Canada Retail Lending - Market Summary, Competitive Analysis and Forecast, 2017-2026

Abstract

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.

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 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?

Content

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 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