In 2022, operating revenue of private nursing and residential care facilities in Canada reached 17.5 billion Canadian dollars. Meanwhile, operating expenses that year stood at 16.1 billion Canadian dollars, achieving an operating profit margin of 7.8 percent. This was a decrease compared to previous years.
Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022
(in million Canadian dollars)
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Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022
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Source adds: "Operating revenue excludes investment income, capital gains, extraordinary gains and other non-recurring items."
"Operating revenue excludes investment income, capital gains, extraordinary gains and other non-recurring items."
"Salaries, wages, commissions and benefits include vacation pay and commissions for all employees for whom a T4 slip was completed. This category also includes the employer portion of employee benefits for items such as Canada/Québec Pension Plan or Employment Insurance premiums. Salaries and wages do not include working owners' dividends nor do they include the remuneration of owners of unincorporated business. Therefore the relative level of salaries, wages, commissions and benefits will be lower in industries where unincorporated businesses are significant contributors."
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StatCan. (March 19, 2024). Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022 (in million Canadian dollars) [Graph]. In Statista. Retrieved April 06, 2025, from https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/
StatCan. "Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022 (in million Canadian dollars)." Chart. March 19, 2024. Statista. Accessed April 06, 2025. https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/
StatCan. (2024). Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022 (in million Canadian dollars). Statista. Statista Inc.. Accessed: April 06, 2025. https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/
StatCan. "Operating Revenue, Expenses, and Surplus of Private Nursing and Residential Care Facilities in Canada from 2018 to 2022 (in Million Canadian Dollars)." Statista, Statista Inc., 19 Mar 2024, https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/
StatCan, Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022 (in million Canadian dollars) Statista, https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/ (last visited April 06, 2025)
Operating revenue, expenses, and surplus of private nursing and residential care facilities in Canada from 2018 to 2022 (in million Canadian dollars) [Graph], StatCan, March 19, 2024. [Online]. Available: https://www.statista.com/statistics/1470118/operating-revenue-and-expenses-of-private-nursing-homes-canada/
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