Bank staff expenses as a share of total costs reached 55.9% in third quarter of 2021 in Canada, according to the National Central Bank. This is 1.83% more than in the previous quarter.
Historically, bank staff expenses as a share of total costs in Canada reached an all time high of 57.3% in 1Q2021 and an all time low of 50.0% in 4Q2014.
Canada has been ranked 5th within the group of 51 countries we follow in terms of bank staff expenses as a share of total costs.
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