Based on the expert analysis and our database of 480+ CA industries, IBISWorld presents a list of the Riskiest Industries in Canada in 2019
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View a list of the Top 25 riskiest industries2019 Overall Risk Score: 6.9
Iron is a primary input in steel production, and performance in the Iron Ore Mining industry in Canada is closely tied to the strength of the global economy due to the widespread use of steel globally. As a result, trade is a significant part of the industry and global economic performance helps drive demand for the industry. Over the five years to 2019, fluctuating demand from China alongside increased global production of iron has put downward pressure on prices, with the world price of iron forecast to fall an annualized 8.6% over the past five years. This has damaged the value... Learn More
2019 Overall Risk Score: 6.7
The DVD, Game and Video Rental industry in Canada experienced a massive contraction over the five years to 2019 due to increased pressure from non-industry competitors, including video streaming websites, on-demand services and rental kiosks. The affordability and flexibility associated with these substitutes compelled consumers to rent DVDs, games and videos from these competitors, diminishing demand for the industry’s services. The inherent cost advantages of streaming and non-industry rental services have also forced industry operators to lower their prices, contributing to the anticipated 2.2% decline in industry revenue in 2019 alone. Overall, IBISWorld estimates that industry revenue will contract an... Learn More
2019 Overall Risk Score: 6.6
The Restaurant and Hotel Equipment Wholesaling industry in Canada distributes commercial cooking, dishwashing, tableware and foodservice equipment to restaurants, hotels and drinking establishments. Industry performance depends on economic factors that affect these downstream markets, including employment and consumer spending, as well as tourism trends. In addition, industry demand depends on the level of nonresidential construction, as the building of new restaurants and hotels naturally increases sales of commercial cooking and other industry-related equipment commonly sold by industry wholesalers. Finally, since most restaurant expansions are financed by loans, the availability of credit is crucial to the industry, making the overnight rate... Learn More
2019 Overall Risk Score: 6.6
The Ice Cream Production industry in Canada creates a variety of frozen products including hard and soft ice cream, frozen yogourt, frozen ices and sherbet. Industry fortunes have fluctuated over the past two decades, and overall domestic consumption of ice cream and domestic production of hard ice cream have declined by over half since 2004. However, over the five years to 2019, this decline appears to have been arrested, with production and consumption stabilizing. In addition, premium ice creams that command higher prices have become increasingly popular, as have healthy varieties of industry goods, and this has been a boon for the industry. Overall, IBISWorld... Learn More
2019 Overall Risk Score: 6.5
Over the five years to 2019, the Metal Plating and Treating industry in Canada declined marginally despite expanding manufacturing and construction activities. This industry provides services to fabricated metal product manufacturers, such as structural steel, steel sheet and steel coil manufacturers. However, the volatility in commodity prices in 2015 had several economic repercussions, including an 11.7% drop in industry revenue in the same the year. Despite improving economic conditions, operators have struggled to recover. As a result, IBISWorld expects industry revenue to decline at an annualized rate of 1.8% to $2.2 billion over the five years to 2019, including a decline of 1.9% over... Learn More
2019 Overall Risk Score: 6.5
Over the five years to 2019, the Public Storage and Warehousing industry in Canada has benefited from an increase in consumer spending and an increase in per capita disposable income amid some volatility in manufacturing output. These increases, in turn, have led to more shipments of consumer goods, thus supporting demand for the warehouse space that is provided by the industry. Industry operators, which provide the industry's diverse range of consumers with short-term public warehousing, long-term contract warehousing and a variety of value-added logistics services, generate demand from all sectors of the Canadian economy. As consumers' disposable incomes and confidence... Learn More
2019 Overall Risk Score: 6.5
The Soybean Farming industry in Canada has performed strongly over the five years to 2019 as demand for Canadian soy in Asian markets has boomed and yields have been strong. Overall, the global price of soybeans has declined with global supply increasing and supply gluts in the United States resulting from trade tensions with China putting downward pressure on prices. However, demand has outpaced price declines in Canada with exports to China increasing strongly since soy is a valuable source of protein for feed and human consumption. As a result, the industry is expected to grow an annualized 5.2% to... Learn More
2019 Overall Risk Score: 6.5
The Jewellery and Watch Wholesaling industry in Canada has experienced moderate volatility over the five years to 2019. To some extent, industry revenue is linked to commodity prices, with the most valuable being gold, platinum and silver. Gold prices have weakly risen, while platinum and silver prices have fallen considerably, which has constrained potential revenue growth. However, consumer demand conditions have been strong over the past five years. Per capita disposable income and consumer confidence have both risen, leading to elevated levels of consumer spending and enabling more consumers to purchase industry products, some of which are considered luxury goods.... Learn More
2019 Overall Risk Score: 6.5
The Printing Services industry in Canada has struggled over the five years to 2018 as demand from downstream industries in the printing and publishing sectors plummeted. The industry has been one of the economy's worst performing over the past decade due to the shift away from traditional print media channels toward online alternatives. Printing services operators continued to struggle as printed newspaper and magazine circulation declined, physical book sales fell and many forms of printed materials moved online. Over the five years to 2018, industry revenue is expected to decline at an annualized rate of 6.0% to total $479.8 million,... Learn More
2019 Overall Risk Score: 6.5
The Freight Forwarding Brokerages and Agencies industry in Canada arranges the transportation of cargo, helping manufacturers, importers and wholesalers ship cargo in the most timely and cost-effective manner. Industry operators advise clients on shipment rates and trade routes and subcontract transportation services to truck, rail, marine and air freight carriers. Additionally, industry participants provide customs brokering services, helping importers determine commodity classifications and calculate the value of shipments. Consequently, demand for industry services is largely determined by domestic and international trade volumes, as well as the propensity of businesses to outsource freight forwarding and customs brokering operations rather than perform... Learn More
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