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2025 Results
Gross revenues increased 10.0%, nearly doubling the pre-season projection of 5.4%.
Green fee and cart revenues rose 11.5%, driven largely by higher participation rather than pricing alone.
Membership revenues increased 6.6%, while food and beverage revenues grew 9.0%.
Staffing conditions improved significantly, with 92% of facilities reporting full staffing, easing the labour shortages experienced earlier in the decade.
Participation growth was particularly strong across Western and Atlantic Canada, with several provinces posting double-digit increases in rounds played.
2026 Outlook
Looking ahead to 2026, operators anticipate continued growth, though at a more moderate pace.
- Gross revenues are projected to increase 4.9% in 2026.
- Average rate per round is expected to rise 4.2%.
- Labour costs are forecast to increase 4.8%, reflecting stabilization in staffing markets.
Macroeconomic conditions entering 2026 appear more stable, with inflation returning to the Bank of Canada’s target range and small business confidence improving. However, consumer confidence remains somewhat cautious, suggesting operators may continue to see strong participation while remaining mindful of discretionary spending patterns.
Emerging Industry Trends
The report also highlights several emerging operational trends shaping the business of golf in Canada:
- Sustainability adoption continues to accelerate, with more than 40% of operators indicating sustainability is very important to their operation.
- Interest in electric turf equipment is growing, with 58.5% of facilities either exploring or planning adoption.
- Artificial intelligence is gaining traction, with more than half of operators either using or planning to implement AI tools in their operations.
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