Canadian corporations reported an increase of 1.5% in net income before taxes (NIBT) in the second quarter of 2024, reaching $163.2 billion. This gain was driven by the non-financial sector (+3.0%) and partly offset by the financial sector (-1.8%). source: Statistics Canada
Corporate Profits in Canada averaged 47614.95 CAD Million from 1988 until 2024, reaching an all time high of 153763.00 CAD Million in the fourth quarter of 2021 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 November of 2024.
Corporate Profits in Canada is expected to be 149000.00 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 132000.00 CAD Million in 2025 and 134000.00 CAD Million in 2026, according to our econometric models.