Canada Retail Lending - Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Retail Lending in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- This retail lending market profile covers the mortgage and consumer credit market.
- The Canadian retail lending market had total balances outstanding of $1,908.0 billion in 2021, representing a compound annual growth rate (CAGR) of 4.2% between 2016 and 2021.
- The mortgage credit segment accounted for the largest share of the market’s balances outstanding in 2021, with total balances outstanding of $1,366.4 billion, equivalent to 71.6% of the market's overall value.
- Market growth was driven by consistent low interest rates over the past five years. Moreover, the market recorded growth in 2020, despite the recessionary impacts of the COVID-19 pandemic, largely due to the slashing of interest rates globally.
- 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
- What was the size of the Canada retail lending market by value in 2021?
- What will be the size of the Canada retail lending market in 2026?
- 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?
Companies Mentioned
Royal Bank of Canada
The Toronto-Dominion Bank
Canadian Imperial Bank of Commerce
The Bank of Nova Scotia
Mogo Inc
- 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 leading players?
- 7.2. What disruptors/challengers have changed the market in recent years?
- 8 Company Profiles
- 8.1. Royal Bank of Canada
- 8.2. The Toronto-Dominion Bank
- 8.3. Canadian Imperial Bank of Commerce
- 8.4. The Bank of Nova Scotia
- 8.5. Mogo Inc
- 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, 2017–21
- Table 2: Canada retail lending market category segmentation: % share, by value, 2017–2021
- Table 3: Canada retail lending market category segmentation: $ billion, 2017-2021
- Table 4: Canada retail lending market geography segmentation: $ billion, 2021
- Table 5: Canada retail lending market value forecast: $ billion, 2021–26
- 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: The Toronto-Dominion Bank: key facts
- Table 10: The Toronto-Dominion Bank: Annual Financial Ratios
- Table 11: The Toronto-Dominion Bank: Key Employees
- Table 12: The Toronto-Dominion Bank: Key Employees Continued
- Table 13: Canadian Imperial Bank of Commerce: key facts
- Table 14: Canadian Imperial Bank of Commerce: Annual Financial Ratios
- Table 15: Canadian Imperial Bank of Commerce: Key Employees
- Table 16: Canadian Imperial Bank of Commerce: Key Employees Continued
- Table 17: The Bank of Nova Scotia: key facts
- Table 18: The Bank of Nova Scotia: Annual Financial Ratios
- Table 19: The Bank of Nova Scotia: Key Employees
- Table 20: The Bank of Nova Scotia: Key Employees Continued
- Table 21: The Bank of Nova Scotia: Key Employees Continued
- Table 22: Mogo Inc: key facts
- Table 23: Mogo Inc: Annual Financial Ratios
- Table 24: Mogo Inc: Key Employees
- Table 25: Canada size of population (million), 2017–21
- Table 26: Canada gdp (constant 2005 prices, $ billion), 2017–21
- Table 27: Canada gdp (current prices, $ billion), 2017–21
- Table 28: Canada inflation, 2017–21
- Table 29: Canada consumer price index (absolute), 2017–21
- Table 30: Canada exchange rate, 2017–21
- List of Figures
- Figure 1: Canada retail lending market value: $ billion, 2017–21
- Figure 2: Canada retail lending market category segmentation: $ billion, 2017-2021
- Figure 3: Canada retail lending market geography segmentation: % share, by value, 2021
- Figure 4: Canada retail lending market value forecast: $ billion, 2021–26
- Figure 5: Forces driving competition in the retail lending market in Canada, 2021
- Figure 6: Drivers of buyer power in the retail lending market in Canada, 2021
- Figure 7: Drivers of supplier power in the retail lending market in Canada, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the retail lending market in Canada, 2021
- Figure 9: Factors influencing the threat of substitutes in the retail lending market in Canada, 2021
- Figure 10: Drivers of degree of rivalry in the retail lending market in Canada, 2021
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