Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Industries with the Highest Profit Margin in Canada in 2025
The 10 Industries with the Highest Profit Margin in Canada
Want to see more industries with the highest profit margin?
View a list of the Top 25 industries with the highest profit marginIndustries with the Highest Profit Margin in Canada in 2025
-
1. Commercial Banking in Canada
Profit Margin 2025: 31.0%
Despite low interest rates and some hiccups in economic growth, commercial banks in Canada have expanded throughout 2023. Banks have done an exceptional job diversifying revenue streams, overcoming limits imposed by low interest rates, and increasing regulations. The industry primarily generates revenue through interest income sources, such as business loans and mortgages, but it also generates income through noninterest sources, which include fees on a variety of services and commissions. Industry revenue has been growing at a CAGR of 2.2% over the past five years and is expected to total $275.4 billion in 2023, when revenue will likely jump an... Learn More
-
2. Apartment Rental in Canada
Profit Margin 2025: 29.1%
Revenue for Canadian apartment lessors has grown in recent years. Apartment lessors collect rental income from properties they lease, where the rates they charge are largely determined by market forces. The supply of apartment rentals has grown at a slower rate than demand, which has elevated rental rates to the benefit of lessors. Favourable economic conditions and demographic trends during most of the period have driven growth in demand. In 2020, the spread of COVID-19 lessened demand for apartment rentals, but the nature of apartment leases prevented a decline in revenue until 2021. Revenue has grown since 2022 as higher... Learn More
-
3. Home Care Providers in Canada
Profit Margin 2025: 25.9%
The Home Care Providers industry in Canada has grown, with a multitude of diverse companies offering services to growing healthcare markets. Operators cater largely to the elderly population, which is growing at a rate exceeding the national population growth rate, and to individuals suffering from chronic illnesses and disabilities. As operators have expanded their service offerings, they have become an attractive alternative to institutionalized healthcare settings, such as hospitals and rehabilitative centres, which are generally less personal and more expensive. Consequently, industry revenue is projected to have increased at a CAGR of 5.5% to reach $7.1 billion in 2023, when... Learn More
-
4. Audio & Video Equipment Manufacturing in Canada
Profit Margin 2025: 24.0%
A key ability that successful companies in this industry possess is the ability to adapt their business strategy to changing consumer and other market preferences. As a result, most manufacturers spend a significant amount of money on research and development initiatives. Audio and video manufacturers have faced volatile demand trends during the period. 2020 provided manufacturers with strong demand since extremely low-interest rates and rapidly rising housing starts led to increased downstream demand from new homeowners looking to outfit their property. This carried over into 2021 as rates remained low and housing starts remained high. As the Bank of Canada... Learn More
-
5. Pest Control in Canada
Profit Margin 2025: 19.5%
While the rise of bed bugs across Canada has left homeowners and business owners frustrated, it has been a boon for the Pest Control industry in Canada. The increasing ubiquity of these nighttime pests has fuelled demand for pest extermination professionals, underpinning robust revenue growth. COVID-19 contributed to a temporary decline in demand for bed bug removal services, though it led to increased demand for rodent control as rats and mice sought new food sources as restaurants closed. As a result of heightened demand for extermination and prevention services, industry revenue is expected to grow, increasing an annualized 6.2% to... Learn More
-
6. Hotels & Motels in Canada
Profit Margin 2025: 18.5%
Hotels and motels have benefited from rising incomes and population growth in recent years as consumers spent freely on vacations and hotel stays. But, when COVID-19 shut down tourism, hotel rooms were left empty, creating long-lasting financial and operational challenges. A travel slump through early-2021 left the industry struggling, as bookings stayed at a fraction of what they were in 2019. Yet, long periods at home left consumers with savings and pent-up demand to spend on trips as travel restrictions lifted. While enormous demand for travel led to a rapid recovery at hotels between 2022 and 2023, supply chain disruptions... Learn More
-
7. Chocolate Production in Canada
Profit Margin 2025: 18.0%
Canadian chocolate producers transform raw materials, such as cacao beans, sugar and milk, into various products, including chocolate bars, stuffed chocolates and premium chocolate boxes. Demand has fluctuated due to strong disposable income, increased health consciousness and volatile input prices. Chocolate producers have benefited from greater demand for premium chocolates and steady export growth. Rising discretionary spending has bolstered chocolate producers considerably. Rising chocolate prices have weighed on demand in recent years, as major players bolster profit via more expensive chocolates. Industry revenue is expected to decrease at a CAGR of 1.2% to $2.6 billion through the end of 2023,... Learn More
-
8. Nonferrous Metal Rolling & Alloying in Canada
Profit Margin 2025: 15.8%
The Nonferrous Metal Rolling and Alloying industry in Canada processes precious metals, nickel, zinc and other nonferrous metals, except for aluminum and copper, which operators purchase from primary producers or recover from scrap. In recent years, the industry has experienced tremendous swings in metal prices, which comprise operators' primary inputs. Supply chain issues which arose in the wake of the COVID-19 pandemic drove up prices for metals such as nickel, supporting revenue growth. Still, the pandemic disrupted industrial activity to the detriment of this industry. IBISWorld estimates industry revenue has been decreasing at a CAGR of 5.6% over the past... Learn More
-
9. Snack Food Production in Canada
Profit Margin 2025: 15.6%
Canadian snack food producers make potato and corn chips, pretzels, roasted and salted nuts, peanut butter, popcorn and other snacks. Producers have benefited from increased demand through the end of 2023 as discretionary income levels increased. Higher consumer spending has boosted sales of potato and tortilla chips, nuts and seeds. Buyers also tend to purchase more expensive and healthier products as they have more to spend on snack foods, supporting profit. While many industry products are unhealthy and demand for such goods has slowed, many companies have developed new products to attract health-conscious consumers. Revenue has risen a CAGR of... Learn More
-
10. TV & Appliance Wholesaling in Canada
Profit Margin 2025: 14.6%
TV and appliance wholesalers in Canada have benefited from consistent spending from downstream markets, a trend that has continued despite the global disruptions triggered by the COVID-19 pandemic. As lockdown measures pushed more people to spend time at home, many undertook home renovations and boosted the usage of their appliances – driving up wholesalers' sales. Despite global supply chain disruptions, the higher sales volume offset the impact of elevated supply chain expenses on profit. But, increasing interest rates and looming recession fears are straining demand for new appliances and TVs in 2023. While sales haven't completely contracted for a sector... Learn More
More Industry Trends
Most Profitable Industries in Canada in 2025
Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Most Profitable Industries in Canada in 2025
VIEW ARTICLEFastest Growing Industries in Canada in 2025
Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Fastest Growing Industries in Canada by Revenue Growth (%) in 2025
VIEW ARTICLEWant to see what a full IBISWorld report looks like?
Download a free sample report today to discover the breadth and depth of information available at your fingertips!
GET SAMPLE REPORT