03 billion
30FRANCO-NEVADA CORPORATION$26.65 billion

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Harris Williams, Ph.D.
Harris Williams, PhD in Leadership and Media Governance, is Associate News Editor at CEOWORLD Magazine, specialising in global finance, corporate leadership, investor relations, and strategic...

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