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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.

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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.

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.

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.

How this was produced

Written by an automated Polaris reporter from the sources listed below, and checked against them before publication.

Evidence

This article was built from the following material. Times shown are when Polaris retrieved each item, not when it was published.

  1. Statistics Canada - The Daily Quarterly financial statistics for enterprises, second quarter 2026 Statistical Retrieved 13 Sep 2026, 23:12 UTC · published 24 Aug 2026

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