B2B drives market demand, with B2B spending representing 70.3% of total demand in 2020. Royal Bank of Canada (RBC) is the largest company in Canada, generating 13.5% of the industry’s total turnover in 2020. The industry is concentrated, with the top five companies generating 50.8% of total turnover in 2020. The total number of companies decreases in 2020, to 249,516 units. The costs of the industry decrease by 5.3% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 23.6% of turnover in 2020, the 10th highest across the top 20 developed countries. With turnover of USD119 billion, Canada accounts for 4.4% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in Canada: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in Canada: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.See All of Our Definitions
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