Top 10 Profitable Business Ideas In Canada in 2025

Are you planning to start a new business in Canada? Well, you’re in the right place!

According to Cleanlist, 39,828 new businesses opened in Canada in January 2025. That’s a 74.6% jump from December 2024 and a massive 185.7% increase compared to January 2024.

In short, Canada is full of opportunities for entrepreneurs like you! But with so many options, it can be tough to decide where to start.

 That’s why we’ve put together a list of the best business ideas in Canada that are worth exploring.

Also, if you already know what you are going for and need help setting up your business, feel free to reach out to Bestax. We can guide you through the process and help you get started!

Low Investment Businesses Ideas in Canada

So, what are the best businesses to start in Canada right now?

The truth is, the best business in Canada to open depends on what you enjoy and what works for you. 

But if you’re looking for something with high demand, good income, and easy setup, check out these top 6 small business ideas in Canada that don’t need a huge investment.

1. Start an Online Business

If you’re a creator or marketer, an online business is a great way to start with low investment and big potential.

You can sell digital products, offer online courses, or even start a YouTube channel. The internet is full of opportunities, and you don’t need a physical store to make money.

2. Self-Published Author

Got a creative mind? Love writing? 

Then this might be one of the best business ideas in Canada for you!

You can write and publish books like:

• Cookbooks
• Picture books
• Comic books
• Poetry collections
• Photo books
• Novels

You don’t need a publishing company anymore! Print-on-demand services like Lulu and Blurb let you create and sell books without upfront printing costs. You can also sell on Amazon or your own website.

If you already have a blog or social media following, writing a book can be a great way to make extra income.

3. Virtual Assistant Agency

A virtual assistant agency helps businesses with things like:

• Social media
• Admin tasks
• Graphic design
• Customer support

The best part? You can work from anywhere, no office needed!

To get started, sign up on freelance platforms like Upwork, Fiverr, or Guru. You can also open your own VA Agency and recruit people from all around the world. 

4. Digital Freelancer

If you have skills in graphic design, web development, SEO, or writing, freelancing can be a great low-investment business in Canada.

Your time is your biggest investment, so you don’t need much money to start. Set up a website, LinkedIn profile, or gig on Fiverr to attract clients.

You can offer services, consult, or even train others. This is one of the top business idea for those who love working on their own terms.

5. Domain Name Seller

Are you good at spotting trends? Do you have a knack for predicting what people will need in the future?

Then domain flipping might be one of the best businesses to start in Canada for you!

Here’s how it works:
1. You buy domain names that might become valuable in the future
2.  When someone wants that name for their business, they buy it from you for a higher price.

You make a profit!

It’s all about finding the right domains before they get popular. If you can do that, this could be a great business idea in Canada with low investment.

6. Affiliate Marketing

Want to make passive income without creating your own product? Affiliate marketing is a smart way to do it!

Basically, companies pay you to promote their products. Every time someone buys through your link, you earn a commission.

You can promote affiliate products on:

• Your blog
• Your social media
• Your website
• Online communities

How to Get Started:

1. Sign up for an affiliate program on sites like ShareASale, CJ, or LinkShare
2️. Pick products or services you want to promote
3️. Get a unique affiliate link
4️. Share it in your content
5️. Earn commission on every sale!

How much can you make?
Commission rates depend on the company and product. Some pay 5% per sale, while others offer up to 50%! 

Some even give flat-rate payouts instead of percentages.

High Investment Business Ideas in Canada

We looked at the low-investment business ideas first now let’s take a look at the most profitable business ideas in Canada. 

How much money can your business actually make? The more profitable it is, the less you’ll have to stress over budgeting, expenses, and cash flow.

Some businesses, like restaurants, can be great but come with low-profit margins. Others bring in higher profits and less risk.

So, if you’re looking for profitable business ideas in Canada, here are some of the best options to consider.

7. Real Estate

Canada’s real estate market is huge.

Yes, it’s expensive for homeowners, but that’s exactly why it’s so profitable for businesses. Whether you work as a real estate agent, start a property management business, or invest in rental properties, there’s a lot of money to be made.

Even though the market has slowed down a little, there are still plenty of opportunities. 

According to IBIS World, real estate businesses had an average profit margin of 46.5% in 2019. 

That’s huge!

Great for: Real estate agents, investors, mortgage brokers, or anyone who understands the housing market.

8. Storage & Transportation

 Moving goods = Making money.

Every time businesses buy, sell, or ship products, they need transportation and storage. That’s why this industry is always in demand.

Did you know?
In 2016, over 86% of transportation and storage businesses in Canada were profitable, with average yearly revenues of $279,000.

Plus, storage space is becoming more valuable because space is limited, and demand is always growing.

Great for: Trucking businesses, warehousing, logistics, or even starting a small local delivery service.

9. Waste Management & Recycling

Garbage = Gold

It might not sound exciting, but waste management and recycling are big business in Canada.

Why? Because everything we buy needs to be thrown away eventually. From plastic bottles to packaging materials, companies need solutions to get rid of waste and recycle materials.

This industry is growing fast as more businesses focus on sustainability. You could start a junk removal service, recycling business, or waste processing company and make serious money.

Great for: Entrepreneurs interested in eco-friendly businesses and sustainability.

10. Restaurant Business

Love food? Why not turn it into a business?

Starting a restaurant can be one of the best businesses to start in Canada if you have a passion for cooking and customer service.

Yes, it takes a big investment, but if done right, it can bring in huge profits.

To get started, you’ll need:

• A good location
• A great menu
• The right staff
• Licenses and permits
• A welcoming space that attracts customers

Restaurants require hard work, but they can be incredibly rewarding for the right person.

Great for: Chefs, food lovers, and anyone who wants to own a bricks-and-mortar business.

Which Business is Right for You?

The most profitable business in Canada depends on your skills, interests, and budget.

If you’re looking for steady profits, real estate, transportation, and waste management are great choices. If you love food, running a restaurant could be the perfect fit.

Want to get started? Bestax can help you launch your business hassle-free with our business setup services in Canada.

Best Business Ideas Based on Province

Thinking about starting a business in Canada? 

You can do that from anywhere if you’re running a home-based business. But if you need a physical location, choosing the right province can make all the difference.

Some businesses do better in certain areas. Let’s break it down and see which business ideas in Canada work best for British Columbia, Alberta, and Ontario.

Best Business Ideas in BC

If you’re in BC, you have a ton of options. This province is booming in several industries, including:

• Heavy equipment (operation, rentals, insurance)
• Breweries
• Cleaning services
• Home care
• Yard maintenance
• Technology startups

BC is a great place for businesses that mix outdoor work with innovation. People here love convenience, tech, and anything that makes life easier.

Best Business Ideas in Alberta

Alberta is a land of opportunity, especially if you’re into hands-on work. Some of the best business ideas here include:

• Pet care
• Cleaning services
• Snow removal
• Lawn care
• Delivery services
• Moving companies
• Farming
• Daycare services
• Construction

If you enjoy working outside, fixing things, or providing essential services, Alberta is the place to be. People are always looking for reliable businesses to help with everyday tasks.

Best Business Ideas in Ontario

Ontario has one of the biggest economies in Canada, which means more opportunities for businesses. Some of the most successful business ideas in this province include:

• Forestry
• Mining
• Tourism
• Finance
• Pet care
• Daycare services
• Automotive services

Ontario has a mix of industries, from finance and tourism to hands-on services. It’s a great place to start a business that serves a broad customer base.

Most Successful Small Business Ideas in Canada

Success means different things to different people, but if we’re talking about businesses that thrive, these industries have been doing well in Canada:

• Retail – 12.1% of small businesses
• Construction – 12.3% of small businesses
• Professional & Technical Services – 12.1% of small businesses
• Health Care & Social Assistance – 9.5% of small businesses
• Other Services – 9.2% of small businesses

These businesses continue to grow because people need them. If you’re looking for a good business idea in Canada, one of these could be your golden ticket.

Top 5 Most Profitable Companies in Canada

If you’re wondering where the big money is, check out these companies that are leading the way:

Finance and energy dominate the list, proving that banking and natural resources are still some of the most profitable industries in Canada.

How to Start a Small Business in Canada

Starting a business isn’t just about having a great idea—you need a solid plan. Here’s how to turn your idea into reality:

1. Use the Time You Have

Balance ambition with reality. Start small and scale up as you go.

2. Find a Business Idea

Look at what you enjoy, what’s in demand, and what you’re good at.

3. Validate Your Idea

Test your idea before diving in. Would people actually pay for what you’re offering?

4. Pick a Business Name

Make it short, easy to remember, and unique.

5. Create a Business Plan

Lay out your goals, budget, and strategy. A solid plan helps secure funding and keeps you on track.

6. Understand Business Finances

Set up a business bank account, track expenses, and secure funding if needed.

7. Develop Your Product or Service

This is where things get real. Bring your idea to life and test it out.

8. Choose a Business Structure

Decide between a sole proprietorship, partnership, or corporation based on taxes and liability.

9. Research Licenses & Regulations

Make sure you follow Canadian business laws to avoid legal headaches.

10. Set Up Your Tech Stack

Get the right tools for accounting, marketing, and project management.

11. Find a Business Location

If you need a physical space, choose a location that makes sense for your industry.

12. Build a Team (If Needed)

Decide if you’ll run things solo or bring in employees.

13. Launch & Promote Your Business

Use social media, promotions, and advertising to get your name out there.

At Bestax, we don’t just help you register a business—we help you build one that lasts.

Need Help Starting Your Business in Canada?

• Effortless Business Setup – We handle the paperwork, so you don’t have to.
• Expert Guidance – We help you choose the right structure and stay compliant.
• Comprehensive Support – From tax registration to employment laws, we’ve got you covered.

Starting a business can be exciting, but also overwhelming. We make it simple, so you can focus on growing your business while we handle the details.

Let’s Get Your Business Started Today!

Contact Bestax to get the ball rolling. 

FAQS on Business Ideas in Canada 

What are some small business ideas in Canada?

You can start an online store, offer digital marketing services, run a cleaning business, become a virtual assistant, start a pet care service, or launch a local delivery service. Home-based businesses and service-based businesses are also great options.

What type of business should I start in Canada?

It depends on your skills, interests, and budget. If you prefer online work, consider e-commerce, freelancing, or affiliate marketing. If you like hands-on work, cleaning, landscaping, or food services could be a good fit. Research demand in your area before deciding.

What is the best business to start in Canada with low investment?

Online businesses like dropshipping, print-on-demand, and content creation require minimal startup costs. Service businesses like tutoring, consulting, or home cleaning also have low overhead. Choose something that needs more skills than money.

What business can I start with 50K in Canada?

With $50K, you can open a small café, launch a retail store, start a home renovation business, invest in real estate services, or set up a franchise. You could also start an online business with advanced marketing and branding.

What is the most unique business to start in Canada?

Consider niche businesses like eco-friendly packaging, mobile car detailing, local artisan products, pet photography, subscription boxes, or personalized wellness coaching. Uncommon ideas often attract less competition and higher customer interest.

What are some business ideas in Canada for students?

Students can start tutoring, freelance writing, social media management, reselling products online, pet sitting, photography, or dropshipping. Most of these require little to no investment and can be managed around school schedules.

Disclaimer: The information provided in this blog is for general informational purposes only. For professional assistance and advice, please contact experts.