There were 2,654 head office locations across Canada in 2022, a decrease of 1.1% from the previous year. Head office employment also declined slightly (-0.9%) from 210,971 employees in 2021 to 209,029 in 2022.
Among the provinces, head office employment remained concentrated in Ontario (42.8%), Quebec (23.8%) and Alberta (15.5%).
The majority of head offices were located in major census metropolitan areas (CMAs). Toronto had the most head offices (692), followed by Montréal (377), Vancouver (240) and Calgary (198).
Toronto also had the most head office employees (67,503) of any CMA. Montréal was next (38,313), followed by Calgary (25,312) and Vancouver (15,060).
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