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
- Composition of the ranking
- Methodology
- The list
- Ranking table
- Frequently asked questions
- 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
RB
Banking; US$97.8bn revenue in Forbes's 2026 data
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
Banking; US$88.0bn revenue in Forbes's 2026 data
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
Asset management; US$77.6bn revenue in Forbes's 2026 data
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
Convenience retail; US$73.3bn revenue in Forbes's 2026 data
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
Banking; US$55.2bn revenue in Forbes's 2026 data
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
SO
Banking; US$50.9bn revenue in Forbes's 2026 data
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
E
Energy pipelines; US$50.2bn revenue in Forbes's 2026 data
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
GW
Food retail; US$46.9bn revenue in Forbes's 2026 data
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
Insurance; US$44.5bn revenue in Forbes's 2026 data
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
Insurance; US$44.3bn revenue in Forbes's 2026 data
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
Banking; US$44.0bn revenue in Forbes's 2026 data
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
Auto parts; US$42.3bn revenue in Forbes's 2026 data
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
Financial holding; US$39.8bn revenue in Forbes's 2026 data
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
SE
Oil and gas; US$36.9bn revenue in Forbes's 2026 data
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
CE
Oil and gas; US$35.3bn revenue in Forbes's 2026 data
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
SL
Insurance; US$28.5bn revenue in Forbes's 2026 data
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
CN
Oil and gas; US$28.0bn revenue in Forbes's 2026 data
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
Fertilisers; US$27.8bn revenue in Forbes's 2026 data
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
EC
Food retail; US$22.8bn revenue in Forbes's 2026 data
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
Banking; US$22.3bn revenue in Forbes's 2026 data
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
IF
Insurance; US$21.8bn revenue in Forbes's 2026 data
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
BM
Gold and copper mining; US$19.0bn revenue in Forbes's 2026 data
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
BC
Telecommunications; US$17.9bn revenue in Forbes's 2026 data
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
AC
Airline; US$16.6bn revenue in Forbes's 2026 data
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
Food retail; US$16.2bn revenue in Forbes's 2026 data
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
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.
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