Technology, software, media and telecommunications in Canada
This page gathers the figures we hold on technology, software, media and telecommunications in Canada. Each section names its own source.
Each source groups industries its own way, so the edges of technology, software, media and telecommunications differ a little from section to section.
- Median sale multiple8.0times EBITDA
- EBITDA margin22.9%share of revenue, 2024
- Earnings change+3.3%the year to June 2026
What businesses sold for
- Technology, software, media and telecommunications8.0 times EBITDA, middle half 6.0 to 12.0, 20+ deals
- IT services6.0 times EBITDA, 5+ deals
Deal details
Technology, software, media and telecommunications: median 8.0 times EBITDA. The middle half of deals ran from 6.0 to 12.0 times (20+ deals of C$9.1 million to C$455 million, announced 2002 to 2026).
IT services: median 6.0 times EBITDA (5+ deals of C$9.1 million to C$455 million, announced 2015 to 2022).
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.
Margins
In 2024, operating profit plus depreciation and amortisation came to 22.9% of revenue across the industry. The measure is close to EBITDA.
Operating profit came to 9.6% of revenue, and staff costs took 23.8%.
Information and cultural industries (NAICS 51); computer systems design and hardware makers sit in other sectors in NAICS.
Every incorporated business in the industry is added together, so the figures are not a typical business. The measure close to EBITDA is our calculation from Statistics Canada's figures.
Source: adapted from Statistics Canada, Balance sheet, income statement and taxation statistics with selected financial ratios, by non-financial industries (33-10-0500-01), 2024. Ratios computed by onestepright. This does not constitute an endorsement by Statistics Canada of this product.
Businesses that started and stopped
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.
Each bar comes from its own Statistics Canada series, named below.
Average weekly earnings in information and cultural industries, the Statistics Canada group nearest technology, software, media and telecommunications, rose 3.3% 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, 8.7% of technology, software, media and telecommunications businesses expected to raise their prices over the next three months. Across all businesses, 20.6% did.
Information and cultural industries (NAICS 51); computer systems design and hardware makers sit in other sectors in NAICS.
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 technology, software, media and telecommunications in Australia.
See technology, software, media and telecommunications in New Zealand.
See technology, software, media and telecommunications in the United Kingdom.
See technology, software, media and telecommunications in the United States.
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