Canadian corporations reported net income of C$151 billion in the first quarter of 2026, below the revised C$155.4 billion in the prior quarter. Meanwhile, operating profit increased to C$209.9 billion from C$205.8 billion in the previous period, led by non-financial industries where profit rose C$3.3 billion (+3.1%) to C$110.2 billion, with 21 of 39 industries reporting growth. Oil and gas extraction was the largest contributor, as profit surged C$3.0 billion (+34.8%) on higher crude prices following supply disruptions linked to the March closure of the Strait of Hormuz. Petroleum and coal product manufacturers also posted strong gains, with operating profit rising C$1.2 billion (+34.6%) to C$4.6 billion, the highest since Q2 2024, driven by higher refined product prices. source: Statistics Canada
Corporate Profits in Canada decreased to 151074 CAD Million in the first quarter of 2026 from 155399 CAD Million in the fourth quarter of 2025. Corporate Profits in Canada averaged 52033.37 CAD Million from 1988 until 2026, reaching an all time high of 155399.00 CAD Million in the fourth quarter of 2025 and a record low of -758.00 CAD Million in the fourth quarter of 1992. This page provides - Canada Corporate Profits - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Corporate Profits - values, historical data and charts - was last updated on June of 2026.
Corporate Profits in Canada decreased to 151074 CAD Million in the first quarter of 2026 from 155399 CAD Million in the fourth quarter of 2025. Corporate Profits in Canada is expected to be 148000.00 CAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Corporate Profits is projected to trend around 154000.00 CAD Million in 2027 and 157000.00 CAD Million in 2028, according to our econometric models.