Table 1
Business or organization expected obstacles over the next three months, by selected industries, second quarter of 2022
All businesses | Manufacturing | Wholesale trade | Retail trade | Arts, entertainment and recreation | Accommodation and food services | |
---|---|---|---|---|---|---|
% of businesses | % of businesses | % of businesses | % of businesses | % of businesses | % of businesses | |
Rising cost of inputs | 49.7 | 75.4 | 57.5 | 52.4 | 43.1 | 64.0 |
Transportation costs | 39.3 | 64.5 | 60.5 | 42.3 | 28.6 | 42.8 |
Recruiting skilled employees | 36.9 | 47.4 | 32.2 | 39.4 | 41.0 | 46.3 |
Shortage of labour force | 35.0 | 43.6 | 31.4 | 42.5 | 39.6 | 64.0 |
Cost of insurance | 32.8 | 30.9 | 25.4 | 25.7 | 28.2 | 36.5 |
Difficulty acquiring inputs, products or supplies from within Canada | 28.2 | 52.0 | 32.8 | 35.0 | 21.2 | 35.3 |
Retaining skilled employees | 27.6 | 32.3 | 21.1 | 32.1 | 30.6 | 42.4 |
Attracting new or returning customers | 20.5 | 21.1 | 17.3 | 28.5 | 32.4 | 34.3 |
Fluctuations in consumer demand | 20.1 | 28.5 | 23.7 | 30.3 | 22.7 | 30.3 |
Increasing competition | 18.8 | 18.5 | 20.3 | 26.7 | 16.2 | 26.8 |
Maintaining sufficient cash flow or managing debt | 18.8 | 25.8 | 16.8 | 20.3 | 22.8 | 28.5 |
Difficulty acquiring inputs, products or supplies from abroad | 18.2 | 41.8 | 37.9 | 29.5 | 12.4 | 17.6 |
Maintaining inventory levels | 17.4 | 30.7 | 30.2 | 39.1 | 11.4 | 26.4 |
Cost of personal protective equipment (PPE), additional cleaning or implementing distancing requirements | 13.9 | 17.7 | 8.5 | 11.3 | 14.7 | 18.4 |
Insufficient demand for goods or services offered | 11.3 | 7.9 | 12.7 | 15.2 | 14.8 | 16.0 |
Obtaining financing | 10.9 | 14.6 | 9.8 | 7.2 | 14.6 | 13.5 |
Shortage of space or equipment | 9.5 | 19.0 | 13.0 | 11.8 | 12.8 | 8.2 |
Travel restrictions and travel bans | 8.8 | 13.1 | 15.9 | 7.3 | 16.7 | 15.8 |
Entry to new markets | 6.3 | 11.5 | 8.6 | 5.7 | 4.0 | 3.6 |
Technology used by the business or organization becoming obsolete | 4.9 | 6.6 | 2.9 | 6.0 | 7.4 | 8.4 |
Challenges related to exporting or selling goods and services outside of Canada | 2.7 | 9.2 | 8.8 | 3.3 | 1.7 | 1.2 |
Technology sold by the business or organization becoming obsolete | 1.4 | 2.0 | 3.0 | 1.5 | 1.2 | 0.8 |
Other | 1.4 | 0.8 | 0.8 | 1.4 | 4.5 | 2.5 |
None | 18.0 | 5.6 | 11.3 | 12.4 | 13.8 | 7.3 |
Source(s):
Table 33-10-0504-01.
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