Executive Summary . 5
Table: Levels (CADbn) .. 5
Table: Levels (US$bn) ... 5
Table: Levels At December 2011 ... 5
Table: Annual Growth Rate Projections 2012-2016 (%) ... 6
Table: Ranking Out Of 59 Countries Reviewed In 2011 6
Table: Projected Levels (CADbn) .. 6
Table: Projected Levels (US$bn) ... 6
SWOT Analysis 7
Canada Commercial Banking SWOT . 7
Canada Political SWOT . 7
Canada Economic SWOT ... 8
Canada Business Environment Outlook ... 9
Table: Commercial Banking Business Environment Ratings . 9
Commercial Banking Business Environment Rating Methodology ... 10
Table: Developed States Commercial Banking Business Environment Ratings ... 11
Global Commercial Banking Outlook .. 12
Developed States Banking Sector Forecast Overview .. 20
Table: Banks'' Bond Portfolios 2011 20
Table: Developed States Commercial Banking Business Environment Ratings ... 20
Table: Comparison of Loan/Deposit & Loan/Asset & Loan/GDP ratios . 21
Table: Anticipated Developments in 2012 21
Table: Comparison of Total Assets & Client Loans & Client Deposits (US$bn) . 22
Table: Comparison of US$ Per Capita Deposits (2011) .. 22
Table: Interbank Rates and Bond Yields .. 23
Canada Banking Sector Outlook .. 24
Economic Outlook . 26
Competitive Landscape 29
Market Structure ... 29
Protagonists . 29
Table: Protagonists In Canada''s Commercial Banking Sector 29
List Of Banks 29
Table: Domestic Banks 29
Table: Foreign Banks – Lending Branches .. 30
Company Profiles .. 31
Royal Bank of Canada . 31
Table: Stock Market Indicators 32
Table: Balance Sheet (CADmn, unless stated) . 32
Table: Balance Sheet (US$mn, unless stated) .. 33
Table: Key Ratios (%) .. 33
Toronto-Dominion Bank .. 34
Table: Stock Market Indicators 35
Table: Balance Sheet (CADmn, unless stated) . 35
Table: Balance Sheet (US$mn, unless stated) .. 36
Table: Key Ratios (%) .. 36
Laurentian Bank of Canada . 37
Table: Stock Market Indicators 38
Table: Balance Sheet (CADmn) ... 38
Table: Balance Sheet (US$mn) 39
Table: Key Ratios (%) .. 39
Bank of Nova Scotia . 40
Table: Stock Market Indicators 41
Table: Balance Sheet (CADmn) ... 41
Table: Balance Sheet (US$mn) 42
Table: Key Ratios (%) .. 42
Canadian Imperial Bank of Commerce 43
Table: Stock Market Indicators 44
Table: Balance Sheet (CADmn) ... 44
Table: Balance Sheet (US$mn) 45
Table: Key Ratios (%) .. 45
Canadian Western Bank... 46
Table: Stock Market Indicators 47
Table: Balance Sheet (CADmn) ... 47
Table: Balance Sheet (US$mn) 48
Table: Key Ratios (%) .. 48
Royal Bank of Canada . 49
Table: Stock Market Indicators 50
Table: Balance Sheet (CADmn) ... 51
Table: Balance Sheet (US$mn) 51
Table: Key Ratios (%) .. 51
BMI Banking Sector Methodology ... 52
Commercial Bank Business Environment Rating .. 54
Table: Commercial Banking Business Environment Indicators And Rationale 55
Table: Weighting Of Indicators 56Table: Levels (CADbn) . 5
Table: Levels (US$bn) . 5
Table: Levels At December 2011 . 5
Table: Annual Growth Rate Projections 2012-2016 (%) . 6
Table: Ranking Out Of 59 Countries Reviewed In 2011 . 6
Table: Projected Levels (CADbn) . 6
Table: Projected Levels (US$bn) . 6
Table: Commercial Banking Business Environment Ratings . 9
Table: Developed States Commercial Banking Business Environment Ratings . 11
Table: Banks'' Bond Portfolios 2011 . 20
Table: Developed States Commercial Banking Business Environment Ratings . 20
Table: Comparison of Loan/Deposit & Loan/Asset & Loan/GDP ratios . 21
Table: Anticipated Developments in 2012. 21
Table: Comparison of Total Assets & Client Loans & Client Deposits (US$bn) . 22
Table: Comparison of US$ Per Capita Deposits (2011) . 22
Table: Interbank Rates and Bond Yields . 23
Table: Protagonists In Canada''s Commercial Banking Sector . 29
Table: Domestic Banks . 29
Table: Foreign Banks – Lending Branches . 30
Table: Stock Market Indicators . 32
Table: Balance Sheet (CADmn, unless stated) . 32
Table: Balance Sheet (US$mn, unless stated) . 33
Table: Key Ratios (%) . 33
Table: Stock Market Indicators . 35
Table: Balance Sheet (CADmn, unless stated) . 35
Table: Balance Sheet (US$mn, unless stated) . 36
Table: Key Ratios (%) . 36
Table: Stock Market Indicators . 38
Table: Balance Sheet (CADmn) . 38
Table: Balance Sheet (US$mn) . 39
Table: Key Ratios (%) . 39
Table: Stock Market Indicators . 41
Table: Balance Sheet (CADmn) . 41
Table: Balance Sheet (US$mn) . 42
Table: Key Ratios (%) . 42
Table: Stock Market Indicators . 44
Table: Balance Sheet (CADmn) . 44
Table: Balance Sheet (US$mn) . 45
Table: Key Ratios (%) . 45
Table: Stock Market Indicators . 47
Table: Balance Sheet (CADmn) . 47
Table: Balance Sheet (US$mn) . 48
Table: Key Ratios (%) . 48
Table: Stock Market Indicators . 50
Table: Balance Sheet (CADmn) . 51
Table: Balance Sheet (US$mn) . 51
Table: Key Ratios (%) . 51
Table: Commercial Banking Business Environment Indicators And Rationale . 55
Table: Weighting Of Indicators. 56