Summary
Retail Lending in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Retail lending market covers mortgage and consumer credit. The market value reflects residential mortgage and personal loan balances outstanding at the end of the year.
- The Canadian retail lending market recorded balances outstanding of $2,074.6 billion in 2024, representing a compound annual growth rate (CAGR) of 5.2% between 2019-24.
- The mortgage credit segment accounted for the market's largest proportion in 2024, with total balances outstanding of $1,639.9 billion, equivalent to 79.0% of the market's overall value.
- The healthy growth of the Canadian retail lending market during 2019-24 can be attributed to low interest rates and supportive monetary policy during and after the pandemic encouraged borrowing, particularly for mortgages and personal loans, contributing to market expansion.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the retail lending market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the retail lending market in Canada
- Leading company profiles reveal details of key retail lending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada retail lending market with five year forecasts
Reasons to Buy
- What was the size of the Canada retail lending market by value in 2024?
- What will be the size of the Canada retail lending market in 2029?
- What factors are affecting the strength of competition in the Canada retail lending market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's retail lending market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the key market players?
7.2. What strategies do the key market players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Royal Bank of Canada
8.2. The Toronto-Dominion Bank
8.3. The Bank of Nova Scotia
8.4. Bank of Montreal
8.5. Canadian Imperial Bank of Commerce
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Canada retail lending market value: $ billion, 2019-24
Table 2: Canada retail lending market category segmentation: % share, by value, 2019-24
Table 3: Canada retail lending market category segmentation: $ billion, 2019-24
Table 4: Canada retail lending market geography segmentation: $ billion, 2024
Table 5: Canada retail lending market value forecast: $ billion, 2024-29
Table 6: Royal Bank of Canada: Key Facts
Table 7: Royal Bank of Canada: Annual Financial Ratios
Table 8: Royal Bank of Canada: Key Employees
Table 9: Royal Bank of Canada: Key Employees Continued
Table 10: The Toronto-Dominion Bank: Key Facts
Table 11: The Toronto-Dominion Bank: Annual Financial Ratios
Table 12: The Toronto-Dominion Bank: Key Employees
Table 13: The Bank of Nova Scotia: Key Facts
Table 14: The Bank of Nova Scotia: Annual Financial Ratios
Table 15: The Bank of Nova Scotia: Key Employees
Table 16: The Bank of Nova Scotia: Key Employees Continued
Table 17: Bank of Montreal: Key Facts
Table 18: Bank of Montreal: Annual Financial Ratios
Table 19: Bank of Montreal: Key Employees
Table 20: Canadian Imperial Bank of Commerce: Key Facts
Table 21: Canadian Imperial Bank of Commerce: Annual Financial Ratios
Table 22: Canadian Imperial Bank of Commerce: Key Employees
Table 23: Canada Size of Population (Million), 2020-24
Table 24: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: Canada GDP (Current Prices, $ Billion), 2020-24
Table 26: Canada Inflation, 2020-24
Table 27: Canada Consumer Price Index (Absolute), 2020-24
Table 28: Canada Exchange Rate, 2019-24
List of Figures
Figure 1: Canada retail lending market value: $ billion, 2019-24
Figure 2: Canada retail lending market category segmentation: $ billion, 2019-24
Figure 3: Canada retail lending market geography segmentation: % share, by value, 2024
Figure 4: Canada retail lending market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the retail lending market in Canada, 2024
Figure 6: Drivers of buyer power in the retail lending market in Canada, 2024
Figure 7: Drivers of supplier power in the retail lending market in Canada, 2024
Figure 8: Factors influencing the likelihood of new entrants in the retail lending market in Canada, 2024
Figure 9: Factors influencing the threat of substitutes in the retail lending market in Canada, 2024
Figure 10: Drivers of degree of rivalry in the retail lending market in Canada, 2024
