When Canadians think of a brand, they think of Tim Hortons which is a truly Canadian brand. Everyone knows about it because it’s found in every corner.
According to the Brand finance Canada ranking, RBC defends the title of Canada’s most valuable brand, following a strong 26% growth to $22.7 billion.
TD ($18.3 billion) ranks 2nd, followed by Scotiabank ($14.7 billion) taking 3rd, and BMO ($13.2 billion) and CIBC ($10.4 billion) in 4th and 5th place respectively.
Banks have ranked on top of the list because they play a major role in people’s lives. From the first purchase of your car to your first home, all the life-changing decisions you make go through banks.
Here are Most Valuable Brands In Canada 2020
|Ranking||Brands||Category||Brand Value (USD)|
|6||Tim Hortons||Fast Food||6,757|
|7||Bank of Montreal||Banks||6,754|
Source |Retail Insider