Industries with the Highest Profit Margin in Canada in 2025

• 1. Day Care in Canada

  Profit Margin 2025: 93.9%

  Day care centres in Canada have been experiencing significant shifts as more and more working parents have relied on these services to care for their children. Dual-income families are the status quo in Canada. At the same time, a higher labour force participation rate for women (which day care supports) strengthens the role of child day care in helping families and nationwide economic growth. Record levels of federal investment have entered the industry: the Canadian government sought to sup...

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• 2. Home Care Providers in Canada

  Profit Margin 2025: 80.4%

  Home care providers in Canada play a crucial role in supporting the aging population. The number of adults aged 65 and older is rapidly outpacing the national population growth, leading to a strong and increasing demand for home care services. Older Canadians often need assistance with complex, chronic health conditions and daily activities and there is a growing preference among them to stay in their homes as they age. Despite the expanding market, home care providers face significant challe...

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• 3. Accounting Services in Canada

  Profit Margin 2025: 75.4%

  Accounting services continue to benefit from stable downstream demand and strong recovery in consumer markets following a period of inflationary volatility in 2022. The mandatory nature of niche accounting services, such as bookkeeping and auditing, continues generating consistent demand among clients looking to ensure regulatory compliance and accurate tax filing as mandated by law. Changes in federal tax policy, such as the Digital Services Tax, provided greater client interest in professio...

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• 4. Photography in Canada

  Profit Margin 2025: 72.7%

  The Canadian photography industry has experienced renewed momentum following a steep downturn, supported by stronger economic conditions and rising personal incomes. As business optimism strengthens, companies are expanding their budgets for visual content, fueling demand for professional services across retail, real estate and hospitality. This widespread investment underscores the continued importance of high-quality imagery in brand differentiation and digital engagement. While smartphone ...

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• 5. Human Resources & Benefits Administration in Canada

  Profit Margin 2025: 72.6%

  Canadian human resources and benefits administrators have faced several headwinds over the past five years. Shifting economic conditions stemming from events like the COVID-19 pandemic, the recovery and recessionary fears spurred on by high interest rates, have curbed Canadian companies’ willingness to spend on human resources and benefits administration, slowing revenue growth and discouraging new entrants. With fewer firms entering and some exiting, large providers have captured a larger ma...

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• 6. Security Services in Canada

  Profit Margin 2025: 72.6%

  Canada’s security services industry is experiencing shifting market conditions shaped by economic pressures, emerging growth sectors and broader volatility. Demand has surged from vital markets such as oil, gas and manufacturing, particularly in Alberta, as companies boost spending on safety and site protection. Meanwhile, shifts in economic conditions have enhanced volatility in recent years. Enhanced concerns about public safety led to a substantial rise in demand for security services in t...

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• 7. Telemarketing & Call Centres in Canada

  Profit Margin 2025: 68.7%

  Telemarketing and call centres in Canada have struggled with falling demand and a hostile competitive landscape. During the current period, many large companies have reduced their Canadian operations and offshored to overseas locations with high English proficiency but lower wage costs. On top of offshoring, the industry’s performance has been hurt by a sharp drop in outbound calling services, historically a significant facet of providers’ operations. Economic disruptions at the onset of the ...

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• 8. Dentists in Canada

  Profit Margin 2025: 68.4%

  Dental service providers faced significant revenue fluctuations because of economic challenges and the global health crisis. This led to consumer confidence and disposable income changes, causing many to postpone essential and elect...

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• 9. Payroll & Bookkeeping Services in Canada

  Profit Margin 2025: 68.0%

  The Canadian payroll and bookkeeping services industry has experienced slightly stable revenue expansion over the past five years. Despite a temporary growth disruption during  COVID-19, the industry rebounded in 2021 and remained upward through 2024. The result is an industry that now surpasses pre-pandemic revenue levels.

  The engine of this growth has been the propensity of growing businesses to outsource their payroll and bookkeeping tasks, favoring to concent...

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• 10. Office Staffing & Temp Agencies in Canada

  Profit Margin 2025: 67.6%

  Office staffing and temp worker agencies are heavily dependent on overall economic growth and macroeconomic conditions. The Canadian economy has enjoyed increasing employment and growth in key markets, with temporary staffing agencies providing services to IT companies, benefiting from the acceleration of digitization. Nonetheless, recent economic volatility amid heightened inflation has dampened operator growth, with employment in oil and gas extraction falling, reducing demand for temporary...

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