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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 September 17, 2024, the Royal Bank Of Canada is the most valuable company in Canada, with a market cap of $174 billion. Following it are Toronto-Dominion Bank ($110 billion) and ENBRIDGE INC. ($89.58 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$174 billion
2THE TORONTO-DOMINION BANK$110 billion
3ENBRIDGE INC.$89.58 billion
4CANADIAN PACIFIC KANSAS CITY LIMITED$81.38 billion
5BROOKFIELD CORPORATION$77.75 billion
6THOMSON REUTERS CORPORATION$77.65 billion
7CANADIAN NATIONAL RAILWAY COMPANY$75.87 billion
8CANADIAN NATURAL RESOURCES LIMITED$68.56 billion
9CONSTELLATION SOFTWARE INC.$67.86 billion
10THE BANK OF NOVA SCOTIA$65.07 billion
11BANK OF MONTREAL$63.27 billion
12CANADIAN IMPERIAL BANK OF COMMERCE$58.05 billion
13ALIMENTATION COUCHE-TARD INC.$52.79 billion
14MANULIFE FINANCIAL CORPORATION$50.02 billion
15TC ENERGY CORPORATION$48.47 billion
16SUNCOR ENERGY INC.$46.63 billion
17LOBLAW COMPANIES LIMITED$40.49 billion
18BARRICK GOLD CORPORATION$35.93 billion
19IMPERIAL OIL LIMITED$35.37 billion
20INTACT FINANCIAL CORPORATION$33.39 billion
21SUN LIFE FINANCIAL INC.$32.59 billion
22NATIONAL BANK OF CANADA$31.76 billion
23BCE INC.$31.33 billion
24GREAT-WEST LIFECO INC.$31.18 billion
25CENOVUS ENERGY INC.$30.51 billion
26DOLLARAMA INC.$28.27 billion
27WHEATON PRECIOUS METALS CORP.$28.22 billion
28FAIRFAX FINANCIAL HOLDINGS LIMITED$27.43 billion
29CGI INC.$26.11 billion
30TELUS CORPORATION$25.26 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.