Category: Service Industries
Canada Service Industries
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Property, Casualty and Direct Insurance in Canada - Industry Market Research Report
... business theft and medical malpractice. The industry has slightly declined throughout 2023 but has still benefited from gradual growth in per capita disposable income and corporate profit, which have enabled industry operators to charge higher ... Read More
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Automobile Wholesaling in Canada - Industry Market Research Report
... in the United States, as a large portion of revenue is derived from Canada's southern neighbour. Although international trade is accounted for at the manufacturing level, industry operators still target cross-border downstream markets, such as ... Read More
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Commercial Banking in Canada - Industry Market Research Report
... low interest rates, and increasing regulations. The industry primarily generates revenue through interest income sources, such as business loans and mortgages, but it also generates income through noninterest sources, which include fees on a variety ... Read More
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Insurance Brokers & Agencies in Canada - Industry Market Research Report
... a significant portion of their revenue from property and casualty (P&C) products, rising premiums directly increase brokerage commissions and fees. Moreover, the industry tends to grow when new policies are generated. As a result, expenditure ... Read More
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TV & Appliance Wholesaling in Canada - Industry Market Research Report
... lockdown measures pushed more people to spend time at home, many undertook home renovations and boosted the usage of their appliances – driving up wholesalers' sales. Despite global supply chain disruptions, the higher sales volume ... Read More
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Apartment & Condominium Construction in Canada - Industry Market Research Report
... housing crisis. In major urban centres, demand for housing units has exceeded the supply for years, inciting investment in retrofits and multistory apartment dwellings. Apartment contractors have been vital in filling the gaps in housing, ... Read More
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Debt Collection Agencies in Canada - Industry Market Research Report
... as government support and policies pushed banks and other institutions to defer mortgage, credit card and other payments for the time being. This weakened the need for debt collection agencies as companies. As the economy ... Read More
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Flower & Nursery Stock Wholesaling in Canada - Industry Market Research Report
... has continued to fare with increasing external competition that have produced a long-term structural decline. However, favourable economic conditions have led to growth in disposable income and expenditure in residential renovations, despite the COVID-19 pandemic, ... Read More
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Office Staffing & Temp Agencies in Canada - Industry Market Research Report
... save for 2020 amid the outbreak of COVID-19. Temporary staffing agencies providing services to IT companies enjoyed strong growth over the current period. Industry-wide revenue has been stagnant over the past five years and is ... Read More
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Employment & Recruiting Agencies in Canada - Industry Market Research Report
... rate in Canada. Recruiters are increasingly incorporating technology to provide value to clients. As a result of favourable economic growth, revenue is expected to grow at a CAGR of 0.7% to $8.6 billion through the ... Read More
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Consumer Credit in Canada
... 2024 - an all-time high, according to TransUnion. This increase has been mainly driven by a surge of Generation Z consumers and new immigrants entering the credit market. The most popular credit products among clients ... Read More
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Consumer Lending in Canada
... unrealistic until the later months of 2024 and into 2025. The country is suffering a severe housing shortage, and as such many Canadians have also been faced with challenges associated with finding housing while having ... Read More
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Store Cards in Canada
... cards issuers have adapted to clients’ demands by including appealing features to cards issued. For example, Home Depot launched a promotion whereby no interest is charged on a single transaction if paid in full within ... Read More
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Charge Cards in Canada
... outstanding balances soared, despite the efforts of the Bank of Canada to control inflation and reduce interest rates. Given the nature of charge cards, where the balance must be paid in full every month, and ... Read More
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Pre-Paid Cards in Canada
... to make transactions and payments. With the continued trend of consumers moving away from cash and cheques, pre-paid options arise as viable, simple and cheap solutions for those who do not have credit cards. In ... Read More
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Financial Cards and Payments in Canada
... somewhat, the Bank of Canada has cut rates more than once during 2024. While this has undermined the attractiveness of debit and savings accounts, it has proved a plus for credit card holders in the ... Read More
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Credit Cards in Canada
... cards to cover daily expenses. As a result, outstanding credit card balances as well as minimum payments requirements rose, motivating lenders be extra diligent when approving new limits or increasing existing ones. Euromonitor International's Credit ... Read More
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Debit Cards in Canada
... have been transferred to RBC, new chequing accounts have been opened and new debit cards have been issued for each new client. While the acquisition has not had a big impact on total number of ... Read More
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Job Training & Career Counselling in Canada - Industry Market Research Report
... unemployed, underemployed, and disabled, as well as offering social services to those disadvantaged because of a lack of education, skills, or experience. Federal and provincial governments' funding for workforce development is a crucial revenue stream ... Read More
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Macro - Country Economic Forecasts - Canada
... in 2026, unchanged from last month. Looser financial conditions and temporary fiscal stimulus will support the economy in early 2025. But a shrinking population, US tariffs, and trade policy uncertainty will also drag on growth. Read More
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Farm Supplies Wholesaling in Canada - Industry Market Research Report
... prices fell, low-interest rates incentivized downstream farmers to invest in land and equipment, spurring the need for more fertilizers and pesticides. Strong demand for Canadian agricultural exports bolstered growth for wholesalers. Industry-wide revenue has grown ... Read More
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Agricultural Feed Wholesaling in Canada - Industry Market Research Report
... in recent years because of a growing price of animal feed. Alongside growing feed prices, increased demand from animal farmers has fuelled industry revenue growth as consumers have increased spending. Revenue grew despite the COVID-19 ... Read More
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Auto Parts Wholesaling in Canada - Industry Market Research Report
... from downstream markets in 2020 and 2021. These wholesalers struggled with cementing its place within the automotive supply chain with auto parts manufacturers expansively solidifying their ties with automakers directly. In 2020, a steep reduction ... Read More
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Payroll & Bookkeeping Services in Canada - Industry Market Research Report
... prior to COVID-19, but the pandemic disrupted a growth trend that later resumed starting in 2021, and continued through 2022, leading payroll companies and bookkeepers' revenue to exceed pre-pandemic levels. The Payroll and Bookkeeping Services ... Read More
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Tire Wholesaling in Canada - Industry Market Research Report
... conditions, the industry has faced several considerable challenges in recent years. Pandemic-related restrictions and closures limited travel, which affected consumers' tire replacement needs, causing a large decline in demand for tires during 2020. A strong ... Read More
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