By Steve Williams CExP™, CMMA
What is the Top Industry in Canada? A new report reveals which category of Canada’s economy are the most profitable and which are not.
Canada’s diverse economic landscape is an interplay of industries, each contributing to the nation’s growth and development. From the heart of bustling cities to the tranquil countryside, various sectors shape the fabric of the economy – but which should business leaders focus on when looking at acquisition and growth.
In this blog post, we’ll delve into a key factor when considering acquisition targets or new areas for growth – industry profitability. Specifically, the top five most profitable industries and the five least profitable industries in Canada. Whether you’re an M&A investor seeking the next acquisition or a business planner looking for vertical or horizontal opportunities, this guide is designed to provide you with valuable insights.