Ultimately, equity research is both an art and a science. The science encompasses rigorous analytics backed by cutting-edge technology, and the art lies in weaving this together with our analysts’ unique insights to generate compelling investment theses and deliver them to clients in ways that enhance their decision-making capabilities.

Walter Spracklin, head of Canadian research, RBC

The 2025 Canada Research results are now live and available to view here. While the overall rankings remain largely consistent with last year, several of Canada’s Big Five banks have shown notable improvements. Supporting editorial coverage, including insights from RBC’s head of research on how the firm has sustained its lead, can be found here.