Banking in Canada

Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 90% of the market share. The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It is widely considered one of the safest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008.

Banking in Canada

Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 90% of the market share. The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It is widely considered one of the safest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008.