Top Business Ideas in Canada: Profitable Ventures to Start Now

Ever dreamed of being your own boss, but unsure where to start? You’re in the right place. Whether you’re chasing a lifelong dream or looking for more freedom in your career, Canada’s supportive startup culture and wealth of resources make it a great time to take that leap. In fact, Canada has one of the highest small business ownership rates in the world, with over 1.19 million small businesses contributing to 97.8% of the total private sector workforce.¹ What’s more, the types of businesses thriving today are more diverse—and more accessible—than ever before.

From side hustles to full-time ventures, there’s no shortage of exciting paths to explore. In this guide, we’ll walk you through some of the most promising business ideas for Canadians in 2025—ones that are not only profitable and scalable but also realistic to start. We’ll take a look at rising industries, budget-friendly ideas you can launch from home, and smart ways to fund your business so you can grow with confidence.

Key takeaways

• Freelancing, real estate, and e-commerce are some of the most lucrative business sectors in Canada right now.
• Low-cost ideas like virtual assistance and dog walking are ideal for aspiring entrepreneurs with minimal startup capital.
• Home-based businesses and digital services continue to experience high demand, particularly post-pandemic.
• Choosing the right funding (loan, line of credit, or grant) can help accelerate your business growth.

The Best Businesses to Start Right Now in Canada

Freelancing

Freelancing is one of the most popular and accessible business options for Canadians, especially given the rise of remote work. As of 2023, 1 in 4 self-employed Canadians worked ‘gig work’ as their main job with the majority of freelancers being women.² This is likely due to the flexibility that freelance work allows. It is a great option if you are looking to choose your workload, set your own schedule and work from anywhere. 

Popular freelancing fields include writing, design, bookkeeping, marketing, and IT consulting. Online platforms like Upwork and Fiverr make it easy to find clients and build a reputation. Plus, startup costs are minimal, typically requiring only a computer and an internet connection.

• Startup cost: <$500
• Profitability: High, depending on skill and client base

Demand: Increasing due to remote work culture

Important considerations: 

• Client acquisition: Consistently finding and retaining clients can be challenging, especially early on.
• Marketing yourself: Building a strong personal brand and online presence (LinkedIn, portfolio site, etc.) is essential.
• Time management: You’re responsible for all aspects of your work, from invoicing to deadlines.
• Differentiation: Standing out in a crowded market often means niching down or showcasing unique skills.

Income fluctuation: Work can be feast-or-famine—budgeting and saving is crucial.

Construction

Canada’s construction industry is experiencing sustained growth, driven by infrastructure development, new housing demands, and an aging housing stock. Notably, 98.9% of construction businesses in the country are small businesses, highlighting the significant role independent operators play in this sector.¹

If you have experience in the trades and are considering taking the next step, starting your own construction business—whether in residential, commercial, or specialized services like electrical or plumbing—can be a highly viable path. With the right training and certifications, there is strong earning potential and a steady demand for skilled, reliable professionals.

• Startup cost: $5,000–$10,000
• Profitability: High
• Demand: Ongoing due to infrastructure growth and housing needs

Important considerations:

• Licensing & certifications: Depending on the province and trade, certifications may be required.
• Insurance & liability: Construction carries risk; appropriate coverage is critical.
• Skilled labour shortage: Finding qualified workers (or subcontractors) can be tough.
• Equipment & tools: Initial investment in tools or machinery can be high.

Cash flow: You may need to front costs before clients pay (materials, permits, etc.).

Catering

Canada’s catering industry is thriving, with $3.8 billion in annual revenue as of 2023.³ The demand for catering services is particularly strong in urban areas, driven by corporate events, weddings, and private gatherings. Specializing in niche markets like vegan, gluten-free, or international cuisines can help you stand out in this competitive space.

If you love cooking and dream of sharing that passion with others, catering can be a rewarding way to turn your talent into a business. While food safety and some culinary know-how are essential, you don’t need a full commercial kitchen to get started—many successful caterers launch from their own home kitchens to keep costs low and build up gradually. Access to commercial kitchen space is also easier than ever, with apps like The Food Corridor allowing you to rent licensed kitchens by the hour or day.

• Startup cost: $2,000–$5,000
• Profitability: Moderate to high
• Demand: Steady in urban centers and growing in smaller communities

Important considerations: 

• Licensing & food safety: Health inspections, food handler certifications, and licenses are a must.
• Seasonality: Demand can be event-driven and fluctuate depending on the time of year.
• Time & labor intensive: Long prep times, weekend work, and last-minute changes are common.
• Storage & delivery: Managing perishables and logistics requires planning.

Menu differentiation: Offering unique or specialized menus (e.g., plant-based) helps you stand out.

Social media management

Social media management is in high demand, particularly for small businesses looking to expand their digital footprint. According to Statista, over 77% of Canadians use social media, making it a crucial channel for business marketing.³ Small businesses, solopreneurs, and even larger corporations need skilled individuals to manage their social media platforms, create engaging content, and track performance.

With minimal startup costs—mainly a computer and social media know-how—this business is perfect for those looking to enter the digital marketing world.

• Startup cost: <$1,000
• Profitability: Moderate to high
• Demand: High among small businesses and solopreneurs

Important considerations:

• Results-driven: Clients often expect measurable growth (followers, engagement, conversions).
• Content creation: You’ll need design, copywriting, and trend-spotting skills.
• Time management: Managing multiple clients’ calendars, content, and metrics can get overwhelming.
• Platform knowledge: Algorithms and best practices change frequently—stay updated.
• Client education: Some clients may not understand what social media can and can’t do.

Landscaping

Landscaping is a business that never goes out of style, particularly in suburban and rural areas. Services such as lawn care, tree trimming, and seasonal maintenance are always in demand and it is expected to continue to grow as both residential and commercial properties continue to be built.

Seasonality is a factor to consider—spring and summer will be your peak months, but some businesses expand into winter snow removal to balance year-round demand.

• Startup cost: $2,000–$8,000 (equipment-heavy)
• Profitability: High during peak seasons
• Demand: Consistent in suburban and rural areas

Important considerations: 

• Weather dependency: Seasonal income is a reality—consider off-season services like snow removal.
• Physical demands: It’s labor-intensive and requires stamina, especially in peak season.
• Equipment maintenance: Tools and machines require ongoing investment and upkeep.
• Customer service: Good communication and reliability are key to repeat business.

Licensing: Some services (like pesticide use) may require certification.

Cleaning business

Whether it’s office cleaning, post-construction cleanup, or residential services, the cleaning industry in Canada remains one of the most stable and profitable. The industry is worth almost $2 billion annually, and demand is expected to grow as businesses and homeowners prioritize cleanliness.

With low startup costs—mainly cleaning supplies and transportation—you can start a cleaning business with minimal investment.

• Startup cost: $500–$2,000
• Profitability: Moderate to high
• Demand: Year-round with high retention potential

Important considerations:

• Reputation is everything: Cleanliness standards and trust are critical for client retention.
• Low barrier to entry: Easy to start, but also lots of competition—consider specializing (e.g., post-reno, eco-friendly).
• Scheduling: Clients may want evening or early morning services.
• Labor management: If you grow, finding reliable, detail-oriented staff can be tricky.

Supplies & safety: Ensure proper handling of cleaning chemicals and eco-friendly options if needed.

E-commerce 

E-commerce is one of Canada’s fastest-growing industries. The global pandemic accelerated the shift to online shopping, and Canadians now spend over $45 billion annually on e-commerce, with 75% of Canadians shopping online regularly.⁴ Whether you’re interested in dropshipping, selling handmade goods, or launching a niche online store, e-commerce provides endless opportunities for entrepreneurs.

Starting an online business is relatively low-cost, with dropshipping allowing you to sell products without holding inventory, and digital marketing tools helping to promote your brand. To keep costs down, you can also market your business organically through SEO and social media, without the need for paid ads. Ready to grow your online storefront? There are many financing options available to you.

• Startup Cost: <$1,000 (with dropshipping)
• Profitability: High
• Demand: Skyrocketing post-pandemic

Think e-commerce is the right fit for you but don’t know where to start? Check out these 8 tips to get your business off the ground and running. 

Important considerations: 

• Product sourcing: Inventory, shipping logistics, and supplier reliability are key factors.
• Customer acquisition: SEO, ads, and email marketing are ongoing necessities.
• Competition: It’s a crowded space—your niche and branding must stand out.
• Returns & customer service: Managing returns and questions can become time-consuming.
• Platform fees: Shopify, Etsy, Amazon, etc. come with fees—factor these into margins.

Real Estate 

The Canadian real estate market, valued at approximately 257 billion in 2024, is projected to reach 324 billion by 2033, growing at a compound annual growth rate (CAGR) of 2.60% during 2025-2033.¹ This steady growth indicates a robust demand for real estate professionals, potentially like yourself. 

Whether you’re interested in becoming a real estate agent, property manager, or investor, the opportunities are substantial. While obtaining the necessary licenses and building a network are essential steps, the potential for significant returns makes this sector appealing. 

• Startup Cost: $1,000–$10,000 (licensing, marketing, and initial expenses)​
• Profitability: Variable, depending on market conditions and individual effort​ 
• Demand: Consistent, with opportunities in both residential and commercial sectors​

Important considerations: 

• Licensing: Real estate agents require provincial licensing and ongoing education.
• Commission-based income: You don’t get paid until deals close—budgeting is crucial.
• Networking: Success relies heavily on building relationships and trust.
• Market sensitivity: Income can vary dramatically with housing market trends.
• Marketing expenses: Listings, ads, open houses, and personal branding cost money.

Online Courses & Coaching 

Do you have knowledge or skills others are eager to learn? Whether it’s business strategy, creative writing, coding, or wellness coaching, turning your expertise into an online course or coaching program can be both fulfilling and financially rewarding.

With the rise of digital platforms, creating and selling online courses or offering coaching services has become a lucrative business model. Whether you have expertise in business, personal development, technology, or the arts, there’s a market for quality online education. This venture allows for flexibility and scalability, enabling you to reach a global audience from the comfort of your home.

• Startup Cost: $500–$5,000 (course development, platform fees, marketing)​
• Profitability: High, with potential for passive income​
• Demand: Growing, as more individuals seek to upskill online​

Important considerations: 

• Course design: Creating valuable, structured, and engaging content takes time and effort.
• Audience building: You’ll need an audience before you can effectively sell.
• Tech stack: Platforms (Teachable, Kajabi, etc.) come with learning curves and monthly fees.
• Trust & credibility: Establishing authority in your field is essential—testimonials, case studies, etc.
• Marketing funnels: A solid launch plan and email marketing strategy are crucial for success.

Personal Training & Fitness

The Canadian fitness industry has faced challenges in recent years, with a reported decline at a CAGR of 3.8% over the past five years, reaching an estimated $4.5 billion in 2024.⁵  Despite this, there remains a significant demand for personal training services, especially as more Canadians prioritize health and wellness. Offering personalized fitness programs, either in-person or virtually, can cater to this growing health-conscious demographic.​

• Startup Cost: $1,000–$3,000 (certification, equipment, insurance)​
• Profitability: Moderate to high, depending on client base and specialization​
• Demand: Steady, with opportunities to expand into niche markets​

Important considerations: 

• Certification: Reputable certification (e.g., CanFitPro, ACE) is often required.
• Client consistency: Retaining clients and getting referrals are key to stable income.
• Liability insurance: Protect yourself in case of injury.
• Specialization: Consider niches like seniors, prenatal, or online training for differentiation.
• Scheduling flexibility: Clients may prefer early mornings, evenings, or weekends.

Industries on the Rise in Canada

As the economy evolves, there are certain industries that show no sign of slowing down—meaning more demand, more room for innovation, and more opportunity for small business owners to thrive. Whether you’re planning your next move or still exploring ideas, keep an eye on these fast-growing sectors.

Check out the following industries and their growth rates projected until 2031.⁶ 

Canada’s Most Profitable Ventures with Low – Medium Investment

If profitability is your top priority, these business ventures consistently deliver strong returns in the Canadian market without having to break the bank. Backed by steady demand and high earning potential, they represent some of the most financially rewarding paths for those looking to become self-employed. From booming digital industries to essential services, these are the types of businesses where your investment has the potential to pay off—big time.

1. Technology 
2. Real Estate 
3. Ecommerce
4. Consulting 
5. Digital marketing 
6. Fitness coaching 

Low-Cost Business Ideas That Work

Not every successful business requires a large upfront investment. In fact, many entrepreneurs in Canada are building profitable businesses with little more than a laptop, a skillset, and a bit of hustle. If you’re looking to start small and stay lean, these low-cost business ideas can help you get up and running without breaking the bank.

Copywriting 

Starting a copywriting business is a great option for anyone with a knack for words. With virtually no overhead beyond a laptop and internet connection, you can offer services like website content, email marketing, and ad copy.

• Start-up cost: $100–$500 (website, portfolio tools)
• Operating cost: Very low; mostly time-based with optional subscriptions for grammar and productivity tools

Dog walking 

Love animals? Dog walking is a simple, in-demand service in urban and suburban areas. You’ll need basic pet care knowledge, reliability, and perhaps some pet insurance to build trust with clients.

• Start-up cost: $200–$600 (marketing materials, pet insurance, scheduling app)
• Operating cost: Low; mostly transportation and insurance

Virtual assistant services

As more businesses go remote, the need for virtual assistants continues to rise. You can start by offering admin support, email management, scheduling, or social media assistance from home.

• Start-up cost: $300–$1,000 (computer, internet, branding, online tools)
• Operating cost: Low and scalable; mainly based on the platforms you use

Social Media Content Creation

Creating content for platforms like TikTok, Instagram, or YouTube can evolve into a profitable business through brand deals, affiliate marketing, and digital products. It’s highly accessible and ideal for creatives who enjoy video, trends, and building online communities.

• Start-up cost: $100–$500 (phone, editing tools, basic branding)
• Operating cost: Low; optional upgrades for lighting, software, or promotions

Graphic design

If you have an eye for design and know your way around software like Adobe Illustrator or Canva Pro, graphic design services are in high demand for small businesses, content creators, and startups.

• Start-up cost: $500–$1,200 (design software, website, branding)
• Operating cost: Moderate; mainly software subscriptions and occasional client tools

Event planning

Event planning can be launched on a shoestring budget if you start with small private or community events. You’ll need great organizational skills, people skills, and a strong local network.

• Start-up cost: $500–$1,500 (website, marketing, initial supplies)
• Operating cost: Variable; project-based costs depending on event size and scope

Home Sweet Hustle: Businesses You Can Run from Your House

There’s never been a better time to start a business from the comfort of home. Whether you’re looking to keep costs low, ditch the commute, or work on your own schedule, home-based businesses offer flexibility and strong earning potential. Here are five of the most popular options among Canadian entrepreneurs:

• Freelance writing or editing
• Virtual assistant services
• Handmade product sales (via Etsy or Shopify)
• Online coaching or consulting
• Dropshipping or e-commerce Store

These ventures are not only easy to launch with minimal investment, but they also allow you to grow at your own pace—right from your living room.

From Grants to Loans: Finding the Right Funding for Your Business

Once you’ve chosen a business idea that fits your skills and goals, the next big step is figuring out how to fund it. The good news? Canada offers a variety of financing options to help small business owners get off the ground—whether you’re looking for a flexible line of credit or hoping to tap into non-repayable grant funding. Below, we break down some of the most common funding avenues, each suited to different needs and stages of growth.

Loans

Small business loans remain one of the most widely used ways to finance a new business in Canada. Whether you’re just getting started or looking to scale, lenders like banks and online platforms offer secured and unsecured loans tailored to your needs. For a deeper look at the types of loans available—and how to qualify—check out this comprehensive guide to small business loans in Canada. If you’re based in Ontario, there’s also a region-specific breakdown to help you get started locally.

Financing

Need fast access to funds to cover short-term costs or invest in growth opportunities? Alternative financing options like our flexible solutions are designed to deliver quick capital without the long wait times of traditional banks. These can be a great fit for businesses that need working capital but don’t want to go through a lengthy loan application process.

Credit cards

Business credit cards are another practical tool for managing day-to-day expenses—especially when you’re just starting out. They’re easy to access and often come with rewards, but be mindful of interest rates. Not sure whether a credit card or line of credit is a better fit? This comparison of credit cards vs. business lines of credit breaks down the pros and cons of each.

Line of credit

A business line of credit offers flexibility and peace of mind—giving you access to funds when you need them, without having to reapply. It’s ideal for managing cash flow, covering seasonal dips, or handling unexpected expenses. For more on how it works and when to use it, read how a business line of credit can keep your Canadian business running.

Grants

Unlike loans, grants don’t need to be repaid, making them one of the most attractive options for entrepreneurs. Canada offers a variety of small business grants through both federal and provincial programs—often focused on innovation, hiring, or regional development. While competition can be steep, securing a grant can significantly reduce your startup burden.

Still weighing your options? These guides—Start-Up Funding Options and How to Choose the Right Type of Business Financing—offer valuable insights to help you make the smartest financial decision for your business.

Your Next Move: Turn These Ideas into Reality

Starting a business in Canada is not just a dream—it’s an achievable and highly rewarding path to financial independence. Whether you’re passionate about freelancing, opening a catering service, or diving into the world of e-commerce, there are plenty of opportunities to grow your business in Canada.

Take the time to create a business plan, outline your strategy, and explore funding options that suit your goals. Canada’s entrepreneurial ecosystem is here to support you at every stage of your business journey.

Looking for flexible business financing solutions? Whether you’re launching a cleaning company or scaling your e-commerce store, we offer fast, flexible financing tailored to Canadian entrepreneurs. Explore our business financing solutions today to help bring your vision to life!