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Canada’s nursing care facilities have been defined by a sustained surge in demand, driven by the country’s aging population. Seniors now account for nearly one in five Canadians and almost half of all provincial health spending, placing considerable pressure to expand long-term care facilities. Longer life expectancies, alongside the increasing prevalence of chronic conditions that come with age, have prompted an expansion of new beds across the country. With government at the federal and provincial levels steadily increasing funding for nursing care, industry revenue is expected to climb at a CAGR of 2.6% to reach $10.6 billion in 2025, with revenue growing 2.8% in 2025 alone.
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IBISWorld's research coverage on the Nursing Care Facilities industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.
The Nursing Care Facilities industry in Canada operates under the NAICS industry code 62311CA. This industry primarily provides inpatient and rehabilitative services and continuous personal care services. Care is usually provided for an extended period to individuals who require help with day-to-day activities but do not need to be in a hospital. This industry includes privately run for-profit and nonprofit nursing homes but excludes government-run nursing care facilities. Related terms covered in the Nursing Care Facilities industry in Canada include adl hierarchy score, long-term care and home healthcare.
Products and services covered in Nursing Care Facilities industry in Canada include For-profit nursing care facilities and Non-profit nursing care facilities.
Companies covered in the Nursing Care Facilities industry in Canada include Extendicare and Sienna Senior Living.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Nursing Care Facilities industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Nursing Care Facilities industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Nursing Care Facilities industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Nursing Care Facilities industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Nursing Care Facilities industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Nursing Care Facilities industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Nursing Care Facilities industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Nursing Care Facilities industry in Canada.
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The market size of the Nursing Care Facilities industry in Canada is $10.6bn in 2026.
There are 881 businesses in the Nursing Care Facilities industry in Canada, which has grown at a CAGR of 5.3 % between 2020 and 2025.
The Nursing Care Facilities industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Nursing Care Facilities industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Nursing Care Facilities industry in Canada has been growing at a CAGR of 2.6 % between 2020 and 2025.
Over the next five years, the Nursing Care Facilities industry in Canada is expected to grow.
The biggest companies operating in the Nursing Care Facilities industry in Canada are Extendicare and Sienna Senior Living
For-profit nursing care facilities and Nonprofit nursing care facilities are part of the Nursing Care Facilities industry in Canada.
The company holding the most market share in the Nursing Care Facilities industry in Canada is Extendicare.
The level of competition is high and steady in the Nursing Care Facilities industry in Canada.