Chart 1
Percent change in economic activity, September 2020 to October 2020 by index and by province or territory
Note(s):
PCA: principal component analysis; LASSO: least absolute shrinkage and selection operator.
Source(s):
Author's calculations based on data from table 36-10-0633-01.
Chart description
This is a bar clustered chart.
| PCA-based index | LASSO-based index | |
|---|---|---|
| Quebec | -0.84 | 0.12 |
| Northwest Territories | -0.09 | .. |
| Manitoba | 0.2 | 0.29 |
| Yukon | 0.49 | 0.55 |
| New Brunswick | 0.61 | 0.35 |
| Prince Edward Island | 1.67 | 0.15 |
| Saskatechwan | 2.05 | 0.39 |
| Ontario | 2.44 | 0.83 |
| British Columbia | 3.53 | 0.93 |
| Alberta | 4.25 | 1.81 |
| Nova Scotia | 4.87 | 0.66 |
| Newfoundland and Labrador | .. | 0.98 |
| Nunavut | .. | -0.89 |
Note(s):
PCA: principal component analysis; LASSO: least absolute shrinkage and selection operator.
Source(s):
Author's calculations based on data from table 36-10-0633-01.
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