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Market comparison

US vs Canada: agency markets compared

Budget is concentrating in social, video and commerce media, so agencies with genuine depth in those channels price accordingly. Agency work in Canada is labour-cost driven, not tooling driven: a much cheaper proposal usually means less seniority, fewer hours or subcontracting.

73 listed profiles in United States · 43 in Canada

Market size and coverage

Advertising figures come from the named industry body or statistics agency in each market. They are published on different bases and in different currencies, so treat them as scale, not a ratio.

United States

Budgets quoted in USD where sourced.

Internet advertising revenue
Nearly $300bn (2025)

Up 13.9% year over year; social media up 32.6% to $117.7bn and digital video up 25.4% to $74bn.

Source: IAB / PwC Internet Advertising Revenue Report, Full Year 2025

Prior year comparison
$258.6bn (2024)

Up 14.9% on 2023.

Source: IAB, Full Year 2024 results

Listed agencies: 73 across 35 cities

Scored on our methodology: 62

Main cities: New York (10), Chicago (4), Nashville (4), Portland (4), San Diego (4), San Francisco (4)

Deepest specialties: Paid Media (24), Branding (19), Content Marketing (18), Digital Marketing (17), SEO (16)

Canada

Budgets quoted in CAD where sourced.

Advertising industry operating revenue
$15.4bn (2024)

Up 8.0% on 2023, the fourth straight year of growth, with an operating profit margin of 13.6%.

Source: Statistics Canada, Advertising and related services, 2024

Digital advertising revenue
$21.2bn forecast (2025)

Up from $18.2bn in 2024, a 16.6% year-over-year increase.

Source: IAB Canada Internet Advertising Revenue Survey and Forecast, 16 October 2025

Listed agencies: 43 across 7 cities

Scored on our methodology: 10

Main cities: Toronto (28), Vancouver (6), Montreal (5), Fergus (1), Mississauga (1), Quebec City (1)

Deepest specialties: Brand Strategy (18), Branding (18), Digital Marketing (16), Web Design (15), Content Marketing (14)

Rules that change the work

These differences usually matter more to a cross-border engagement than price does.

United States

  • Federal Trade Commission enforcement of advertising claims and endorsement disclosure
  • State attorneys general on consumer protection and subscription practices
  • State privacy laws led by California's CCPA/CPRA, with a growing patchwork of state statutes
  • CAN-SPAM for commercial email and the TCPA for calls and texts

Canada

  • Ad Standards, administering the Canadian Code of Advertising Standards
  • Competition Bureau on deceptive marketing practices
  • CASL consent, identification and unsubscribe requirements for commercial electronic messages
  • Quebec's Charter of the French Language as amended by Bill 96 for French-language marketing

What we have published for each market

United States

Canada

Choosing between US and Canada

  • Pick the market where the work is being sold, not where it is cheapest. Local media buying, language and consumer regulation are the hardest things to outsource across a border.
  • For a cross-border engagement, agree the contract currency, who carries exchange-rate risk, where the work is performed and how personal data moves between the two jurisdictions before you sign.
  • Ask both shortlists the same question: show one comparable project, the brief, what changed afterwards, and where those numbers came from.
  • Check who actually runs the account. In both markets, the senior people in the pitch are frequently not the people delivering the work.