Canadian corporations earned $107.5 billion in operating profit in the third quarter, up $4.0 billion or 3.9% from the second quarter and 5.6% higher than the third quarter of 2017.

In the non-financial industries, operating profit rose $0.7 billion (+1.0%) from the second quarter to $69.9 billion in the third quarter, as operating revenue increased by $7.0 billion (+0.7%). Overall, operating profit was up in 11 of 17 non-financial industries.

Compared with the third quarter of 2017, operating profit for Canadian non-financial corporations increased 7.5%