As 2024 nears its end, we've witnessed inflation rates falling in major developed countries, with Canada's inflation rate dropping from 2.9% at the beginning of the year to 1.9%. This year, the Bank of Canada took the lead in cutting interest rates, followed by the Federal Reserve. The AI sector in North America continued its rally, driving Canadian tech stocks to soar. ■ How did each sector perform in 2024? Among all sectors in Canada, t...
In Canada, five supermarket chains make up of nearly 75% of the retail grocery market, i.e. Loblaws, Costco, Walmart, Sobeys and Metro. While in big cities like Vancouver, Toronto, local grocers and grocers focusing on speciality food take shares in the retail grocery market, in other part of Canada, the big fives dominate. Because of the small market size of Canada and the difficulties of setting up new supply chains, it is very difficult for a n...
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Market Insights
Big Five Big Five
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
Metro Inc Stock Forum
■ How did each sector perform in 2024?
Among all sectors in Canada, t...
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