Three sub-sectors of the financial services industry dominate Canadians’ financial transactions, helping them to manage their day-to-day finances, minimize their losses in case of accident or emergency, and invest for future profit and security.
|
| Net income (millions $CDN) |
| |
2002 |
2003 |
2004 |
2005 |
2006 |
| Property & Casualty | 242.3 | 2198.8 | 4084.1 | 4049.6 | 5494.7 | | Life | 3741.2 | 5029.1 | 6078.8 | 5847.5 | 7077.8 | | Total Insurance | 3983.5 | 7227.9 | 10162.9 | 9897.1 | 12572.5 | | Banks | 7744.8 | 12271.8 | 14651.7 | 13523 | 20721.3 | | Securities* | 9807 | 10618 | 12383 | 13485 | 15879 | | |
Sources: Office of the Superintendent of Financial Institutions, Investment Industry Association of Canada. Note: * Revenue |