Canada’s Securities Industry
Did You Know?
The Canadian securities industry plays a key role in Canada’s financial services sector. It enables businesses and governments to raise debt and equity capital—which stimulates economic growth and job creation—and helps investors and savers work towards their financial objectives.
In 2018, Canada’s Securities industry:
Helped listed Canadian businesses raise $37.1 billion in equity capital in secondary offerings in public and private markets, enabling them to grow and expand which, in turn, stimulated demand for goods and services in the economy. Source: Bank of Canada
Helped 54 companies go public, raising $2.2 billion in initial public offerings. This money can be used to expand operations, purchase machinery and equipment, fund research and development, or attract top talent to their enterprises by offering stock incentives that give key employees an ownership stake in the business. Source: PwC Canada, Survey of the IPO Market in Canada
Enabled Canadian businesses to raise $98.1 billion by issuing bonds to finance operations. These bonds provided Canadian investors a steady flow of income and capital preservation. Source: Bank of Canada
Enabled the federal, provincial and municipal governments to raise $172.5 billion through debt issuance to fund improvements to public infrastructure—schools, roads and hospitals—and other services valued by Canadians. Source: Bank of Canada
Managed $354 billion in Registered Retirement Savings Plans (RRSP), $83 billion in Tax Free Savings Accounts (TFSAs) and $127 billion in Registered Retirement Income Funds (RRIFs) on behalf of Canadians, helping them prepare for their retirement. Source: SI Research, Retail Brokerage and Distribution Report – Canada, Winter 2019
Employed approximately 42,296 Canadians from coast-to-coast—in small regional dealer firms with a few employees to large national dealer firms with thousands of employees. Source: IIROC, Monthly Financial Reports