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Industries with the Highest Labor Costs in Canada in 2026
Industries with the Highest Labor Costs in Canada 2026
| Rank | Industry | Labor Costs | Market Size | Businesses | Employees |
|---|---|---|---|---|---|
| 1 | IT Consulting in Canada | $52.6B | $126.6bn | 115,891 | 512,869 |
| 2 | Commercial Banking in Canada | $52.2B | $491.1bn | 84 | 304,255 |
| 3 | Hospitals in Canada | $44.4B | $99.5bn | 300 | 647,860 |
| 4 | Colleges & Universities in Canada | $24.4B | $55.7bn | 175 | 344,682 |
| 5 | Primary Care Doctors in Canada | $23.1B | $47.3bn | 72,048 | 133,412 |
| 6 | Engineering Services in Canada | $19.5B | $47.4bn | 24,678 | 208,491 |
| 7 | Full-Service Restaurants in Canada | $15.8B | $47.2bn | 78,287 | 648,655 |
| 8 | Nursing Care Facilities in Canada | $13.3B | $24.8bn | 4,429 | 257,025 |
| 9 | Pharmacies & Drug Stores in Canada | $13.0B | $88.3bn | 20,238 | 347,547 |
| 10 | Supermarkets & Grocery Stores in Canada | $12.9B | $121.3bn | 8,891 | 438,491 |
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Frequently Asked Questions
What is the industry with the highest labor costs in Canada in 2026?
The industry with the highest labor costs in Canada in 2026 is IT Consulting, with a $52.6B labor costs for 2026. This ranking is based on data compiled by IBISWorld industry analysts.
What are the top three industries with the highest labor costs in Canada in 2026?
The top three industries with the highest labor costs in Canada in 2026 are IT Consulting, Commercial Banking and Hospitals. Rankings are updated using IBISWorld data.