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Canada Ad Spending 2023

The Digital Shift Continues Amid Slowing Growth

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About This Report
Mobile and video formats will be key to a recovering ad market in the years ahead.
Table of Contents

Report Snapshot

Ad spending growth in Canada has cooled off as advertisers claw back budgets amid economic uncertainty. For recovery-minded brands, digital channels can help tap into the renewed consumer spending that’s projected to come in the next few years.

Key Question: How much of total ad spending in Canada is digital?

KEY STAT: Digital advertising will make up close to 7 in 10 ad dollars spent in Canada this year.

authors

Paul Briggs

Contributors

Iwona Drapala
Senior Forecasting Analyst
Bill Fisher
Principal Analyst, UK

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