Industries with the Highest Growth in Employment in Canada in 2026

• 1. Semiconductor Machinery Manufacturing in Canada

  Employment Growth for 2026: 9.3%

  Revenue in the Canadian semiconductor equipment industry has shown substantial growth over the current period, propelled by factors such as robust economic expansion, heightened industrial activity and the rapid adoption of advanced technologies. Sectors like construction, petroleum and manufacturing are operating at high capacity, driving demand for sophisticated equipment that requires semiconductors. Segments like NAND and DRAM technologies are experiencing a surge in sales as semiconducto...

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• 2. Car Wash & Auto Detailing in Canada

  Employment Growth for 2026: 7.7%

  Canadian car wash and auto detailing companies clean, wash, wax and detail various motor vehicles, including passenger cars, trucks, vans and trailers. Climbing interest rates, rampant inflation and weak consumer confidence have hampered the industry over the past five years. Even so, increasing driving activity and an influx of investment from private equity firms have supported revenue growth. Overall, car wash and auto detailing revenue has risen at a CAGR of 1.0% to $1.5 billion through t...

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• 3. Cut & Sew Apparel Manufacturing in Canada

  Employment Growth for 2026: 7.7%

  The Cut and Sew Apparel Manufacturing industry in Canada has been navigating some challenging waters recently. Economic pressures and shifting consumer preferences have impacted the sector significantly. Overcapacity and increased competition from low-cost international markets are contributing factors to the industry's current downturn. Also, the expansion of e-commerce has altered traditional retail channels, impacting demand for domestic manufacturers who struggle to compete on price. Yet,...

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• 4. Boat Building in Canada

  Employment Growth for 2026: 7.2%

  Canadian boat builders manufacture various watercraft for personal, commercial and government use. These products are highly discretionary purchases, so boat builders benefit from growing consumer confidence, disposable income and spending. The pandemic fostered strong boat sales, encouraging individuals to find socially-distanced recreational activities, leading to heightened demand for boating. This trend has altered the industry's structure, pushing companies to provide added value to conv...

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• 5. Travel Agencies in Canada

  Employment Growth for 2026: 5.5%

  Travel agencies have struggled due to the rise of internet travel booking, which has interfered with the core services of travel agencies. Online travel agents now play a larger role alongside traditional brick-and-mortar businesses. Most agencies suffered in 2020 and 2021 as governments imposed restrictions on travel. Industry revenue has recovered from the pandemic low, expanding at a CAGR of 11.1% to $2.8 billion through the end of 2025, including a decline of 2.8% in 2025 alone.

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• 6. Women's Clothing Stores in Canada

  Employment Growth for 2026: 5.5%

  Canada's Women's Clothing Stores industry has seen moderate growth, driven by improving economic conditions. However, traditional brick-and-mortar stores increasingly feel pressure from e-commerce giants and the surge in direct-to-consumer (DTC) brands. As more shoppers turn to online platforms for their fashion needs, retailers have had to innovate continuously to maintain their foothold. Women's clothing stores' revenue has hiked at a CAGR of 1.9% over the past five years and is expected to...

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• 7. Florists in Canada

  Employment Growth for 2026: 5.5%

  Revenue for Canadian florists has grown alongside strong economic expansion in recent years. Despite this, consumers are increasingly opting to purchase flowers from retailers that aren't included in the industry, like supermarkets, which offer convenience and lower prices, albeit with a trade-off in quality and customization. Growth in per capita disposable income and consumer spending has fuelled a jump in revenue, as consumer willingness to spend on discretionary goods has increased. As a ...

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• 8. Cannabis Production in Canada

  Employment Growth for 2026: 5.4%

  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 contract 1....

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• 9. Family Clothing Stores in Canada

  Employment Growth for 2026: 5.4%

  The Family Clothing Stores industry in Canada has shown signs of robust performance. The industry, a cornerstone for Canadian families seeking diversity and affordability, has navigated challenges brought on by external factors, including economic fluctuations and changing consumer demands. Despite these hurdles, the industry has demonstrated resilience, driven by a growing appetite for convenience and one-stop shopping. With an increasing focus on e-commerce, many family clothing retailers a...

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• 10. Hardware Stores in Canada

  Employment Growth for 2026: 5.3%

  In recent years, Canada's Hardware Store industry has faced significant challenges and transformations. Shifts in housing and construction markets have spurred revenue volatility for these retailers within the current period. Compared to five years ago, revenue has remained stagnant with a CAGR of 0.1%, showing the industry's struggle amid economic fluctuations and rising interest rates. The downturn in new builds and renovations has impacted sales of high-margin items, challenging profit. Ha...

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