T3: Institutions offering payment services / instruments
(units, unless otherwise stated; end of year)
«Canada»
 Year
« ‹ 2020 › »
 2016 2017 2018 2019 2020
Total number of institutions offering
 payment services/instruments		707647632584559
Breakdown of 'total number of institutions offering
 payment services/instruments' by category
Central bank11111
Number of branches or offices 111111
Number of payment accounts 233333
Value of payment accounts (CAD millions) 3502383418250332,973
Banks
Total number of entities 48178838083
Number of branches or offices6,9286,5406,1956,0986,356
Number of payment accounts (thousands)navnavnavnavnav
Partial breakdown of 'banks, number of payment accounts'
Of which: internet-linked (thousands)navnavnavnavnav
Value of payment accounts (CAD millions) 5742,267800,940838,352903,3591,108,640
Breakdown of 'banks' by subcategory
Domestic banks
Total number of entities5048524951
Number of branches or offices6,8926,5056,1626,0656,324
Number of payment accounts (thousands)navnavnavnavnav
Value of payment accounts (CAD millions) 5726,600783,752818,647882,6751,671,516
Bank type II
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type III
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type IV
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type V
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type VI
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type VII
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Bank type VIII
Total number of entitiesnapnapnapnapnap
Number of branches or officesnapnapnapnapnap
Number of payment accounts (thousands)napnapnapnapnap
Value of payment accounts (CAD millions)napnapnapnapnap
Branches of foreign banks
Total number of entities3130313132
Number of branches of foreign banks3635333332
Number of payment accounts (thousands)navnavnavnavnav
Value of payment accounts (CAD millions) 515,66717,18719,70520,68428,237
Non-banks offering payment services/instruments
Total number of entities625568548503475
Breakdown of 'non-banks offering payment services/
 instruments, total number of entities' by subcategory
Non-banks offering storage of value
 (on a payment account or on a device)
Total number of entities 6625568548503475
Number of branches or offices 73,0212,9622,6942,3902,353
Number of payment accounts (thousands)navnavnavnavnav
Value of payment accounts (CAD millions)109,280118,133101,766106,503157,440
Non-banks relying on storage of value on payment
 accounts or on a device offered by others
Total number of entitiesnavnavnavnavnav
MEMO: FOCUS on E-MONEY
Total number of e-money issuersnavnavnavnavnav
Partial breakdown of 'total number of e-money issuers'
 by type of institution
Of which: non-banksnavnavnavnavnav
Total outstanding e-money value (CAD millions)navnavnavnavnav
Partial breakdown of 'total outstanding e-money value'
 by type of institution
Of which: issued by a non-bank (CAD millions)navnavnavnavnav
 1 There are five regional offices and two Agency Operations Centres but only the head office offers payment services. 2 Figures represent the number of accounts held at the Bank of Canada by CPA members for the settlement of the LVTS. 3 Figures represent the value of accounts held at the Bank of Canada by CPA members for settlement of the LVTS. 4 Some foreign bank subsidiaries and foreign bank branches are associated with the same parent bank. For the purposes of this table, each institution is recorded separately. 5 Data have been revised from previous editions. 6 Among Trust and Loan companies included in this figure, only those that are federally regulated and are not bank-owned are included. 7 Includes only branches of local credit unions and caisses populaires, and governmental savings institutions.