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Canada is widely known for having a large number of publicly traded companies, and some of them are doing very well. What’s interesting here is that there are a plethora of companies that are publicly traded which managed to do very well the past few years. But the question is, which are some of the largest publicly traded companies in Canada at this time?
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Here is a brief summary of some of the largest Canadian that are publicly traded.
Royal Bank Of Canada
The Royal Bank Of Canada has a market cap of CAD$186.286B and it is the largest bank when it comes to market capitalization. Even if its revenue has dropped a little bit when compared to the past year, it’s still one of the largest publicly traded companies in Canada. In addition, they also announced that they want to acquire HSBC Canada, which is the 7th bank in the country when compared to market size. However, that deal is waiting the regulatory approval.
Toronto Dominion Bank
The second company in this list is also a bank, more specifically the Toronto Dominion Bank. The company has a market cap of CAD$162.367B and they also have over 80k people hired all over the country. In addition, they have over 27 million customers, and it’s a country with clients all over the globe. That goes to show its growth, exposure and unique efficiency.
Enbridge
Enbridge is coming with a CAD$113.43B and it gets the third spot on this list. With that in mind, this is a company within the oil and gas niche, and it’s known for dominating that particular industry in the country. It’s widely known for investing in large projects like pipeline systems, while also transporting over 32 billion barrels of crude oil in the last decade.
Canadian National Railways
With CAD$111.867B as a market cap, the Canadian National Railways impress everyone since they are one of the largest and most successful companies in the country. CN has clients in the automotive, food, coal, chemical, fertilizer industries and many others.
Canadian Pacific Railways
The top 5 also features Canadian Pacific Railway, with a market cap of CAD$98.63B. They have been around since 1881, and the company continues to grow, while also covering a vast range of industries. It has over 13k employees, and it continues to shine with its great services. It’s also said to become the first railroad that caters to the largest North American countries. There are many different publicly traded companies in Canada, but these are by far the largest. It’s safe to say that these pertain to different industries, but oil and gas as well as finances tend to be extremely important and in extremely high demand!
The largest stock exchange in Canada is the Toronto Stock Exchange. For more info about the Toronto Stock Exchange, visit their site.
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