Industry Analysis & Industry Trends
Despite the low interest rates that emerged as a result of the global financial crisis, the Commercial Banking industry has performed relatively well over the five years to 2015. Over this period, the overnight rate, which is strongly correlated with interest rates charged by commercial banks, is expected to increase slightly in the five years to 2015. In the coming years, projected increases in the overnight rate and improvements in corporate profit are anticipated to boost interest income from lending products. However, mounting regulation and capital requirements hold the potential to limit the flexibility of industry operators and make them less competitive on a global scale... purchase to read more
Industry Report - Industry Locations Chapter
The distribution of industry establishments closely follows the distribution of the domestic population. For example, Ontario is anticipated to account for 38.3% of industry establishments and 38.8% of the Canadian population in 2015. To take advantage of this large population base, some of the industry's largest players focus on the province for revenue. For example, Royal Bank of Canada, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Scotiabank are all headquartered in Toronto.
Similarly, Quebec is home to a significant share of the industry's establishments due to its substantial population. In 2015, Quebec is expected to represent 26.8% of industry establishments and 23.1% of the domestic population... purchase to read more