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Executive Roundtable

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 the Associate News Editor at CEOWORLD Magazine, where he leads coverage of global financial trends, corporate leadership, and strategic communications. With over 15 years of experience in corporate finance, investor relations, and business journalism, Harris brings deep industry insight to every editorial decision.

Prior to joining CEOWORLD, he held leadership roles in finance media and worked as a senior advisor to multinational firms on financial messaging and crisis communications. His editorial style is grounded in data but shaped by narrative, delivering content that supports executives in making informed and strategic decisions. At CEOWORLD, he manages a team that produces feature stories, market outlooks, and brand reputation analysis for a global C-suite audience.

Harris holds a degree in Finance and an MBA in Strategic Management. He’s a frequent guest on business podcasts and contributes to thought leadership forums on corporate responsibility, investor engagement, and media transparency. With a passion for clarity and credibility in financial storytelling, Harris ensures that CEOWORLD’s readers have access to timely, accurate, and actionable business intelligence—bridging the gap between raw data and executive strategy.

Email Harris Williams at harris@ceoworld.biz