This issue briefing examines the Canadian funds industry’s contribution to the country’s economy through jobs, taxes paid, and the purchases it makes from other Canadian businesses.
Assessing the Economic Footprint of the Funds Industry in Canada
Assessing the Economic Footprint of the Funds Industry in Canada
$0.00
Canada’s funds industry—the financial sector devoted to managing mutual funds and exchange-traded funds—has more than doubled in size since 2006. It made $30.6 billion in 2018. What does this mean for Canada’s economy?
As the first of a two-part series, this issue briefing puts the economic shape and size of the funds industry into focus. It detangles the industry’s direct and indirect contributions to Canada’s economy. It also examines how each dollar of revenue from the industry flows into the hands of workers, businesses, and governments. It includes estimates of the number of jobs supported by the funds industry as well as additional price and market variables, allowing readers to gain an understanding of how the industry fits into the broader Canadian economic picture.
The second briefing in this series will examine how financial advice affects Canadians’ savings behaviour and its impact on their retirement.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
