Google Display Network averages $0.71 CPC and $3.33 CPM. Meta Ads averages $1.05 CPC and $7.41 CPM. Analysis for Canada in 2026.
Canada is a smaller but disproportionately mature digital ad market, with digital share of total media spend tracking close to US levels. Google and Meta dominate, but Canadian advertisers contend with two important wrinkles: French-language obligations in Quebec (Bill 96 enforcement has tightened) and CASL, one of the world's strictest anti-spam laws. CPMs typically run 5-10% below the US, reflecting a smaller auction pool and lower absolute population. The market is also unusually concentrated geographically — Toronto, Montreal, and Vancouver account for the majority of high-value commercial audiences, which makes geo-targeting more efficient than national campaigns for most verticals.
Display advertising across Google's network of partner sites
Facebook and Instagram advertising - highly targetable social ads
The auction, the creative, the budget floor — the three things you actually need to know before picking a platform.
GDN buys impressions across 2M+ publisher sites via a real-time auction. You can bid CPC or CPM depending on the campaign goal. CPCs are 4–7x lower than search, but conversion rates are also lower — it's a top-of-funnel channel, not a decision-point channel.
Responsive Display Ads: 15 images (1200×628 landscape, 1200×1200 square, 1200×1500 portrait), 5 logos, 5 short headlines (30ch), 5 long headlines (90ch), 5 descriptions (90ch). Google auto-assembles.
$30–75/day gets a display campaign to statistical signal, though retargeting audiences reach signal faster and are the recommended entry point for smaller budgets.
Meta (Facebook + Instagram) runs an auction across Feed, Stories, Reels, Marketplace, and Audience Network. You optimize for a conversion event; Meta's algorithm decides bid and placement. Effective CPM is $6–12, effective CPC $0.80–1.50 depending on optimization goal and vertical.
Feed: 1:1 (1080×1080), 4:5 portrait (1080×1350). Reels/Stories: 9:16 (1080×1920). Video 15–60s. Carousel supports 10 cards. Copy ~125 chars before the truncate. Creative fatigue is the #1 cost driver — refresh every 2–3 weeks.
The algorithm needs ~50 conversion events per week per ad set to exit learning phase. For a $30 CPA that's ~$1,500/week or $6K/month per campaign. Below that, performance is a lottery.