The Toronto Stock Exchange (TSX) is one of the largest stock exchanges in the world, home to over 2,400 publicly traded companies from various industries.
Market Capitalization: A Key Indicator of a Company’s Value
Market capitalization (market cap) is the total market value of a publicly traded company’s outstanding shares of stock. It is an important indicator of a company’s financial strength, growth potential, and overall value.
| Rank | Company Name | Market Capitalization (CAD) |
| — | ————————– | —————————- |
| 1 | Shopify | 258.4 billion |
| 2 | Suncor Energy | 176.9 billion |
| 3 | Royal Bank of Canada | 154.2 billion |
| 4 | Enbridge Inc. | 107.8 billion |
| 5 | CN Railways | 106.9 billion |
| 6 | Manulife Financial Corporation | 83.2 billion |
| 7 | The Bank of Nova Scotia | 74.7 billion |
| 8 | Toronto-Dominion Bank | 71.9 billion |
| 9 | Canadian Natural Resources Limited | 56.3 billion |
| 10 | Sun Life Financial Inc. | 48.8 billion |
| 11 | Bank of Montreal | 47.9 billion |
| 12 | Canadian National Railway Company | 46.3 billion |
| 13 | Power Corporation of Canada | 45.8 billion |
| 14 | Bank of Nova Scotia | 44.9 billion |
| 15 | Toronto-Dominion Bank | 43.7 billion |
| 16 | Canadian Imperial Bank of Commerce | 40.8 billion |
| 17 | Saputo Inc. | 35.9 billion |
| 18 | Agrium Inc. | 34.6 billion |
| 19 | Magna International Inc. | 30.7 billion |
| 20 | Bombardier Inc. | 28.5 billion |
| 21 | Cogeco Inc. | 26.9 billion |
| 22 | Thomson Reuters Corporation | 24.7 billion |
| 23 | BCE Inc. | 24.5 billion |
| 24 | CGI Group Inc. | 21.9 billion |
| 25 | Loblaw Companies Limited | 20.7 billion |
| 26 | WSP Global Inc. | 18.4 billion |
| 27 | Nutrien Ltd. | 17.9 billion |
| 28 | Power Financial Corporation | 16.5 billion |
| 29 | Canadian Pacific Railway Limited | 16.3 billion |
| 30 | CGI Information Services Inc. | 14.8 billion |
