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Facebook Ads CTR Benchmarks for Finance in Canada

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CTR (Click Through Rate) for Finance in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads click-through-rate benchmarks: summary and trends

This analysis looks at click-through-rate (CTR) trends for industry Finance and target country Canada compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Key takeaways

  • CTR in Finance (Canada) ran below market overall: average 1.12% vs global 1.78% (about 37% lower).
  • Volatility was high in Canada (average month-to-month swing ~0.44 percentage points) versus a very steady global baseline (~0.05 points).
  • Highs and lows diverged markedly: Canada peaked at 1.78% (November 2024) and bottomed at 0.46% (April 2025), while the global trend rose steadily to 2.02% by August 2025.
  • From the first to the last observed month, Canada’s CTR fell 53%, while the global baseline climbed 14.7%.
  • Seasonality in this period: a strong November, a prolonged dip into spring (notably April), a rebound into July, and a sharp August decline.

Selected trend overview (Finance, Canada)

  • Period average: 1.12% across October 2024 to August 2025.
  • High: 1.78% in November 2024.
  • Low: 0.46% in April 2025.
  • First-to-last change: from 1.47% (October 2024) to 0.68% (August 2025), down 53%.
  • Volatility: average absolute month-to-month change ~0.44 percentage points, indicating significant swings.
  • Notable movements:
  • Rise into November (+0.31 points from October), followed by a December drop (−0.52).
  • Early-year weakness: February at 0.67% and a deeper trough in April at 0.46%.
  • Recovery mid-year: June 1.19% and July 1.72%, then a sharp August pullback to 0.68% (−1.04 points from July).

Comparison to the global baseline

  • Average level: Canada 1.12% vs global 1.78% (−0.66 percentage points); Canada was below market in 10 of 11 months, briefly edging above in November 2024 (+0.03 points).
  • Highs and lows:
  • Canada peak: 1.78% (November 2024); Global peak: 2.02% (August 2025).
  • Canada low: 0.46% (April 2025); Global low: 1.67% (February 2025).
  • Trend and stability:
  • Global CTR steadily increased from 1.76% (October) to 2.02% (August), with small, consistent month-to-month steps (average change ~0.05 points).
  • Canada’s trajectory was uneven, with a wider range (1.31 points vs 0.35 points globally) and larger swings, especially the April trough and August drop.

Seasonal patterns observed in this dataset

  • Q4 uplift: CTR strengthened into November for Finance in Canada, aligning with typical holiday-period engagement patterns, but retreated in December.
  • Early-year softness: February and especially April were weak.
  • Mid-year rebound: June–July recovery, followed by an August dip even as the global trend continued to climb.

Bottom line

Across October 2024–August 2025, Finance advertisers in Canada saw below-average CTR versus the global benchmark, with higher volatility and deeper troughs. Understanding click-through-rate benchmarks on Facebook Ads in industry Finance and Canada helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Click-Through Rate (CTR) is the percentage of impressions that resulted in a click on the Facebook ad. In the Finance industry, Facebook ad costs can be typically higher due to high competition and valuable conversions. 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. 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. 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 CTR and why does it matter for Facebook ads?

CTR (Click-Through Rate) is the percentage of people who click your ad after seeing it. It's calculated by dividing total clicks by total impressions, then multiplying by 100. A high CTR indicates your ad resonates with your audience and helps improve your relevance score, which can lower your overall costs.

What's the average CTR for Facebook ads in 2025?

The average Facebook ad CTR across industries sits around 0.90-1.10%. But there's significant variation. Your specific industry, audience targeting, and campaign objectives should determine your benchmark.

Why is my Facebook ad CTR consistently low?

Low CTR usually stems from poor audience targeting, weak creative, or a disconnect between your ad content and audience needs. Your ad might simply not be standingo out enough. Check if your visuals grab attention, your copy addresses clear pain points, and your audience targeting aligns with people genuinely interested in your offer.

Is CTR still a reliable metric for ad performance in 2025?

Yes—but only in context. High CTR is a signal that your creative works, but it doesn't guarantee conversions. Use it alongside other metrics like conversion rate to get the full picture.