Industries with the Biggest Increase in Profit Margin in Canada in 2026

• 1. Uranium & Metal Ore Mining

  Percentage Point Increase for 2026: 4.9pp

  Uranium and metal ore miners have exhibited constant shifts in revenue as commodity prices have fluctuated amid global supply and demand conditions. While the pandemic severely hampered production as lockdowns shut down mining activities, miners benefited from the overall positive movement of platinum and uranium. As mines reopened and the need for these minerals remains strong, production and prices swelled, providing miners with a robust recovery period. Overall, industry revenue has climbe...

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• 2. Wind Turbine Manufacturing in Canada

  Percentage Point Increase for 2026: 4.6pp

  Wind turbine manufacturers in Canada have experienced a dynamic shift in recent years. Canada is well-suited for generating wind-powered electricity because it has large tracts of land and abundant wind resources. Installed wind power capacity in Canada has grown, aided by federal and provincial government incentives designed to reduce greenhouse gases and promote clean energy. These incentives include tax deductions, investment tax credits, feed-in tariffs and governme...

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• 3. Jewellery Manufacturing in Canada

  Percentage Point Increase for 2026: 4.2pp

  Canadian jewellery production has endured significant volatility in recent years. Fluctuating macroeconomic conditions have directly impacted demand for luxury products. Jewellery revenue jumped in 2020 and 2021. During this time, producers benefited from passing on soaring gold and silver prices to buyers, which, combined with higher significant disposable income gains in 2020, largely supported growing revenue. Although input prices largely continued to grow over the following years, weaken...

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• 4. Syrup & Flavouring Production in Canada

  Percentage Point Increase for 2026: 3.4pp

  Syrup and flavouring producers in Canada manufacture beverage bases, such as concentrates and fountain syrups and other flavouring syrups. Most industry products are used in the downstream manufacturing of finished beverages. Consequently, the Soda Production industry in Canada (IBISWorld report 31211aCA) is a major buyer of industry products. Demand from downstream manufacturers has declined in recent years, as many food and beverage producers have consolidated and begun producing syrups and...

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• 5. Movie Theatres in Canada

  Percentage Point Increase for 2026: 3.3pp

  The performance of the movie theatre industry largely depends on the success or failure of major film releases. Although per capita disposable income directly influences households' ability to spend on discretionary services, such as movies, blockbuster films' marketing efforts and popularity strongly determine revenue, as movie-going is a relatively low-cost entertainment option. The COVID-19 pandemic created significant disruptions for the industry as theatres temporarily closed and audienc...

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• 6. Corn Farming in Canada

  Percentage Point Increase for 2026: 2.7pp

  In the current period, the corn industry has experienced modest revenue growth at a CAGR of 1.2% since 2020, reaching $3.3 billion, despite a contraction of 7.2% in 2025. The industry's initial growth through 2022 has been tempered since then by a global corn glut that has exerted significant downward pressure on prices. Amid this oversupply, Canadian corn yields have reached record highs, particularly in Eastern Canada, due to improved hybrids and agronomy practices. This has kept corn suppl...

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• 7. Ski & Snowboard Resorts in Canada

  Percentage Point Increase for 2026: 2.1pp

  Canada’s ski and snowboard resort industry has undergone significant change in recent years, driven by both climatic and economic shifts. While demand for snow sports remains robust, operators are grappling with shorter ski seasons due to warmer winters and unpredictable snowfall, which has made planning and operations notably more complex. High-profile resorts like Whistler Blackcomb continue to attract record numbers of both domestic and international visitors; however, the entire sector is...

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• 8. Printing, Paper, Food, Textile & Other Machinery Manufacturing in Canada

  Percentage Point Increase for 2026: 1.9pp

  Printing, paper, food, textile and other machinery manufacturers are critical in supplying equipment to Canada's broader manufacturing sector. Healthy economic and population growth have led to the country's manufacturing sector flourishing in recent years, benefiting machinery manufacturers. The pandemic, as well as more recent geopolitical tensions and global conflicts, posed a significant challenge for manufacturers, as disruptions to nearly every downstream market introduced unprecedented...

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• 9. Nonferrous Metal Rolling & Alloying in Canada

  Percentage Point Increase for 2026: 1.8pp

  The nonferrous metal rolling and alloying industry is heavily influenced by key downstream sectors. The aerospace sector significantly influences the nonferrous metal industry, especially with demand for materials like titanium due to its strength-to-weight ratio, essential for aircraft manufacturing. The pandemic initially reduced demand due to travel restrictions, but recovery has driven production of new aircraft. The energy sector's demand for nonferrous metals has fluctuated, affected by...

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• 10. Hotels & Motels in Canada

  Percentage Point Increase for 2026: 1.8pp

  Before the pandemic, hotels and motels benefited from rising incomes and population growth. However, hotel rooms were left empty when the pandemic shut down tourism, creating long-lasting financial and operational challenges. Long periods at home left consumers with savings and pent-up demand to spend on trips as travel restrictions lifted, leading to a rapid recovery at hotels between 2022 and 2023. Nonetheless, concerns about a recession and inflation partially stifled Canadian consumers' a...

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