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Corporate operating profit rises 9.7 per cent to $228.2 billion in second quarter

Statistics Canada reports Canadian corporations' operating profit was up $20.1 billion from the first quarter, with the gain mainly in non-financial industries.

By Nora Bennett Business & Data Published Written up 1 source 1 min read
Minimalist office desk with a computer and a wall calendar
Library photo Minimalist office desk with a computer and a wall calendar. Does not depict this event. Roman Bozhko romanbozhko / CC0. Resized; may be cropped for display. Photo source Photo licence

Canadian corporations reported operating profit of $228.2 billion in the second quarter, an increase of $20.1 billion, or 9.7 per cent, from the first quarter, Statistics Canada said Aug. 24.1

The agency attributed the quarterly increase mainly to non-financial industries. Compared with the same quarter one year earlier, operating profit was up $29.7 billion, or 15.0 per cent.1

The figures are not seasonally adjusted, and the agency did not report a margin of error. A quarterly move is not a trend, and the national total does not show how profit was distributed across industries or provinces.1

Prepared with reporting tools under our editorial standards. Our editorial approach.

Sources

  1. Quarterly financial statistics for enterprises, second quarter 2026 · Statistics Canada

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