B2B drives market demand, with B2B spending representing 61.4% of total demand in 2022. Hydro-Québec is the largest company in Canada, generating 18.3% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 50.0% of total production value in 2022. The total number of companies decreases in 2022, to 1,181 units. The costs of the industry increase by 4.9% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 52.4% of turnover in 2022, the highest across the top 20 developed countries. With turnover of USD56.2 billion, Canada accounts for 10.3% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Electricity in Canada: ISIC 401. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity in Canada: ISIC 401 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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