CPABC Industry Update Fall 2014 - Page 4

Industry Snapshot: Banking* 18,000 Automated Banking Machines (ABMs). Banks make up 3.1% 864 banks are operating in Canada. MILLION There were of Canada’s GDP. 83 6,300 Canada is home to transactions at Canadian bank-owned ABMs in 2012. The six largest banks in Canada completed There are over bank branches across Canada. 583.7 MILLION #1 Canada’s banking system is ranked as the most sound in the world. online banking transactions in 2012. EMPLOYMENT In 2012, banks in Canada employed Canadian banks employ Canadians. There has been a 14.4% increase in employment in the Canadian banking industry over the past 10 years. people outside of Canada. INVESTMENT MORE THAN 1.6 MILLION small and medium-sized Canadian businesses receive financing from banks. * Main data source: Fast Facts, published by the Canadian Bankers Association. Additional Info: World Economic Forum, Global Competitiveness Report 2013-2014, September 3, 2013. page 4 | I N D U S T R Y U P D AT E