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Facebook Ads Cost Per Lead Benchmarks for Energy and Mining in Canada

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

Cost Per Lead for Energy and Mining in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks, cost-per-lead (CPL) for Energy and Mining in Canada sits well above market, with an extreme spike in September 2024 and continued elevation versus the global baseline in the subsequent observed months.
  • Seasonality is visible in the global trend, with higher CPLs in Q4 and a softening into Q1; the selected data is too sparse to confirm seasonality locally but shows pronounced volatility.
  • Compared to the global baseline, the selected series is 35–100x higher at its peaks, and still 35% to 810% higher in the more typical months observed.

What we analyzed This analysis looks at cost-per-lead trends for industry Energy and Mining and target country Canada compared to the global trend.

Selected data overview (Energy and Mining, Canada)

  • Coverage: Sep 2024, Oct 2024, Mar 2025.
  • Average across observed months: 1,218.36.
  • High: 3,313.37 (Sep 2024).
  • Low: 42.16 (Oct 2024).
  • Range: 3,271.21.
  • Change from first to last observed month: down 91.0% (Sep 2024 to Mar 2025).
  • Notable swings:
  • Sep to Oct: -98.7% (from 3,313.37 to 42.16), an extreme correction.
  • Oct to Mar: +610% (to 299.55), rebounding yet still far below the September spike.

Global baseline overview

  • Coverage: Sep 2024 to Sep 2025.
  • Average (full period): 35.80.
  • High: 41.58 (Nov 2024).
  • Low: 20.63 (Sep 2025).
  • Change from first to last month: -37% (Sep 2024 to Sep 2025).
  • Seasonality: Clear Q4 uplift (Oct 31.12 → Nov 41.58, +33.6%), softening through Q1 (Jan–Mar in the low-to-mid 30s), then steady mid-to-high 30s through summer before a sharp dip in Sep 2025.

Side-by-side comparison (overlapping months)

  • Average (overlap only: Sep 2024, Oct 2024, Mar 2025):
  • Selected: 1,218.36
  • Baseline: 32.28
  • Relative: Selected runs ~37.7x above the global baseline on average.
  • Highs/lows (overlap):
  • Selected high vs. baseline high: 3,313.37 vs. 32.88 → >100x higher (Sep 2024).
  • Selected low vs. baseline low: 42.16 vs. 31.12 → +35.5% (Oct 2024).
  • Month-by-month (overlap):
  • Sep 2024: Selected 3,313.37 vs. Global 32.88 → >100x above market.
  • Oct 2024: Selected 42.16 vs. Global 31.12 → 35.5% above market.
  • Mar 2025: Selected 299.55 vs. Global 32.84 → ~9.1x above market (+~810%).

Volatility and seasonality signals

  • Selected data shows very high dispersion driven by a singular September spike, followed by a deep dip and a partial rebound by March—indicative of above-average volatility relative to the global pattern.
  • The global baseline shows familiar seasonality: costs typically rise in Q4 (holiday period), normalize in Q1, and remain relatively stable through spring/summer, with an anomalous low in Sep 2025.

Bottom line For Energy and Mining in Canada, Facebook Ads cost-per-lead benchmarks are above market across the observed months, with extreme volatility versus a relatively stable global trend. Understanding cost-per-lead benchmarks on Facebook Ads in industry Energy and Mining and Canada helps advertisers make more efficient budget and creative choices.

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. In the Energy and Mining industry, Facebook ad costs can be influenced by seasonal trends and market competition. 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.