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The 1 Biggest Industries by Revenue in Canada

Rank Industry Revenue for 2026
1

Commercial Banking in Canada

$490.3B

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Biggest Industries by Revenue in Canada in 2026

  • 1. Commercial Banking in Canada

    Revenue for 2026: $490.3B

    The high interest rate environment experienced over the five years to 2025, along with overall economic growth, has benefitted the Commercial Banking industry in Canada. Banks have done an exceptional job diversifying revenue streams, due to higher interest rates and despite increasing regulations. The industry primarily generates revenue through interest income sources, such as business loans and mortgages, but it also generates income through noninterest sources, which include fees on a var...

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