Facebook Ads Insights Tool

Facebook Ads CPM Benchmarks in Canada

Understand how your CPM compares. Dive into benchmark data by industry, region, and campaign type

CPM (Cost Per Mille) in Canada

February 2025 - February 2026

Insights

Detailed observation of presented data

Introduction

Across all industries in Canada, Facebook Ads CPMs ran consistently below the global benchmark while moving through a choppier arc. The year opened soft, climbed into a pronounced Q4 surge, and then reset sharply in January — a wider swing than the global pattern. The standout moment came in December, when Canadian CPMs nearly matched global levels before falling back to early-year pricing.

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

Canadian CPMs averaged 12.9 across the 13-month window, ranging from a low of 9.15 in January 2026 to a high of 20.94 in December 2025. The period begins at 9.41 in January 2025 and ends just below that at 9.15 — a slight 3% year-over-year dip — but that flat bookend masks a dramatic intra-year rise and fall.

Key movements:

  • A gradual lift through Q1 (9.41 in January to 11.52 in March).
  • A May jump to 14.17 (+34% vs. April), followed by a June cool-off (12.59).
  • A summer crest in July at 16.32, easing in August (14.46) and slumping in September (10.57, −27% vs. August).
  • A Q4 climb: 12.66 in October, 15.43 in November, and a December spike to 20.94 (+36% vs. November).
  • A sharp reset in January 2026 to 9.15 (−56% vs. December).

Volatility was pronounced: the average absolute month-to-month move in Canada was 3.33, roughly double the global swing of 1.63, signaling more abrupt shifts in country-specific ad costs.

Seasonal and monthly dynamics

The rhythm follows familiar CPM analysis patterns with a local accent:

  • Softer Q1: Canada averaged 10.25.
  • Firmer Q2 and Q3 with a midsummer lift: 12.44 in Q2 and 13.78 in Q3, though September delivered the year’s steepest dip.
  • A definitive Q4 surge: 16.34 average, capped by December’s peak at 20.94 — the single tightest month versus the global market.

This arc aligns with typical Facebook Ads benchmarks, where competition elevates Q4 CPMs. In Canada, that late-year push was especially pronounced, before a January normalization.

Canada vs. Global

Relative to the global benchmark, Canada’s CPMs were consistently below market, averaging 35% lower (12.9 vs. 19.8). The gap narrowed as the year progressed:

  • Q1: Canada trailed by about 44%.
  • Q2: −36%.
  • Q3: −31%.
  • Q4: −29%.

Month by month, Canada tracked 16–47% below the global level for most of the year, with two notable moments:

  • Narrowest gap: December (20.94 vs. 22.04), just 5% below global CPMs.
  • Widest gap: September (10.57 vs. 19.96), about 47% below.

Trend pace differed as well. From January to December 2025, global CPMs rose a steady 24%. Canada surged 122% over the same span, then retraced sharply in January 2026 — a more volatile path than the global benchmark.

Closing

Taken together, this CPM analysis shows Canada’s all-industry Facebook Ads benchmarks running materially below global pricing yet moving through larger swings, culminating in a near-parity December before a sharp reset. Understanding Facebook Ads cost-per-thousand-impressions benchmarks for all industries in Canada helps marketers interpret country-specific ad costs and compare industry ad performance to global CPM trends.

Understanding the Data

Insights & analysis of Facebook advertising costs

Cost Per Mille (CPM) is the cost advertisers pay for 1,000 impressions of their Facebook ad. 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 affects CPM rates on Facebook Ads?

CPMs are heavily influenced by competition, seasonality (e.g., Q4 costs more), audience size, and ad quality. Smaller audiences and lower relevance scores often lead to higher CPMs.

Why does my CPM vary so much between campaigns?

Different campaign objectives, bidding strategies, and even time of day can change your CPM. For example, conversion campaigns usually have higher CPMs than traffic ones. Also, broad targeting tends to drive lower CPMs.

What's a competitive CPM for 2025?

In most industries, CPMs range from $5 to $18 depending on the region and objective. Retail and e-comm campaigns often sit at the higher end. Our live data above shows a breakdown by country and industry.

Does audience size or targeting affect CPM more?

Both matter, but audience quality (intent + match with your offer) usually has more impact than pure size. However, extremely tight audiences often lead to expensive CPMs due to limited delivery opportunities.

Should I worry more about CPM or CPC?

Depends on your goal. For awareness, CPM is more relevant. For performance campaigns, CPC and CPA matter more. But all are connected—inefficient CPMs can inflate your entire funnel.