Financial and insurance services in Canada

This page gathers the figures we hold on financial and insurance services in Canada. Each section names its own source.

Each source groups industries its own way, so the edges of financial and insurance services differ a little from section to section.

What businesses sold for

The median and the middle half, in times EBITDA. The figure is the median. Under it are the middle half and the number of deals.
  1. Financial and insurance services14.5 times EBITDA, 5+ deals
Deal details

Financial and insurance services: median 14.5 times EBITDA (5+ deals of C$9.1 million to C$455 million, announced 2016 to 2025).

Sizes are converted from our size range of A$10 million to A$500 million, at the fixed rate our database uses to place overseas deals: C$1 = A$1.10. The rate stays fixed, so the range always describes the same deals.

See what Canadian businesses sell for, by sector.

These are deals for Canadian businesses in our database, not every deal in the market.

Source: deals in our database with a published value. Counts by onestepright.

Compare sale multiples across countries.

Businesses that started and stopped

Started and stopped, 2023
  1. Started11.3%All private sector industries12.3%
  2. Stopped13.4%All private sector industries11.9%

Each is a share of the industry's businesses with employees in 2023.

Statistics Canada counts businesses with employees. A business counts as stopped when it no longer has employees. These are Statistics Canada's own rates.

Source: adapted from Statistics Canada, Business Dynamics measures, by industry (33-10-0164-01), 2023. This does not constitute an endorsement by Statistics Canada of this product.

What costs did

What earnings and raw material prices did in this industry. Each comes from its own Statistics Canada series and grouping of industries. Earnings move with the mix of jobs and hours as well as with pay, so they are not a pay rate.

What costs did, the year to June 2026
  1. Earnings+12.4%

Each bar comes from its own Statistics Canada series, named below.

Average weekly earnings in finance and insurance, the Statistics Canada group nearest financial and insurance services, rose 12.4% in the year to June 2026.

Source: adapted from Statistics Canada, Employment and average weekly earnings (including overtime) for all employees by industry, monthly, seasonally adjusted (14-10-0223-01), June 2025 and June 2026. Change computed by onestepright. This does not constitute an endorsement by Statistics Canada of this product.

No Statistics Canada price series measures this industry's inputs closely enough to show.

Prices businesses expect to charge

In the third quarter of 2026, 12.7% of financial and insurance services businesses expected to raise their prices over the next three months. Across all businesses, 20.6% did.

Statistics Canada asked businesses with employees. Each business counts once, whatever its size.

Source: adapted from Statistics Canada, Business or organization expectations over the next three months, third quarter of 2026 (33-10-1178-01), 2026Q3. This does not constitute an endorsement by Statistics Canada of this product.

Adapted from Statistics Canada under the Statistics Canada Open Licence. This does not constitute an endorsement by Statistics Canada of this product.

See financial and insurance services in Australia.

See financial and insurance services in New Zealand.

See financial and insurance services in the United Kingdom.

See financial and insurance services in the United States.

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Financial and insurance services in Canada: deals, margins and costs · onestepright