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Credit Cards in Canada

Credit Cards in Canada

Introduction

Credit Cards in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Canada credit cards market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

  • The credit cards profile covers the consumer credit market. The market value reflects consumer credit balances outstanding at the end of the year, accounted for by credit cards and other revolving plans. All currency conversions within this report have been calculated using constant 2013 annual average exchange rates.
  • The Canadian credit cards sector had total balances outstanding of $76.4bn in 2014, representing a compound annual growth rate (CAGR) of 6.4% between 2010 and 2014.
  • In its 2014 Budget, the Canadian government raised the issue of credit card fees, stating that they are among the highest in the world. Minister of Finance Joe Oliver wants the likes of MasterCard and Visa to voluntarily reduce the fees they charge retailers by 10%. This could, if it comes to pass, encourage more small retailers to accept card payments.
  • The performance of the sector is forecast to decelerate, with an anticipated CAGR of 3.3% for the five-year period 2014 - 2019, which is expected to drive the sector to a value of $89.9bn by the end of 2019.
Features

Save time carrying out entry-level research by identifying the size, growth, and leading players in the credit cards market in Canada

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the credit cards market in Canada

Leading company profiles reveal details of key credit cards market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Canada credit cards market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Canada economy

Key Questions Answered

What was the size of the Canada credit cards market by value in 2014?

What will be the size of the Canada credit cards market in 2019?

What factors are affecting the strength of competition in the Canada credit cards market?

How has the market performed over the last five years?


Executive Summary
Market value
Market value forecast
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
The Bank of Nova Scotia
Canadian Imperial Bank of Commerce
Royal Bank of Canada
The Toronto-Dominion Bank
Macroeconomic Indicators
Country Data
Executive Summary
Methodology
Industry associations
Related MarketLine research
LIST OF TABLES
Table 1: Canada credit cards sector value: $ billion, 2010–14
Table 2: Canada credit cards sector share: % share, by value, 2014
Table 3: Canada credit cards sector value forecast: $ billion, 2014–19
Table 4: The Bank of Nova Scotia: key facts
Table 5: The Bank of Nova Scotia: key financials ($)
Table 6: The Bank of Nova Scotia: key financials (C$)
Table 7: The Bank of Nova Scotia: key financial ratios
Table 8: Canadian Imperial Bank of Commerce: key facts
Table 9: Canadian Imperial Bank of Commerce: key financials ($)
Table 10: Canadian Imperial Bank of Commerce: key financials (C$)
Table 11: Canadian Imperial Bank of Commerce: key financial ratios
Table 12: Royal Bank of Canada: key facts
Table 13: Royal Bank of Canada: key financials ($)
Table 14: Royal Bank of Canada: key financials (C$)
Table 15: Royal Bank of Canada: key financial ratios
Table 16: The Toronto-Dominion Bank: key facts
Table 17: The Toronto-Dominion Bank: key financials ($)
Table 18: The Toronto-Dominion Bank: key financials (C$)
Table 19: The Toronto-Dominion Bank: key financial ratios
Table 20: Canada size of population (million), 2010–14
Table 21: Canada gdp (constant 2005 prices, $ billion), 2010–14
Table 22: Canada gdp (current prices, $ billion), 2010–14
Table 23: Canada inflation, 2010–14
Table 24: Canada consumer price index (absolute), 2010–14
Table 25: Canada exchange rate, 2010–14
LIST OF FIGURES
Figure 1: Canada credit cards sector value: $ billion, 2010–14
Figure 2: Canada credit cards sector share: % share, by value, 2014
Figure 3: Canada credit cards sector value forecast: $ billion, 2014–19
Figure 4: Forces driving competition in the credit cards sector in Canada, 2014
Figure 5: Drivers of buyer power in the credit cards sector in Canada, 2014
Figure 6: Drivers of supplier power in the credit cards sector in Canada, 2014
Figure 7: Factors influencing the likelihood of new entrants in the credit cards sector in Canada, 2014
Figure 8: Factors influencing the threat of substitutes in the credit cards sector in Canada, 2014
Figure 9: Drivers of degree of rivalry in the credit cards sector in Canada, 2014
Figure 10: The Bank of Nova Scotia: revenues & profitability
Figure 11: The Bank of Nova Scotia: assets & liabilities
Figure 12: Canadian Imperial Bank of Commerce: revenues & profitability
Figure 13: Canadian Imperial Bank of Commerce: assets & liabilities
Figure 14: Royal Bank of Canada: revenues & profitability
Figure 15: Royal Bank of Canada: assets & liabilities
Figure 16: The Toronto-Dominion Bank: revenues & profitability
Figure 17: The Toronto-Dominion Bank: assets & liabilities

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