
Canada is home to many massive corporations that have made significant contributions to the country's economy. The largest companies in Canada are a mix of old and new players, with some having been around for over a century.
Here are some of the top companies in Canada, ranked by their market capitalization:
The top 5 largest companies in Canada are Royal Bank of Canada, Toronto-Dominion Bank, Enbridge Inc., Canadian National Railway Company, and Bank of Nova Scotia.
Royal Bank of Canada tops the list with a market capitalization of over $150 billion, followed closely by Toronto-Dominion Bank with over $140 billion.
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Top 10 Largest Companies
Canada is home to some of the world's largest and most influential companies. Among the top 10 largest companies in Canada, we have some notable players.
The Canadian Imperial Bank of Commerce has a market cap of $66.65 billion USD, making it a significant player in the Canadian financial sector. Enbridge Inc. is another giant, with a market cap of $97.30 billion USD, primarily operating in the Canadian energy sector.
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Here's a snapshot of the top 5 largest companies in Canada by market cap:
The Toronto-Dominion Bank, with a market cap of over $66 billion, is also a significant player in the Canadian financial sector, offering banking and financial services to millions of customers worldwide.
2. TD
The Toronto-Dominion Bank, or TD Bank, is one of Canada's largest and most influential banks. It's headquartered in Toronto and has a significant presence globally, serving over 22 million customers and 85,000 employees worldwide.
TD Bank's revenue in 2019 was $41.1 billion, making it a major player in the Canadian financial sector. It's also one of the top ten banks in North America, and its market capitalization ranks it among the world's largest companies.
TD Bank's history dates back to its founding through a merger of the Bank of Toronto and the Dominion Bank. Today, it's a multinational bank offering a wide range of financial services to its customers.
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Here are some key facts about TD Bank:
- Market Cap: $128.25 Billion USD
- Industry: Canadian Banks—Diversified
- Sector: Canadian Financials
TD Bank's strong presence in the Canadian financial sector makes it a trusted choice among investors looking for stability and growth. Its commitment to innovation and customer service has helped it maintain its position as one of Canada's largest and most influential banks.
Other Notable Companies
In addition to the top companies, there's also a number of other notable companies in Canada that are worth mentioning.
Canadian Tire is a well-known retail company that operates over 490 stores across the country, with a market value of over $20 billion.
Other notable companies include Loblaw Companies Limited, a retail company that operates over 2,400 stores across Canada, and Saputo, a dairy products company that operates in over 50 countries worldwide.
These companies may not be as large as some of the top companies in Canada, but they are still significant players in the country's economy.
Royal of Canada

The Royal Bank of Canada is a financial powerhouse, with a market cap of $179.58 billion USD, making it one of the world's top 100 most valuable companies. It's no surprise that investors regard RBC as a stable and reliable financial institution.
With over 1,300 branches nationwide, RBC has a strong market presence across Canada. Its commitment to serving its customers is evident in the fact that it has around 80,000 employees operating across 55 countries.
RBC's influence extends beyond Canada's borders, with operations in 40 other countries. This multinational presence has helped the bank establish itself as a leader in the global financial sector.
Its financial services and banking offerings are diverse, including personal banking, wealth management, and capital markets. RBC's reputation as a reliable financial institution makes it a top choice for those interested in Canadian financial institutions.
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Canadian Pacific Railway
Canadian Pacific Railway is a vital part of Canada's economy, playing a crucial role in moving goods across North America. It operates a vast rail network that supports Canadian industries and international trade.
As of May 2025, Canadian Pacific Railway holds a market cap of $76 billion, placing it near the top of the largest Canadian corporations in transportation. This significant market value makes it a reliable infrastructure company with strong growth prospects.
Canadian Pacific Railway's importance in logistics makes it a key part of Canada's economy and a critical player in the stock market. Its solid financials and ongoing investments position it as a top contender in Canada's infrastructure sector.
Canadian Pacific Railway Limited is a Canadian company with a market cap of $75.77 billion, operating in the Canadian Industrials sector.
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Global Rankings
Canada's largest companies are making waves globally. Brookfield Asset Management takes the top spot with a revenue of $56,771 million.
The top 5 companies in Canada's Fortune Global 500 rankings are Brookfield Asset Management, Alimentation Couche-Tard, Royal Bank of Canada, Toronto-Dominion Bank, and Magna International.
Brookfield Asset Management's revenue is more than double that of the second-place company, Alimentation Couche-Tard. Alimentation Couche-Tard's revenue is $51,394 million.
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The Royal Bank of Canada comes in third with a revenue of $44,609 million. This is a significant amount, and it's no surprise that it's one of Canada's largest companies.
Here are the top 5 companies in Canada's Fortune Global 500 rankings, ranked by revenue:
Toronto-Dominion Bank and Magna International round out the top 5, with revenues of $41,199 million and $40,827 million respectively.
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