Navigate the TSX for Dividend Stocks

TMX Dividend Stocks

Understanding the sector and industry composition on the Toronto Stock Exchange (TSX) can help you invest better. To understand how to invest in Canada, specifically in dividend stocks, it’s important to understand the breakdown of the stocks by sector and industry. It will enlighten you about the Canadian economy.

The breakdown will lead you to understand the market exposure and the economy exposure which leads you to understand the business strength and the growth potential as well as identifying the competition.

TSX Dividend Stocks in Review

My TMX Screener search found 418 dividend stocks on the TSX. The initial search includes all of the preferred shares for a total over 700 but after you remove them, you have 418 dividend paying companies on the TSX.

It’s interesting when you look at the number of companies by sector or by market capitalization. The correlation between the two data points can really show the potential of a sector or how hard it is for newcomers to compete. Below is a table and a graph to present the data. Take some time to take it in but the insight is through the industry further down.

wdt_IDRankBy Market CapMarket CapBy CompaniesCompanies
11Financial Services767.61Financial Services103
22Energy379.88Real Estate55
33Basic Materials203.34Consumer Cyclical51
44Industrials190.89Energy50
55Communication Services134.12Basic Materials43
66Consumer Defensive133.76Industrials38
77Consumer Cyclical112.92Consumer Defensive27
88Utilities88.89Utilities24
99Real Estate87.66Technology14
1010Technology36.24Communication Services10
TSX - Dividend Stocks by Sectors
Source: TMX Screener

TSX Industry Review

The industry breakdown is really telling. 16 dividend stocks control a significant value of the market and most of the value is within the top 12 industries.

TSX - Top 30 Industries by Market Cap
Source: TMX Screener

Here are the top stocks for the 12 major industries tracked on the Dividend Snapshot stock list. The stocks listed are essentially the largest companies on the TSX (as long as they pay a dividend) and the competition is basically outlined.

All you have to do is pick the best stocks that matches your investing criteria.

Banks

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYieldYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:RYRYRoyal BankFinancial ServicesBanks0.6682.64118.609.1810.279.000.055.230.480044.320.125968Standard BusinessNONOYESNOCanada1
TSE:TDTDTD BankFinancial ServicesBanks0.7154.9070.398.3310.276.590.065.760.479543.160.147668Standard BusinessNONOYESNOCanada1
TSE:BNSBNSScotia BankFinancial ServicesBanks0.7449.9760.597.3510.276.800.077.200.529443.600.131469Standard BusinessNONOYESNOCanada1
TSE:BMOBMOBank of MontrealFinancial ServicesBanks0.7362.3728.337.1210.278.760.076.800.484044.240.105868Standard BusinessNONOYESNOCanada1
TSE:CMCMCIBCFinancial ServicesBanks0.7579.2724.977.0610.2711.220.077.370.520545.840.122469Standard BusinessNONOYESNOCanada1
TSE:NANANational BankFinancial ServicesBanks0.6851.3817.267.8910.276.510.065.530.436342.840.123968Standard BusinessNONOYESNOCanada1
TSE:CWBCWBCanadian Western BankFinancial ServicesBanks0.7319.311.686.2010.273.110.066.010.373041.160.115078Standard BusinessNOYESYESNOCanada1
TSE:FNFNFirst National Financial CorporationFinancial ServicesBanks0.6126.651.5910.7710.272.480.077.320.7863121.950.101158Standard BusinessNONONONOCanada1
TSE:LBLBLaurentian BankFinancial ServicesBanks0.5128.221.217.9010.273.570.109.500.750742.680.130456Standard BusinessNOYESYESNOCanada1
TSE:EQBEQBEquitable Group Inc.Financial ServicesBanks0.6254.540.924.9210.2711.090.032.710.133541.480.151476Standard BusinessNONOYESNOCanada1

Oil & Gas – Midstream

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:ENBENBEnbridgeEnergyOil & Gas - Midstream0.6743.9262.8544.3513.280.990.07387.383.272743.240.190478Standard BusinessYESYESYESNOCanada1
TSE:TRPTRPTranscanada PipelinesEnergyOil & Gas - Midstream0.6862.7141.7714.2413.284.400.05175.170.736443.240.122069Standard BusinessNOYESYESNOCanada1
TSE:PPLPPLPembina PipelineEnergyOil & Gas - Midstream0.7632.9118.0912.3113.282.670.07667.660.9438122.520.118879Standard BusinessNONOYESNOCanada1
TSE:IPLIPLInter Pipeline LtdEnergyOil & Gas - Midstream0.4711.594.939.1013.281.270.04144.140.3780120.480.070325Standard BusinessNONOYESNOCanada1
TSE:KEYKEYKeyera CorpEnergyOil & Gas - Midstream0.5620.794.609.1113.282.280.09249.240.8421121.920.155457Standard BusinessNONOYESNOCanada1
TSE:ALAALAAltaGasEnergyOil & Gas - Midstream0.5915.214.2510.0413.281.520.06316.310.6316120.960.063147Standard BusinessNONONONOCanada1
TSE:GEIGEIGibson Energy Inc.EnergyOil & Gas - Midstream0.4621.103.0918.2513.281.160.06456.451.172441.360.064526Standard BusinessNONONONOCanada1

Metals & Mining

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:ABXABXBarrick GoldBasic MaterialsMetals & Mining0.3439.5649.8611.6726.243.390.01001.000.116540.280.010014Standard BusinessNONONONOCanada1
TSE:FNVFNVFranco-Nevada CorpBasic MaterialsMetals & Mining0.46212.3040.33157.6426.241.350.00660.661.045241.000.050766Standard BusinessYESYESYESNOCanada1
TSE:WPMWPMWheaton Precious Metals CorpBasic MaterialsMetals & Mining0.2664.3320.46167.0026.240.390.00880.881.447240.400.076032Standard BusinessNONONONOCanada1
TSE:AEMAEMAgnico Eagle MinesBasic MaterialsMetals & Mining0.4597.2716.5740.0926.242.430.01161.160.464540.800.126055Standard BusinessNONONONOCanada1
TSE:PAASPAASPan American Silver CorpBasic MaterialsMetals & Mining0.2134.547.27161.1326.240.210.00820.821.343840.200.008222Standard BusinessNONONONOCanada1
TSE:TECK.BTECK.BTeck ResourcesBasic MaterialsMetals & Mining0.2112.416.630.0026.24-2.840.01611.611.000040.200.016112Standard BusinessNONONONOCanada1
TSE:FMFMFirst Quantum Minerals Ltd.Basic MaterialsMetals & Mining0.187.575.220.0026.24-0.350.00130.131.000020.010.001321Standard BusinessNONONONOCanada1
TSE:CCOCCOCameco Corp.Basic MaterialsMetals & Mining0.2013.873.8975.4726.240.180.00580.580.444410.080.005803Standard BusinessNONONONOCanada1

Communication Services

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:BCEBCEBCECommunication ServicesCommunication Services0.6154.9035.1816.6313.883.300.06076.071.009143.330.111768Standard BusinessNOYESYESNOCanada1
TSE:RCI.BRCI.BRogersCommunication ServicesCommunication Services0.4755.1928.1614.1413.883.900.03623.620.512842.000.049925Standard BusinessNONONONOCanada1
TSE:TTTelusCommunication ServicesCommunication Services0.7022.4920.4016.3813.881.370.05185.180.850441.170.121677Standard BusinessNOYESYESNOCanada1
TSE:SJR.BSJR.BShaw CommunicationsCommunication ServicesCommunication Services0.4722.388.1016.7713.881.330.05295.290.8910121.190.052924Standard BusinessNONONONOCanada1
TSE:QBR.BQBR.BQuebecor Inc.Communication ServicesCommunication Services0.5129.237.4213.7213.882.130.02742.740.375640.800.255454Standard BusinessNONOYESNOCanada1
TSE:CCACCACogeco Cable IncCommunication ServicesCommunication Services0.66101.164.8910.8713.889.310.02292.290.249242.320.127177Standard BusinessYESYESYESNOCanada1
TSE:CGOCGOCogecoCommunication ServicesCommunication Services0.6884.611.228.6513.889.780.02252.250.194341.900.156377Standard BusinessYESYESYESNOCanada1

Oil & Gas – Integrated

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:SUSUSuncorEnergyOil & Gas - Integrated0.3622.8634.860.0013.28-1.420.03673.671.000040.840.141734Standard BusinessNONOYESNOCanada1
TSE:IMOIMOImperial OilEnergyOil & Gas - Integrated0.6520.0910.498.9713.282.240.04384.380.392940.880.122168Standard BusinessNOYESYESNOCanada1

Transportation & Logistics

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:CNRCNRCanadian National RailwayIndustrialsTransportation & Logistics0.59109.9955.6217.8319.256.170.02092.090.372842.300.148466Standard BusinessYESYESYESNOCanada1
TSE:CPCPCanadian Pacific RailwayIndustrialsTransportation & Logistics0.45310.3442.0917.8219.2517.420.01071.070.190643.320.133144Standard BusinessNONONONOCanada1
TSE:TFIITFIITFI International IncIndustrialsTransportation & Logistics0.6337.213.249.7919.253.800.02792.790.273741.040.121767Standard BusinessNONOYESNOCanada1

Retail – Defensive

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:ATD.BATD.BAlimentation Couche-Tard Inc.Consumer DefensiveRetail - Defensive0.6440.1531.5915.5618.652.580.00700.700.108540.280.163185Standard BusinessYESYESYESNOCanada1
TSE:LLLoblawConsumer DefensiveRetail - Defensive0.5167.3824.1022.1818.653.040.01871.870.414541.260.058446Standard BusinessNONOYESNOCanada1
TSE:WNWNGeorge Weston LimitedConsumer DefensiveRetail - Defensive0.5797.0514.8611.8518.658.190.02162.160.256442.100.059147Standard BusinessNONOYESNOCanada1
TSE:MRUMRUMetroConsumer DefensiveRetail - Defensive0.5958.0714.6720.1618.652.880.01551.550.312540.900.157875Standard BusinessYESYESYESNOCanada1
TSE:DOLDOLDollarama IncConsumer DefensiveRetail - Defensive0.5042.0013.0323.6218.651.780.00420.420.098940.180.102874Standard BusinessNONOYESNOCanada1
TSE:EMP.AEMP.AEmpire Co Ltd A NvtgConsumer DefensiveRetail - Defensive0.5330.058.0915.4718.651.940.01601.600.247440.480.048347Standard BusinessNOYESYESNOCanada1
TSE:NWCNWCThe North West Company Inc.Consumer DefensiveRetail - Defensive0.5125.481.2515.2118.651.680.05185.180.785741.320.051847Standard BusinessNONOYESNOCanada1

Insurance – Life

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:MFCMFCManulifeFinancial ServicesInsurance - Life0.7515.7422.056.7810.272.320.07127.120.482841.120.096358Standard BusinessNONOYESNOCanada1
TSE:GWOGWOGreat West LifeFinancial ServicesInsurance - Life0.4419.8618.429.0510.272.190.08828.820.800041.750.118045Standard BusinessNONOYESNOCanada1
TSE:POWPOWPower CorporationFinancial ServicesInsurance - Life0.4519.4512.097.6910.272.530.09209.200.707541.790.124745Standard BusinessNONOYESNOCanada1

Asset Management

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:BAM.ABAM.ABrookfield Asset ManagementFinancial ServicesAsset Management0.4542.2366.4234.1210.271.240.01601.600.546240.480.080164Standard BusinessNONOYESNOCanada1
TSE:IGMIGMIGM FinancialFinancial ServicesAsset Management0.3627.716.608.9310.273.100.08128.120.725842.250.081224Standard BusinessNONONONOCanada1
TSE:ONEXONEXONEX CorporationFinancial ServicesAsset Management0.4960.906.011.0110.2760.080.00660.660.006740.400.141545Standard BusinessNONOYESNOCanada1
TSE:CIXCIXCI FinancialFinancial ServicesAsset Management0.5014.373.196.3710.272.260.05015.010.318640.720.050126Standard BusinessNONONONOCanada1
TSE:FSZFSZFiera Capital CorpFinancial ServicesAsset Management0.478.080.650.0010.27-0.140.104010.401.000040.840.210576Standard BusinessNONOYESNOCanada1
TSE:AGF.BAGF.BAGF ManagementFinancial ServicesAsset Management0.393.490.274.7110.270.740.09179.170.432440.320.091725Standard BusinessNONONONOCanada1

Oil & Gas – E&P

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:CNQCNQCanadian Natural ResourcesEnergyOil & Gas - E&P0.8023.9920.099.0513.282.650.07097.090.641541.700.178479Standard BusinessYESYESYESNOCanada1
TSE:ARXARXArc ResourcesEnergyOil & Gas - E&P0.295.181.830.0013.28-1.500.04634.631.0000120.240.046315Standard BusinessNONONONOCanada1
TSE:OVVOVVOvintivEnergyOil & Gas - E&P0.538.851.656.9613.281.270.05985.980.416640.380.059826Standard BusinessNONONONOCanada1
TSE:VETVETVermillion EnergyEnergyOil & Gas - E&P0.386.210.970.0013.28-8.470.03863.861.0000120.240.052234Standard BusinessNONONONOCanada1
TSE:CPGCPGCrescent Point EnergyEnergyOil & Gas - E&P0.181.740.920.0013.28-6.320.00570.571.000040.010.005713Standard BusinessNONONONOCanada1
TSE:ERFERFEnerplus CorporationEnergyOil & Gas - E&P0.253.420.540.0013.28-1.280.03513.511.0000120.120.035114Standard BusinessNONONONOCanada1
TSE:FRUFRUFreehold Royalties LtdEnergyOil & Gas - E&P0.253.570.42132.3213.280.030.05045.046.0000120.180.050413Standard BusinessNONONONOCanada1
TSE:BNEBNEBonterra Energy Corp.EnergyOil & Gas - E&P0.291.050.040.0013.28-7.910.114311.431.0000120.120.114324Standard BusinessNONONONOCanada1

REITs

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsAnnual DistributionChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:CAR.UNCAR.UNCanadian Apartment Properties REITReal EstateREIT - Residential0.6247.288.046.296.297.510.02922.920.1838121.380.04891212Standard BusinessNONOYESNOCanada1
TSE:AP.UNAP.UNAllied Properties REITReal EstateREIT - Office0.6540.124.946.426.426.250.04114.110.2640121.650.06291212Standard BusinessNONOYESNOCanada1
TSE:REI.UNREI.UNRioCanReal EstateREIT - Retail0.5513.734.366.216.212.210.104910.490.6516121.440.10911212Standard BusinessNONONONOCanada1
TSE:CHP.UNCHP.UNChoice Properties REITReal EstateREIT - Retail0.7511.973.7212.7412.740.940.06186.180.7872120.740.10601212Standard BusinessNONOYESNOCanada1
TSE:GRT.UNGRT.UNGranite REITReal EstateREIT - Industrial0.5765.653.528.668.667.580.04424.420.3831122.900.09731212Standard BusinessNONOYESNOCanada1
TSE:SRU.UNSRU.UNSmartCentres REITReal EstateREIT - Retail0.6018.842.7210.8610.861.740.09829.821.0634121.850.11131212Standard BusinessNONOYESNOCanada1
TSE:HR.UNHR.UNH&R REITReal EstateREIT - Diversified0.478.562.450.000.00-2.360.08138.131.0000120.700.07711212Standard BusinessNONONONOCanada1
TSE:NVU.UNNVU.UNNorthview Apartment REITReal EstateREIT - Residential0.5534.412.309.649.643.570.04744.740.4565121.630.04741212Standard BusinessNONONONOCanada1
TSE:CSH.UNCSH.UNChartwell Retirement ResidencesReal EstateREIT - Healthcare Facilities0.507.931.710.000.00-0.010.07727.721.0000120.610.04721212Standard BusinessNONOYESNOCanada1
TSE:IIP.UNIIP.UNInterRent REITReal EstateREIT - Residential0.6013.861.694.554.553.050.02242.240.1016120.310.09491212Standard BusinessNONOYESNOCanada1
TSE:NWH.UNNWH.UNNorthwest Healthcare Properties REITReal EstateREIT - Healthcare Facilities0.629.251.639.389.380.990.08658.650.8081120.800.08651212Standard BusinessNONONONOCanada1
TSE:KMP.UNKMP.UNKillam Apartment REITReal EstateREIT - Residential0.7316.491.625.835.832.830.04124.120.2403120.680.05411212Standard BusinessNONONONOCanada1
TSE:DIR.UNDIR.UNDream IndustrialReal EstateREIT - Industrial0.719.301.425.815.811.600.07537.530.4375120.700.07531212Standard BusinessNONONONOCanada1
TSE:CUF.UNCUF.UNCominar REITReal EstateREIT - Diversified0.517.291.332.872.872.540.09889.880.2835120.720.00001212Standard BusinessNONONONOCanada1
TSE:SMU.UNSMU.UNSummit Industrial Income REITReal EstateREIT - Industrial0.729.521.317.047.041.350.05675.670.4000120.540.06561212Standard BusinessNONOYESNOCanada1
TSE:CRT.UNCRT.UNCT REITReal EstateREIT - Retail0.4512.121.2630.7930.790.390.06506.502.0191120.790.09711212Standard BusinessNONOYESNOCanada1
TSE:CRR.UNCRR.UNCrombie REITReal EstateREIT - Diversified0.7412.001.1217.7617.760.680.07427.421.3089120.890.07401212Standard BusinessNONONONOCanada1
TSE:D.UND.UNDream Office REITReal EstateREIT - Office0.6818.451.026.766.762.730.05425.420.3663121.000.00001212Standard BusinessNONONONOCanada1
TSE:AX.UNAX.UNArtis REITReal EstateREIT - Diversified0.637.100.980.000.00-0.250.07617.611.0000120.540.07611212Standard BusinessNONONONOCanada1
TSE:BEI.UNBEI.UNBoardwalk REITReal EstateREIT - Residential0.4825.300.8333.7733.770.750.03963.961.3344121.000.00001212Standard BusinessNONONONOCanada1
TSE:MRG.UNMRG.UNMorguard North American Residential REITReal EstateREIT - Residential0.5513.290.524.634.632.870.05265.260.2438120.700.07291212Standard BusinessNONONONOCanada1
TSE:TNT.UNTNT.UNTrue North Commercial REITReal EstateREIT - Diversified0.615.150.449.189.180.560.115311.531.0607120.590.11531212Standard BusinessNONONONOCanada1
TSE:SRT.UNSRT.UNSlate Retail REITReal EstateREIT - Retail0.498.100.338.178.170.990.150515.051.2314120.860.27021212Standard BusinessNONONONOCanada1
TSE:PLZ.UNPLZ.UNPlaza Retail REITReal EstateREIT - Retail0.572.800.298.798.790.320.09999.990.8738120.280.13821212Standard BusinessNONONONOCanada1
TSE:APR.UNAPR.UNAutomotive Properties REITReal EstateREIT - Diversified0.577.350.288.758.750.840.109410.940.9571120.800.42021212Standard BusinessNONONONOCanada1
TSE:MRT.UNMRT.UNMorguard REITReal EstateREIT - Diversified0.424.510.270.000.00-1.720.106410.641.0000120.480.09561212Standard BusinessNONONONOCanada1
TSE:SOT.UNSOT.UNSlate Office REITReal EstateREIT - Diversified0.443.600.246.546.540.550.111111.110.7273120.400.10891212Standard BusinessNONONONOCanada1
TSE:BTB.UNBTB.UNBTB REITReal EstateREIT - Diversified0.513.100.193.533.530.880.135513.550.4773120.420.13551212Standard BusinessNONONONOCanada1
TSE:INO.UNINO.UNInovalis REITReal EstateREIT - Office0.456.110.182.432.432.520.135013.500.3274120.830.13501212Standard BusinessNONONONOCanada1
TSE:PRV.UNPRV.UNPRO REITReal EstateREIT - Diversified0.513.620.148.578.570.420.124312.431.0714120.450.12431212Standard BusinessNONONONOCanada1
TSE:DRA.UNDRA.UNDream Hard Asset Alternatives Trust REITReal EstateREIT - Diversified0.554.370.000.000.000.000.09159.151.0000120.400.15391212Standard BusinessNONONONOCanada1

Utilities – Regulated

TickerKeyTickerCompanySectorIndustryScoreQuoteMarket CapP/EFPEEPSYield RawYieldPayoutRatioPaymentsDividendChowderGrowthRatingIncomeRatingTollboothAmbassadorAchieverAristocratKingCountryGraph
TSE:FTSFTSFortisUtilitiesUtilities - Regulated0.5750.7023.5313.5621.503.740.03773.770.510741.910.095755Standard BusinessNOYESYESNOCanada1
TSE:BIP.UNBIP.UNBrookfield Infrastructure PartnersUtilitiesUtilities - Regulated0.6454.0215.7467.4421.500.800.05625.623.792142.150.148276Standard BusinessYESYESNONOCanada1
TSE:HHHydro OneUtilitiesUtilities - Regulated0.4225.2715.0918.2021.501.390.04014.010.729841.010.082033Standard BusinessNONONONOCanada1
TSE:EMAEMAEmeraUtilitiesUtilities - Regulated0.5952.1112.7014.5521.503.580.04704.700.684442.450.106956Standard BusinessNOYESYESNOCanada1
TSE:CUCUCanadian UtilitiesUtilitiesUtilities - Regulated0.6330.218.239.9721.503.030.05765.760.574841.740.149056Standard BusinessNOYESYESNOCanada1
TSE:ACO.XACO.XAtcoUtilitiesUtilities - Regulated0.6035.214.108.2821.504.250.04944.940.409641.740.173766Standard BusinessYESYESYESNOCanada1
TSE:CPXCPXCapital Power CorporationUtilitiesUtilities - Regulated0.3624.762.60189.3321.500.130.07757.759.999941.920.149544Standard BusinessNONOYESNOCanada1
TSE:BIPCBIPCBrookfield Infrastructure PartnersUtilitiesUtilities - Regulated0.5861.612.030.0021.500.000.04924.920.000042.150.141376Standard BusinessYESYESNONOCanada1

Sector Classifications

Sector classification is driven by a set of standards across North America, stock market and indexes. There is a specific company classification referred to as NAICS (North American Industry Classification System) managing a set of classifications. Statistic Canada is also a partner with defining the NAICS with company counts for different classifications.

While the company classification is critical to understand the evolution of industries, it is by far too detailed to manage for investors and all companies can be grouped under a sector. The best visual tree I could find is under Wikipedia's Global Industry Classification Standard.

SectorsIndustries
Basic MaterialChemicals, Construction Materials, Containers & Packaging, Metals & Mining, Paper & Forest Products
Communication ServicesDiversified Telecommunication Services, Wireless Telecommunication Services
Consumer CyclicalAuto Components, Automobiles, Household Durables, Leisure Products, Textiles, Apparel & Luxury Goods, Hotels, Restaurants & Leisure, Diversified Consumer Services, Media, Distributors, Internet & Direct Marketing Retail, Multiline Retail, Specialty Retail
US Consumer Defensive SectorFood & Staples Retailing, Beverages, Food Products, Tobacco, Household Products, Personal Products
Canadian EnergyEnergy Equipment & Services, Oil, Gas & Consumable Fuels
Financial ServicesBanks, Thrifts & Mortgage Finance, Diversified Financial Services, Consumer Finance, Capital Markets, Mortgage Real Estate Investment Trusts (REITs), Insurance
US HealthcareHealth Care Equipment & Supplies, Health Care Providers & Services, Health Care Technology, Biotechnology, Pharmaceuticals, Life Sciences Tools & Services
US Industrial SectorAerospace & Defense, Building Products, Construction & Engineering, Electrical Equipment, Industrial Conglomerates, Machinery, Trading Companies & Distributors, Commercial Services & Supplies, Professional Services, Air Freight & Logistics, Airlines, Marine, Road & Rail, Transportation Infrastructure
Canadian Real EstateEquity Real Estate Investment Trusts (REITs), Real Estate Management & Development
US TechnologiesInternet Software & Services, IT Services, Software, Communications Equipment, Technology Hardware, Storage & Peripherals, Electronic Equipment, Instruments & Components, Semiconductors & Semiconductor Equipment
UtilitiesElectric Utilities, Gas Utilities, Multi-Utilities, Water Utilities, Independent Power and Renewable Electricity Producers
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