Industries with the Highest Profit Margin in Canada in 2025

1. Physical Therapists in Canada

Profit Margin 2025: 34.8%

Physical therapists have continued gaining popularity and have become essential to promoting health and wellness. Therapists have benefited from an aging population as adults aged 65 and older endure health conditions that require physiotherapy (think hip and knee replacements and arthritis). While the pandemic caused issues for many sectors, healthcare was deemed essential and therapists continued to treat patients at a limited rate. Some offices implemented several barriers and precautions to prevent the spread of the virus, while others conducted virtual sessions through video calls. Overall, industry revenue is expected to grow at a CAGR of 3.0% to $4.3 billion... Learn More

2. Day Care in Canada

Profit Margin 2025: 33.2%

The industry provides care for infants or young children that are typically under the age of five. Additionally, operators may offer prekindergarten programs and care for older children when they are not in school. Over the five years to 2023, increased government consumption and investment and the rising number of women in the workforce have driven industry demand. As the maternal labour participation rate increases, fewer parents are available to take care of infants, toddlers and preschool-aged children. In addition, government subsidies have been critical in enabling families to afford the cost of day care. The COVID-19 pandemic is expected... Learn More

3. Property Management in Canada

Profit Margin 2025: 32.8%

Property management is expected to marginally decline over the five years to 2023. Operators provide a variety of services related to the management of residential and nonresidential properties, which include collecting rent, screening tenants and general maintenance. As a result, the industry relies on Canadian residential and nonresidential construction. During most of the period, investment has driven demand for industry services. While the value of nonresidential construction has been muted over most of the five years to 2023, sustained growth in the value of residential construction and other favourable trends during have supported the industry. Property managers were able to... Learn More

4. Accounting Services in Canada

Profit Margin 2025: 32.1%

Accounting firms benefit from near constant need, regardless of economic activity. Even during particularly poor conditions, like at the pandemic's height, consumers and businesses still filed taxes, requiring accountants. Even businesses forced to shutter their doors often required bankruptcy and receivership services, benefitting accounting firms. The evergreen nature of many services offered by accounting firms keep revenue growth relatively stable. In fact, over the past five years, revenue has been growing at a CAGR of 1.8% and is expected to reach $17.4 billion in 2023, when revenue will rise 2.7%.

Wages account for the highest share of an accounting firm's revenue,... Learn More

5. 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

6. Dentists in Canada

Profit Margin 2025: 29.5%

While the Canada Health Act only covers dental care for certain groups, leaving most consumers to pay out of pocket or with private insurance for dental services, dental practices typically experience strong, steady growth. The pandemic introduced an uncommon level of volatility, as social-distancing measures resulted in visits sinking before swiftly rebounding as vaccines rolled out. As health expenditure dipped following the pandemic's height, revenue followed. As a result of the fluctuations, revenue has been growing at a CAGR of 1.8% and is expected to reach $21.7 billion in 2023 when revenue is expected to rise 2.6%.

Despite volatility, dentists are... Learn More

7. 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

8. Management Consulting in Canada

Profit Margin 2025: 28.8%

Management consulting in Canada is composed of companies that provide consulting services to private businesses and the public sector. These advisory services are tailored to provide strategic, financial, marketing, operational and supply chain management consulting services. Businesses partake in mergers and acquisitions, joint ventures, divestitures and initial public offerings based on their expectations of what the future holds. Although the company provides countercyclical services that support industry revenue during economic downturns, the COVID-19 pandemic hindered industry operations in unprecedented ways in 2020. Revenue is expected to grow at a CAGR of 2.0% to $23.9 billion over the years to 2023,... Learn More

9. Real Estate Sales & Brokerage in Canada

Profit Margin 2025: 28.4%

Real estate sales and brokerage services are closely aligned with the health of the Canadian real estate market. Revenue rises alongside property prices and real estate transaction volumes as real estate agents are paid on a commission basis when they close a deal. A growing, aging and progressively wealthy Canadian population has boosted demand for residential properties. Industry revenue has been growing at a CAGR of 7.3% over the past five years, and is expected to reach $26.0 billion through the end of 2023, despite a decline of 2.5% in 2023 alone.

Revenue has grown despite a sharp decline in the... Learn More

10. Gold & Silver Ore Mining in Canada

Profit Margin 2025: 27.5%

Gold and silver ore mining continue to thrive as production outputs expand. While the industry does contain silver mining, Canada's vast deposit of gold mines leads to more than 97.0% of revenue coming straight from gold product sales. Rising gold prices amid the pandemic led to an influx of investor buyouts since gold is countercyclical to the market and hedges against inflation and market volatility. Revenue continued to expand even as production dipped following limited operational capacity as miners abided by health and safety regulations. Even so, as the economy recovered, investors began resuming interest in other asset classes. Gold... Learn More