The total assets of financial institutions in Canada increased overall between 2002 and 2022, but the asset distribution between different types of financial institutions varied notably. The total assets in the banking sector exceeded five trillion U.S. dollars at the end of 2022, which was a notable increase compared to the previous year. On the other hand, the value of total assets in pension funds, insurance companies, and the central bank decreased when compared to 2021. Due to these drops, total assets in all financial institutions combined decreased slightly in 2022.
Total assets of financial institutions in Canada from 2002 to 2022, by institution type
(in billion U.S. dollars)
Characteristic
Banks
Other financial intermediaries (OFIs)
Pension funds
Insurance companies
Central bank
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Notes: Financial assets when available, otherwise total assets. Based on time series data included in jurisdictions’ 2017 submissions. Banks refer to the broader category of Deposit-taking Corporations. The OFIs series contains a break in 2008 due to different starting points for data collection of some OFI-subsectors.
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Financial Stability Board. (December 18, 2023). Total assets of financial institutions in Canada from 2002 to 2022, by institution type (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/
Financial Stability Board. "Total assets of financial institutions in Canada from 2002 to 2022, by institution type (in billion U.S. dollars)." Chart. December 18, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/
Financial Stability Board. (2023). Total assets of financial institutions in Canada from 2002 to 2022, by institution type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/
Financial Stability Board. "Total Assets of Financial Institutions in Canada from 2002 to 2022, by Institution Type (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/
Financial Stability Board, Total assets of financial institutions in Canada from 2002 to 2022, by institution type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/ (last visited September 01, 2024)
Total assets of financial institutions in Canada from 2002 to 2022, by institution type (in billion U.S. dollars) [Graph], Financial Stability Board, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/421366/financial-institutions-assets-canada-by-institution-type/