Bank staff expenses as a share of total costs reached 55.0% in 2020 in Canada, according to the National Central Bank. This is 2.87% more than in the previous year.
Historically, bank staff expenses as a share of total costs in Canada reached an all time high of 56.3% in 2006 and an all time low of 39.0% in 1991.
Canada has been ranked 11th within the group of 83 countries we follow in terms of bank staff expenses as a share of total costs.
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