Industries with the Highest Growth in Employment in Canada in 2025

1. Glasses & Contact Lens Manufacturing in Canada

Employment Growth for 2025: 11.7%

The Glasses and Contact Lens Manufacturing industry in Canada produces eyeglass lenses, frames, and protective eyewear. Several of the industry's product segments are essential to the visually impaired, somewhat insulating the industry from economic downturns. While rising per capita disposable income has enabled consumers to increase expenditure on glasses and contacts, competitively priced imports satisfy a significant portion of consumer demand for industry products. Although COVID-19 hindered the overall economy, IBISWorld projects revenue to continue expanding as industry products are considered an essential health expenditure for many consumers. As a result, IBISWorld projects industry revenue will increase at an annualized... Learn More

2. E-Commerce & Online Auctions in Canada

Employment Growth for 2025: 8.1%

The E-Commerce and Online Auctions industry in Canada comprises retailers that primarily sell their products online. Accelerated by the rising number of internet and mobile connections, industry revenue is expected to post strong gains, increasing at an expected CAGR of 17.6% to $31.7 billion over the past five years, including an expected increase of 7.7% in 2023 alone. The exceptional rate of growth in this industry is aided in part by increasing internet traffic volume like the number of fixed broadband and mobile connections. Additionally, the coronavirus created a unique opportunity for the industry to benefit from consumers not being... Learn More

3. Snack Food Production in Canada

Employment Growth for 2025: 8.0%

Canadian snack food producers make potato and corn chips, pretzels, roasted and salted nuts, peanut butter, popcorn and other snacks. Producers have benefited from increased demand through the end of 2023 as discretionary income levels increased. Higher consumer spending has boosted sales of potato and tortilla chips, nuts and seeds. Buyers also tend to purchase more expensive and healthier products as they have more to spend on snack foods, supporting profit. While many industry products are unhealthy and demand for such goods has slowed, many companies have developed new products to attract health-conscious consumers. Revenue has risen a CAGR of... Learn More

4. Semiconductor Machinery Manufacturing in Canada

Employment Growth for 2025: 8.0%

Semiconductor machinery manufacturers supply capital equipment for various processes in semiconductor manufacturing. While semiconductors have become the foundation of nearly every technology today, years of outsourcing semiconductor manufacturing put Canada in a weak position globally. Rising import penetration has been specifically challenging to the domestic industry. East Asian countries dominate semiconductor production, where enormous scale, massive R&D investment and lower-cost labour make it near impossible for domestic manufacturers to compete.But, an explosion in semiconductor demand during the COVID-19 pandemic led to supply shocks, boosting machinery purchases from domestic and foreign manufacturers expanding production volume. High interest rates and concerns about... Learn More

5. Auto Parts Wholesaling in Canada

Employment Growth for 2025: 7.7%

Auto parts wholesalers in Canada has contracted over the five years to 2023, stemming from COVID-19, which substantially impacted demand 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 in the production and sales of new vehicles, as well as less driving by consumers, reduced demand for auto parts. Overall, auto parts wholesalers are expected to drop at a CAGR of 1.2% to $18.9 billion through the end of 2023, despite higher downstream demand... Learn More

6. Wind Turbine Manufacturing in Canada

Employment Growth for 2025: 7.2%

Canadian wind turbine manufacturing will expand significantly through the end of 2023. Canada is well-suited for generating wind-powered electricity, given that it has large tracts of land and abundant wind resources. Installed wind power capacity in Canada has grown through the end of 2023, aided by federal and provincial government incentives designed to reduce greenhouse gases and promote clean energy. These incentives include tax deductions, feed-in tariffs and governmental guarantees to purchase wind electricity. Wind turbine manufacturing revenue has been surging at a CAGR of 14.5% over the past five years and is expected to total $1.8 billion in 2023,... Learn More

7. Navigational Instrument Manufacturing in Canada

Employment Growth for 2025: 7.2%

Navigational instrument manufacturers have exhibited hiccups over the period stemming from the pandemic and import penetration. Even so, having a diverse product line and selling to a variety of markets has shielded companies from major declines. Overall, revenue is expected to fall at a CAGR of 1.7% to $2.1 billion over the next five years, including a 2.7% rise in 2023 alone, with profit reaching 12.3% in 2023.

Manufacturers have continued to emphasize the importance of research and development (R&D) to combat competition, bolster profit and sustain revenue. The average salary for employees exceeds $100,000 as companies seek highly skilled engineers... Learn More

8. Gambling in Canada

Employment Growth for 2025: 6.9%

Revenue for the Canadian Gambling industry has declined over the five years to 2023 due to overall reduced demand for gambling. Canada is not the only country experiencing a slowdown in gambling, as spending on games of chance has declined across the Western world over the past five years. A rising unemployment rate and growing prices for many essential products have left less money in consumers' pockets. Furthermore, rising competition from gambling establishments in the United States and online gambling businesses have also contributed to falling revenue. Further, the industry will likely suffer from a rising loonie, which makes it... Learn More

9. Cannabis Production in Canada

Employment Growth for 2025: 6.6%

Cannabis producers in Canada have blossomed in recent years as recreational products were legalized in 2018, opening up massive growth. Since Health Canada opened up medicinal cannabis production to more players in 2013, producers have grown continuously as they invest in production capabilities to produce quality products. As consumers shifted from illegal cannabis purchases to the licensed recreational market, cannabis growers have grown significantly, but revenue is expected to expand 17.5% in 2023 alone as the novelty of legal cannabis has worn off and most the black market has shifted to licensed purchases, which has decreased growth. Revenue has ballooned... Learn More

10. Market Research in Canada

Employment Growth for 2025: 5.9%

Market research operators in Canada endured wild swings in revenue growth due to a sharp incline in economic volatility and dampened demand for market research services. Between 2018 and 2019, operators endured a decline amid mixed economic conditions and a changing media landscape. In 2020, COVID-19 presented an additional disruption to demand for operators' services, as uncertainty clouded the outlook. Although the economy reopened, a spike in inflationary pressures severely harmed revenue in 2021 and 2023, as corporate clients endured volatility across their balance sheets, which dampened demand for operators' services. This economic volatility also dampened profit for operators, with... Learn More