Company Rankings

Largest Companies in Canada (2026)

The 25 largest Canadian public companies by revenue, ranked on Forbes Global 2000 2026 data, led by RBC, TD Bank Group and Brookfield.

The largest companies in Canada by revenue are led by the country's big banks, followed by asset managers, insurers, energy producers, pipelines and food retailers. This list ranks the 25 Canadian public companies with the highest revenue in the Forbes Global 2000 2026, published on 24 June 2026.

Royal Bank of Canada leads with revenue of US$97.8bn, ahead of TD Bank Group (US$88.0bn) and Brookfield Corporation (US$77.6bn). Forbes counts 64 Canadian companies in its 2026 Global 2000, while Fortune's Global 500 2026, which uses a higher revenue threshold, includes 14.

All figures are in US dollars as published by Forbes, based on the latest 12 months of financial data available as of 15 May 2026.

Contents
  1. Composition of the ranking
  2. Methodology
  3. The list
  4. Ranking table
  5. Frequently asked questions
  6. See also

Composition of the ranking

Financial companies make up the largest group in the Canadian top 25. Six banks appear, RBC, TD, BMO, Scotiabank, CIBC and National Bank, together with the insurers and financial holding companies Fairfax, Manulife, Power Corporation, Sun Life and Intact, and the asset manager Brookfield. Energy accounts for four entries, Enbridge, Suncor, Cenovus and Canadian Natural Resources, and the resource sector also contributes the fertiliser producer Nutrien and the miner Barrick.

Food retail is represented by three groups: George Weston, which controls Loblaw, Empire and Metro. The largest non-financial company is Alimentation Couche-Tard, the convenience-store operator, which ranks fourth overall.

Methodology

Entries are the 25 companies that Forbes assigns to Canada in the Global 2000 2026, re-ordered by the revenue (sales) figure Forbes publishes for each company rather than by Forbes's composite rank. Forbes's Global 2000 ranks the largest public companies using four measures, sales, profits, assets and market value, and uses the latest 12 months of financial data available as of 15 May 2026.

Because the Global 2000 covers only publicly traded companies, large private, cooperative and Crown-owned enterprises are not included. Revenue definitions for banks and insurers differ between compilers, so totals are not directly comparable with Fortune's; for example, Fortune's figures for the five largest banks cover fiscal years ended 31 October 2025. Forbes's composite Global 2000 rank is shown in each entry for reference.

The list

1

Royal Bank of Canada

Best for: Banking

Royal Bank of Canada (RBC) is the largest Canadian company by revenue in Forbes's 2026 data, at US$97.8bn, and the highest-ranked Canadian company in the Global 2000, at 24th. It operates personal and commercial banking, wealth management, insurance and capital markets segments, and its market value of US$256.3bn is the highest in Canada. Fortune's figures for RBC cover the fiscal year ended 31 October 2025.

Revenue (latest 12 months, Forbes)
US$97.8bn
Profit
US$15.1bn
Assets
US$1,729.8bn
Market value (Forbes)
US$256.3bn
Industry (Forbes)
Banking
Headquarters
Toronto, Canada
Employees
96,628
Forbes Global 2000 2026 rank
24
2

TD Bank Group

Best for: Banking

Toronto-Dominion Bank (TD Bank Group) operates Canadian personal and commercial banking, a US retail bank, wealth management and insurance, and wholesale banking. Its revenue of US$88.0bn is second in Canada, and its profit of US$15.6bn is the highest of any Canadian company in Forbes's data.

Revenue (latest 12 months, Forbes)
US$88.0bn
Profit
US$15.6bn
Assets
US$1,550.3bn
Market value (Forbes)
US$182.1bn
Industry (Forbes)
Banking
Headquarters
Toronto, Canada
Forbes Global 2000 2026 rank
34
3

Brookfield Corporation

Best for: Asset management

Brookfield Corporation is a Toronto-based alternative asset manager and investor whose segments cover asset management, wealth solutions, renewable power and transition, infrastructure, private equity and real estate. Its revenue of US$77.6bn compares with profit of US$1.3bn, and Forbes lists 250,000 employees, the most in the Canadian top 25.

Revenue (latest 12 months, Forbes)
US$77.6bn
Profit
US$1.3bn
Assets
US$519.6bn
Market value (Forbes)
US$101.9bn
Industry (Forbes)
Diversified Financials
Headquarters
Toronto, Canada
Employees
250,000
Forbes Global 2000 2026 rank
224
4

Alimentation Couche-Tard

Best for: Convenience retail

Alimentation Couche-Tard, based in Laval, Quebec, operates convenience stores and fuel stations, mainly under company-operated and franchised formats in the United States, Europe and other regions. It is the largest non-financial company in Canada by revenue, at US$73.3bn. Fortune's figures for the company use a fiscal year ending in April.

Revenue (latest 12 months, Forbes)
US$73.3bn
Profit
US$2.7bn
Assets
US$40.9bn
Market value (Forbes)
US$52.4bn
Industry (Forbes)
Retailing
Headquarters
Laval, Canada
Employees
146,000
Forbes Global 2000 2026 rank
341
5

BMO (Bank of Montreal)

Best for: Banking

Bank of Montreal (BMO) operates Canadian and US personal and commercial banking, wealth management and capital markets businesses. Forbes lists its headquarters as Montreal; its revenue was US$55.2bn and profit US$6.5bn in the 2026 data. Its Fortune figures cover the fiscal year ended 31 October 2025.

Revenue (latest 12 months, Forbes)
US$55.2bn
Profit
US$6.5bn
Assets
US$1,076.8bn
Market value (Forbes)
US$107.7bn
Industry (Forbes)
Banking
Headquarters
Montréal, Canada
Employees
53,234
Forbes Global 2000 2026 rank
80
6

Scotiabank (Bank of Nova Scotia)

Best for: Banking

The Bank of Nova Scotia (Scotiabank) provides personal, commercial, corporate and investment banking through Canadian banking, international banking, global wealth management and global banking and markets segments. It reported revenue of US$50.9bn and employs 86,431 people, second among the Canadian banks to RBC in Forbes's data.

Revenue (latest 12 months, Forbes)
US$50.9bn
Profit
US$6.4bn
Assets
US$1,090.0bn
Market value (Forbes)
US$95.1bn
Industry (Forbes)
Banking
Headquarters
Toronto, Canada
Employees
86,431
Forbes Global 2000 2026 rank
92
7

Enbridge

Best for: Energy pipelines

Enbridge is a Calgary-based energy infrastructure company with liquids pipelines, gas transmission, gas distribution and storage, and renewable power segments. Revenue was US$50.2bn, and its market value of US$120.8bn is the highest among Canadian non-financial companies.

Revenue (latest 12 months, Forbes)
US$50.2bn
Profit
US$5.0bn
Assets
US$163.5bn
Market value (Forbes)
US$120.8bn
Industry (Forbes)
Utilities
Headquarters
Calgary, Canada
Employees
14,800
Forbes Global 2000 2026 rank
145
8

George Weston

Best for: Food retail

George Weston is a Toronto company that reports through two segments, the Loblaw grocery, pharmacy and general-merchandise business and Choice Properties. It has about 220,000 employees, second in the Canadian top 25 after Brookfield, and revenue of US$46.9bn.

Revenue (latest 12 months, Forbes)
US$46.9bn
Profit
US$843m
Assets
US$37.3bn
Market value (Forbes)
US$26.1bn
Industry (Forbes)
Food Markets
Headquarters
Toronto, Canada
Employees
220,000
Forbes Global 2000 2026 rank
664
9

Fairfax Financial Holdings

Best for: Insurance

Fairfax Financial Holdings is a Toronto-based property and casualty insurance and reinsurance holding company that also manages investments. It reported revenue of US$44.5bn and profit of US$4.5bn in Forbes's 2026 data.

Revenue (latest 12 months, Forbes)
US$44.5bn
Profit
US$4.5bn
Assets
US$107.4bn
Market value (Forbes)
US$36.4bn
Industry (Forbes)
Insurance
Headquarters
Toronto, Canada
Employees
51,000
Forbes Global 2000 2026 rank
274
10

Manulife Financial

Best for: Insurance

Manulife Financial provides insurance, wealth and asset management in Asia, Canada and the United States. The Toronto company's revenue of US$44.3bn places it 10th in Canada in Forbes's data, although it is not among the 14 Canadian companies in Fortune's Global 500 2026.

Revenue (latest 12 months, Forbes)
US$44.3bn
Profit
US$4.5bn
Assets
US$735.6bn
Market value (Forbes)
US$63.0bn
Industry (Forbes)
Banking and Financial Services
Headquarters
Toronto, Canada
Employees
37,000
Forbes Global 2000 2026 rank
157
11

CIBC (Canadian Imperial Bank of Commerce)

Best for: Banking

Canadian Imperial Bank of Commerce (CIBC) runs personal and business banking, commercial banking and wealth management in Canada and the United States, together with capital markets. Revenue was US$44.0bn and profit US$6.7bn, the third-highest among Canadian banks after TD and RBC.

Revenue (latest 12 months, Forbes)
US$44.0bn
Profit
US$6.7bn
Assets
US$836.4bn
Market value (Forbes)
US$103.3bn
Industry (Forbes)
Banking
Headquarters
Toronto, Canada
Employees
49,824
Forbes Global 2000 2026 rank
99
12

Magna International

Best for: Auto parts

Magna International, based in Aurora, Ontario, designs and manufactures automotive components, including body and structural parts, powertrain and vision systems, and seating, and has a complete-vehicles segment. Revenue was US$42.3bn and it employs 156,000 people.

Revenue (latest 12 months, Forbes)
US$42.3bn
Profit
US$671m
Assets
US$31.7bn
Market value (Forbes)
US$16.8bn
Industry (Forbes)
Consumer Durables
Headquarters
Aurora, Canada
Employees
156,000
Forbes Global 2000 2026 rank
844
13

Power Corporation of Canada

Best for: Financial holding

Power Corporation of Canada is a Montreal holding company whose segments are Lifeco, IGM Financial, GBL and the holding company. It reported revenue of US$39.8bn and assets of US$675.3bn.

Revenue (latest 12 months, Forbes)
US$39.8bn
Profit
US$1.9bn
Assets
US$675.3bn
Market value (Forbes)
US$36.7bn
Industry (Forbes)
Insurance
Headquarters
Montréal, Canada
Employees
41,200
Forbes Global 2000 2026 rank
282
14

Suncor Energy

Best for: Oil and gas

Suncor Energy is an integrated oil company with oil sands, exploration and production, and refining and marketing operations, headquartered in Calgary. Revenue was US$36.9bn and profit US$4.6bn.

Revenue (latest 12 months, Forbes)
US$36.9bn
Profit
US$4.6bn
Assets
US$66.5bn
Market value (Forbes)
US$81.1bn
Industry (Forbes)
Oil & Gas Operations
Headquarters
Calgary, Canada
Employees
15,424
Forbes Global 2000 2026 rank
256
15

Cenovus Energy

Best for: Oil and gas

Cenovus Energy is a Calgary-based integrated oil company with upstream oil sands, conventional and offshore production and downstream refining. It reported revenue of US$35.3bn with 7,211 employees, the smallest workforce among the top 25.

Revenue (latest 12 months, Forbes)
US$35.3bn
Profit
US$3.4bn
Assets
US$46.5bn
Market value (Forbes)
US$58.0bn
Industry (Forbes)
Oil & Gas Operations
Headquarters
Calgary, Canada
Employees
7,211
Forbes Global 2000 2026 rank
333
16

Sun Life Financial

Best for: Insurance

Sun Life Financial provides insurance and asset management to individual and corporate clients in Canada, the United States and Asia. Revenue was US$28.5bn in Forbes's data.

Revenue (latest 12 months, Forbes)
US$28.5bn
Profit
US$2.2bn
Assets
US$285.4bn
Market value (Forbes)
US$39.9bn
Industry (Forbes)
Insurance
Headquarters
Toronto, Canada
Employees
32,151
Forbes Global 2000 2026 rank
298
17

Canadian Natural Resources

Best for: Oil and gas

Canadian Natural Resources produces crude oil and natural gas, including from oil sands mining and upgrading operations, and is based in Calgary. Although 17th by revenue, at US$28.0bn, its US$7.0bn profit is the highest of any Canadian non-bank in the ranking.

Revenue (latest 12 months, Forbes)
US$28.0bn
Profit
US$7.0bn
Assets
US$67.4bn
Market value (Forbes)
US$100.2bn
Industry (Forbes)
Oil & Gas Operations
Headquarters
Calgary, Canada
Employees
10,750
Forbes Global 2000 2026 rank
247
18

Nutrien

Best for: Fertilisers

Nutrien, headquartered in Saskatoon, produces and distributes potash, nitrogen and phosphate fertilisers and has a retail segment that distributes crop nutrients, crop-protection products and seed. Revenue was US$27.8bn.

Revenue (latest 12 months, Forbes)
US$27.8bn
Profit
US$2.4bn
Assets
US$53.9bn
Market value (Forbes)
US$34.4bn
Industry (Forbes)
Chemicals
Headquarters
Saskatoon, Canada
Employees
25,100
Forbes Global 2000 2026 rank
418
19

Empire Company

Best for: Food retail

Empire Company, based in Stellarton, Nova Scotia, is a food retailer and investment holding company. It reported revenue of US$22.8bn and 129,000 employees, while its profit of US$114m is the lowest in the Canadian top 25.

Revenue (latest 12 months, Forbes)
US$22.8bn
Profit
US$114m
Assets
US$12.6bn
Market value (Forbes)
US$7.7bn
Industry (Forbes)
Food Markets
Headquarters
Stellarton, Canada
Employees
129,000
Forbes Global 2000 2026 rank
1765
20

National Bank of Canada

Best for: Banking

National Bank of Canada, headquartered in Montreal, provides personal and commercial banking, wealth management and financial markets services, with a US specialty finance and international segment. Revenue was US$22.3bn and profit US$3.1bn.

Revenue (latest 12 months, Forbes)
US$22.3bn
Profit
US$3.1bn
Assets
US$447.4bn
Market value (Forbes)
US$57.6bn
Industry (Forbes)
Banking
Headquarters
Montreal, Canada
Employees
33,200
Forbes Global 2000 2026 rank
258
21

Intact Financial

Best for: Insurance

Intact Financial is a Toronto-based property and casualty insurer in Canada with specialty lines in North America and operations in the United Kingdom. Revenue was US$21.8bn.

Revenue (latest 12 months, Forbes)
US$21.8bn
Profit
US$2.5bn
Assets
US$45.0bn
Market value (Forbes)
US$33.9bn
Industry (Forbes)
Insurance
Headquarters
Toronto, Canada
Employees
32,000
Forbes Global 2000 2026 rank
497
22

Barrick Mining

Best for: Gold and copper mining

Barrick Mining, described in Forbes's profile under its former name Barrick Gold, produces gold and copper and runs exploration and mine-development operations. The Toronto company reported revenue of US$19.0bn and profit of US$6.1bn.

Revenue (latest 12 months, Forbes)
US$19.0bn
Profit
US$6.1bn
Assets
US$52.6bn
Market value (Forbes)
US$68.0bn
Industry (Forbes)
Materials
Headquarters
Toronto, Canada
Employees
27,000
Forbes Global 2000 2026 rank
344
23

BCE (Bell Canada Enterprises)

Best for: Telecommunications

BCE is the only telecommunications company in the Canadian top 25, providing communications services through Bell and operating the Bell Media business. Based in Verdun, Quebec, it reported revenue of US$17.9bn and profit of US$4.7bn.

Revenue (latest 12 months, Forbes)
US$17.9bn
Profit
US$4.7bn
Assets
US$58.3bn
Market value (Forbes)
US$22.2bn
Industry (Forbes)
Telecommunications Services
Headquarters
Verdun, Canada
Employees
38,683
Forbes Global 2000 2026 rank
500
24

Air Canada

Best for: Airline

Air Canada provides scheduled passenger and cargo services to more than 200 airports on six continents. It is the only airline in the Canadian top 25, with revenue of US$16.6bn.

Revenue (latest 12 months, Forbes)
US$16.6bn
Profit
US$574m
Assets
US$23.7bn
Market value (Forbes)
US$3.9bn
Industry (Forbes)
Transportation
Headquarters
Saint-Laurent, Canada
Forbes Global 2000 2026 rank
1412
25

Metro Inc.

Best for: Food retail

Metro, based in Montreal, operates a network of supermarkets, discount stores and drugstores. Revenue was US$16.2bn and it employs 99,564 people.

Revenue (latest 12 months, Forbes)
US$16.2bn
Profit
US$731m
Assets
US$10.4bn
Market value (Forbes)
US$13.6bn
Industry (Forbes)
Food Markets
Headquarters
Montréal, Canada
Employees
99,564
Forbes Global 2000 2026 rank
1350

Ranking table

RankCompanyIndustry (Forbes)HeadquartersRevenueProfitMarket valueGlobal 2000 rank
1Royal Bank of CanadaBankingTorontoUS$97,817mUS$15,093mUS$256.3bn24
2TD Bank GroupBankingTorontoUS$87,982mUS$15,647mUS$182.1bn34
3Brookfield CorporationDiversified FinancialsTorontoUS$77,615mUS$1,342mUS$101.9bn224
4Alimentation Couche-TardRetailingLavalUS$73,260mUS$2,713mUS$52.4bn341
5BMO (Bank of Montreal)BankingMontréalUS$55,157mUS$6,510mUS$107.7bn80
6Scotiabank (Bank of Nova Scotia)BankingTorontoUS$50,874mUS$6,396mUS$95.1bn92
7EnbridgeUtilitiesCalgaryUS$50,233mUS$4,996mUS$120.8bn145
8George WestonFood MarketsTorontoUS$46,932mUS$843mUS$26.1bn664
9Fairfax Financial HoldingsInsuranceTorontoUS$44,454mUS$4,527mUS$36.4bn274
10Manulife FinancialBanking and Financial ServicesTorontoUS$44,320mUS$4,510mUS$63.0bn157
11CIBC (Canadian Imperial Bank of Commerce)BankingTorontoUS$43,996mUS$6,721mUS$103.3bn99
12Magna InternationalConsumer DurablesAuroraUS$42,323mUS$671mUS$16.8bn844
13Power Corporation of CanadaInsuranceMontréalUS$39,825mUS$1,880mUS$36.7bn282
14Suncor EnergyOil & Gas OperationsCalgaryUS$36,948mUS$4,579mUS$81.1bn256
15Cenovus EnergyOil & Gas OperationsCalgaryUS$35,275mUS$3,358mUS$58.0bn333
16Sun Life FinancialInsuranceTorontoUS$28,511mUS$2,234mUS$39.9bn298
17Canadian Natural ResourcesOil & Gas OperationsCalgaryUS$27,952mUS$7,026mUS$100.2bn247
18NutrienChemicalsSaskatoonUS$27,831mUS$2,392mUS$34.4bn418
19Empire CompanyFood MarketsStellartonUS$22,823mUS$114mUS$7.7bn1765
20National Bank of CanadaBankingMontrealUS$22,311mUS$3,069mUS$57.6bn258
21Intact FinancialInsuranceTorontoUS$21,761mUS$2,490mUS$33.9bn497
22Barrick MiningMaterialsTorontoUS$19,025mUS$6,127mUS$68.0bn344
23BCE (Bell Canada Enterprises)Telecommunications ServicesVerdunUS$17,876mUS$4,661mUS$22.2bn500
24Air CanadaTransportationSaint-LaurentUS$16,613mUS$574mUS$3.9bn1412
25Metro Inc.Food MarketsMontréalUS$16,192mUS$731mUS$13.6bn1350

Frequently asked questions

What is the largest company in Canada?

By revenue, the largest company in Canada is Royal Bank of Canada, with US$97.8bn in Forbes's 2026 Global 2000 data. RBC is also Canada's most valuable company, with a market value of US$256.3bn, and ranks 24th in the Global 2000. Fortune's Global 500 2026 also places RBC first among Canadian companies, at US$98.1bn.

What is the largest non-bank company in Canada?

Brookfield Corporation, the Toronto-based asset manager, has the highest revenue among Canadian companies outside banking, at US$77.6bn, from segments that include renewable power, infrastructure, private equity and real estate. Among operating companies, Alimentation Couche-Tard, the Laval-based convenience-store and fuel retailer, is largest, with US$73.3bn.

How many Canadian companies are in the Forbes Global 2000?

Forbes counts 64 Canadian companies in the Global 2000 2026, tied with India for the fifth-largest national total after the United States, China, Japan and South Korea. Fortune's Global 500 2026, which ranks only by revenue and uses a higher cut-off, includes 14 Canadian companies.

What are the Big Five banks in Canada?

Canada's Big Five banks are Royal Bank of Canada, TD Bank Group, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce. In Forbes's 2026 data their revenues range from US$97.8bn for RBC to US$44.0bn for CIBC, and all five rank among the 11 largest Canadian companies.

Which Canadian company employs the most people?

Among the 25 largest Canadian companies by revenue, Brookfield Corporation reports the most employees in Forbes's data, about 250,000. George Weston, whose segments include Loblaw, follows with about 220,000, then Magna International with 156,000.

See also

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