Canadian ETF inflows hit record US$109 billion as active and fixed income products lead
Canada's exchange-traded fund industry pulled in a record US$109.26bn in net new money over the first seven months of 2026, nearly double the US$56.25bn it gathered over the same span last year.
Net inflows reached US$15.94bn in July alone, according to ETFGI's July 2026 Canada ETFs industry landscape insights report, extending the industry's run to 49 consecutive months of net additions.
Those flows lifted total assets to a record US$730.31bn at the end of the month, up 25.0 percent from the US$584.47bn recorded at the close of 2025 and past the previous high of US$719.69bn set in May.
ETFGI's data show active ETFs drew US$6.88bn during the month, bringing year-to-date net inflows to US$40.90bn, above the US$27.25bn gathered by the end of July 2025.
Fixed income ETFs took in US$1.14bn, raising their year-to-date total to US$12.43bn, which exceeds the US$7.29bn reported a year earlier.
Equity ETFs led all categories, according to the report, with US$7.43bn in July inflows and US$52.67bn year-to-date, up sharply from US$19.90bn at the same point in 2025.
Crypto ETFs attracted US$8.61m during the month for a year-to-date total of US$303.80m, slightly below the US$444.85m recorded a year earlier.
RBC iShares remained the largest provider at the end of July, ETFGI reported, with US$200.87bn in assets and a 27.5 percent share of the market.
BMO Asset Management ranked second at US$136.91bn, or an 18.7 percent share, followed by Vanguard at US$122.28bn and 16.7 percent.
The three firms together held 63.0 percent of industry assets, while each of the remaining 50 providers held less than 7 percent.
The industry ended July with 1,646 funds, 2,051 listings and 53 providers across two exchanges.
Providers have launched 189 new ETFs so far in 2026 while closing 17.
The top 20 ETFs by net new assets collectively gathered US$7.12bn during the month, led by the iShares Core Equity ETF Portfolio, which took in US$803.83m on its own.
Global equity markets were mixed during the month, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
"The S&P 500 declined slightly by 0.06 percent in July but remained up 10.14 percent year-to-date in 2026," Fuhr said.
She added that developed markets excluding the US gained 0.30 percent in July and 14.62 percent for the year, while emerging markets slipped 0.33 percent for the month but held a 9.40 percent year-to-date gain.
