Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks in Canada

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead in Canada

November 2024 - November 2025

Insights

Detailed observation of presented data

Introduction

Canada’s median cost per lead (CPL) ran slightly above the global benchmark on average, but with far sharper swings. Across the 12-month window, Canada posted two pronounced spikes—January and September—bookending softer troughs in March and August. The period ends lower than it began, yet the path in between was anything but linear. This analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks. This analysis explores ad performance trends for all industries in Canada compared to the global benchmark.

The story in the data

Canada opened at 38.08 in November 2024 and closed at 34.25 in October 2025, a 10% decline end to end. The average CPL over the period was 41.84, with a high of 66.55 in January and a low of 28.59 in March—a range of nearly 38 points.

Momentum shifted sharply several times:

  • December to January nearly doubled (+98%), surging from 33.69 to 66.55.
  • That peak unwound by March (−57% from January), hitting the annual low at 28.59.
  • A spring rebound carried April–May into the mid-to-high 40s (45.65 and 48.15).
  • Early summer cooled (41.52 in June; 39.97 in July).
  • August marked another trough at 29.18, followed by a dramatic September rebound to 59.82 (+105% month over month), then a reset to 34.25 in October (−43% MoM).

Volatility was the defining feature: Canada’s average absolute month-to-month move was 15.45 points—around 4.8x the global benchmark’s steadier 3.22.

Seasonal and monthly dynamics

Seasonally, Canada’s CPL was subdued in late Q4 2024 (Nov–Dec average: 35.89), then lifted materially through Q1 2025 (43.94), with January as the outlier peak. Q2 (45.11) held elevated levels before a choppy Q3 rhythm—July softness, an August trough, and a September spike (42.99 average for the quarter). Early Q4 2025 cooled again, with October landing below both Canada’s annual average and the global level.

This cadence aligns with familiar auction dynamics where competitive intensity can reshape costs: late-year pressure, early-year resets, and mid-year fluctuations. The Canadian series, however, amplified those patterns with larger month-to-month swings.

Canada vs. Global

Relative to Facebook Ads benchmarks worldwide, Canada averaged 41.84 versus the global 40.94 (+2%). Canada was above the global level in 5 of 12 months and below in 7. The narrowest gap came in June (+1% versus global), while the widest gaps were January (+86% above) and August (−35% below). October also under-ran the market (−24%).

Quarter by quarter:

  • Q4 2024: Canada 35.89 vs. global 40.55 (below market).
  • Q1 2025: 43.94 vs. 36.47 (+20% above).
  • Q2 2025: 45.11 vs. 40.07 (+13% above).
  • Q3 2025: 42.99 vs. 45.16 (−5% below).

While the global series trended modestly upward from November to October (+9%), Canada’s path was choppier, ending below its starting point despite mid-year highs.

Closing

Understanding Facebook Ads cost per lead benchmarks for all industries in Canada—set against the global baseline—highlights a market with slightly higher average CPL but markedly greater month-to-month volatility. This country-specific ad cost view helps frame industry ad performance, complementing broader CPC trends, CPM analysis, and CTR performance benchmarks worldwide.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. Different industries see varying ad costs due to market competition, user demographics, and conversion value. For campaigns targeting Canada, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Canada Advertising Landscape

National Holidays

Jan 1New Year's Day
Feb (3rd Mon)Family Day
Apr 18Good Friday
Apr 21Easter Monday (federal)
May (Victoria Day)Victoria Day
Jul 1Canada Day
Sep (1st Mon)Labour Day
Oct (2nd Mon)Thanksgiving
Nov 11Remembrance Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday and Cyber Monday), December (holiday shopping, Boxing Day), Back-to-school (August-September), Mother's Day (May)

Potential Advertising Impact

CPM might increase during Canada Day, Labour Day, and Thanksgiving. Black Friday and Cyber Monday see heightened e‑commerce bidding. December holiday period may spike ad costs. Back-to-school and Mother's Day drive retail competition. Provincial holidays might alter weekday inventory availability.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.