List of largest companies in Canada

This article lists the largest companies in Canada in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2023 Fortune list

This list displays all 14 Canadian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2022.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Fortune 500
rank 		Name Industry Revenue
(USD millions) 		Profits
(USD millions) 		Employees Headquarters
1 117 Brookfield Asset Management Finance 92,769 2,056 202,500 Toronto
2 214 Alimentation Couche-Tard Retail 62,810 2,683 122,000 Laval
3 270 Royal Bank of Canada Banking 52,062 12,265 91,427 Toronto
4 277 Cenovus Energy Oil and Gas 51,406 4,956 5,998 Calgary
5 294 Toronto-Dominion Bank Banking 48,700 13,535 94,945 Toronto
6 327 Suncor Energy Oil and Gas 44,928 6,975 16,558 Calgary
7 336 George Weston Limited Retail 43,838 1,396 221,285 Toronto
8 365 Enbridge Oil and Gas 40,964 2,308 12,050 Calgary
9 392 Nutrien Agriculture 37,884 7,660 24,700 Saskatoon
10 394 Magna International Automotive parts 37,840 592 158,000 Aurora
11 399 Power Corporation of Canada Finance 37,419 1,510 37,300 Montreal
12 415 Scotiabank Banking 36,390 7,701 90,979 Toronto
13 433 Bank of Montreal Banking 34,730 10,513 46,722 Montreal
14 471 Canadian Natural Resources Oil and Gas 32,503 8,404 10,035 Calgary

2019 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The location of each company's headquarters and its industry sector are also listed in the table below.The figures are in billions of US dollars and are for the year 2018. All 56 companies from Canada are listed.[2]

Rank Forbes
2000 rank 		Name Headquarters Revenue
(billions
US$) 		Profit
(billions
US$) 		Assets
(billions
US$) 		Value
(billions
US$) 		Industry
1 41 Royal Bank of Canada Toronto 46.3 9.6 1,040.3 114.9 Banking
2 46 Toronto-Dominion Bank Toronto 42.5 8.7 1,007.0 103.8 Banking
3 87 Scotiabank Toronto 32.4 6.4 787.5 67.1 Banking
4 118 Brookfield Asset Management Toronto 57.6 3.6 256.3 46.0 Finance
5 134 Bank of Montreal Montreal 26.2 4.6 614.2 50.4 Banking
6 166 Manulife Toronto 28.4 3.7 517.8 36.2 Insurance
7 174 Enbridge Calgary 36.1 2.2 122.2 75.3 Oil and Gas
8 190 Canadian Imperial Bank of Commerce Toronto 20.2 3.9 486.0 36.8 Banking
9 229 Suncor Energy Calgary 29.7 2.5 65.6 52.6 Oil and Gas
10 273 Sun Life Financial Toronto 23.4 2.0 196.0 24.5 Insurance
11 341 Bell Canada Montreal 18.1 2.3 41.8 40.9 Telecommunication
12 342 Canadian Natural Resources Calgary 16.2 2.0 53.9 37.6 Oil and Gas
13 346 TC Energy Calgary 10.3 2.9 72.4 43.2 Oil and Gas
14 364 Alimentation Couche-Tard Laval 59.7 2.0 22.2 33.7 Retail
15 388 Canadian National Railway Montreal 11.0 3.3 30.5 67.9 Transportation
16 397 Power Corporation of Canada Montreal 40.0 1.0 326.7 11.4 Finance
17 427 Magna International Aurora 40.8 2.3 25.9 18.3 Automotive parts
18 501 National Bank of Canada Montreal 8.4 1.7 200.5 15.9 Banking
19 566 Rogers Communications Toronto 11.6 1.6 23.4 26.6 Telecommunication
20 623 Teck Resources Vancouver 9.7 2.4 29.0 14.1 Mining
21 625 Telus Vancouver 10.9 1.2 24.2 22.4 Telecommunication
22 674 Husky Energy Calgary 17.1 1.1 26.6 10.9 Oil and Gas
23 678 Nutrien Saskatoon 19.6 0.0 45.5 32.3 Agriculture
24 744 George Weston Limited Toronto 37.5 0.4 32.1 11.7 Retail
25 766 Fairfax Financial Toronto 18.2 0.4 64.4 13.7 Insurance
26 771 Fortis Inc. St. John's 6.5 0.9 39.9 16.1 Utilities
27 828 Canadian Pacific Railway Calgary 5.6 1.5 15.7 30.3 Transportation
28 897 Pembina Pipeline Calgary 5.8 1.0 19.5 19.0 Oil and Gas
29 974 CGI Inc. Montreal 9.0 0.9 9.4 19.5 IT services
30 985 Cenovus Energy Calgary 16.1 −2.2 26.3 12.4 Oil and Gas
31 1035 Thomson Reuters Toronto 5.5 0.5 17.0 30.1 Media
32 1043 Intact Financial Toronto 8.0 0.5 20.2 11.6 Insurance
33 1056 Onex Corporation Toronto 25.1 −0.6 45.4 6.0 Finance
34 1072 Restaurant Brands International Toronto 5.4 0.6 20.1 17.1 Restaurants
35 1084 Barrick Gold Toronto 7.3 −1.6 22.6 23.2 Mining
36 1134 Encana Calgary 5.5 1.1 15.3 10.8 Oil and Gas
37 1158 Saputo Inc. Montreal 10.0 0.6 7.4 13.3 Food processing
38 1191 IA Financial Group Quebec City 8.1 0.5 45.8 4.2 Insurance
39 1275 Waste Connections Vaughan 4.9 0.5 12.6 23.3 Waste management
40 1292 Bausch Health Laval 8.4 −4.3 32.5 8.1 Pharmaceuticals
41 1310 Bombardier Inc. Montreal 16.2 0.2 25.0 5.0 Aerospace and defense
42 1317 Metro Inc. Montreal 12.2 0.5 8.0 9.4 Retail
43 1341 Emera Halifax 4.9 0.6 23.7 8.9 Utilities
44 1365 Alectra Mississauga 4.8 0.6 19.4 9.6 Utilities
45 1396 Canadian Tire Toronto 10.8 0.5 12.7 6.9 Retail
46 1480 Lululemon Athletica Vancouver 3.3 0.5 2.1 22.5 Retail
47 1578 Air Canada Montreal 13.9 0.1 14.1 6.6 Airline
48 1586 First Quantum Minerals Toronto 4.1 0.4 23.5 8.2 Mining
49 1717 Empire Company Stellarton 19.0 0.3 7.1 6.0 Conglomerate
50 1738 Shopify Ottawa 1.1 −0.1 2.3 24.4 E-commerce
51 1744 Advanz Pharma Mississauga 0.5 1.5 1.8 0.8 Pharmaceuticals
52 1757 Constellation Software Toronto 3.1 0.4 2.9 18.7 IT services
53 1805 Canadian Utilities Calgary 3.4 0.5 16.0 7.6 Utilities
54 1940 Laurentian Bank of Canada Montreal 1.4 0.2 34.4 1.3 Banking
55 1975 Goldcorp Vancouver 3.0 −4.2 17.0 9.4 Mining
56 1978 CAPREIT Toronto 0.5 0.9 7.9 5.5 Real estate

See also

References

  1. ^ "Global 500". Fortune. Retrieved 2019-07-25.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2019-07-25.