Chart 1
Monthly business openings and closures as a percentage of active businesses, business sector, Canada, January 2021 to August 2022, seasonally adjusted series

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% 3.8 4.0 4.2 4.4 4.6 4.8 5.0 5.2 Jan. 2021 Aug. 2022 Opening rateOpening rate Closure rateClosure rate Opening rate (2015-to-2019 average)Opening rate (2015-to-2019 average) Closure rate (2015-to-2019 average)Closure rate (2015-to-2019 average)
Source(s):
Table 33-10-0270-01.

Chart description


This is a line chart.

Monthly business openings and closures as a percentage of active businesses, business sector, Canada, January 2021 to August 2022, seasonally adjusted series, %
  Opening rate Closure rate Opening rate (2015-to-2019 average) Closure rate (2015-to-2019 average)
January 2021 5.1 4.3 4.7 4.6
February 2021 5.0 4.6 4.7 4.6
March 2021 4.9 4.4 4.7 4.6
April 2021 4.7 4.8 4.7 4.6
May 2021 4.4 4.4 4.7 4.6
June 2021 4.6 4.6 4.7 4.6
July 2021 4.8 4.0 4.7 4.6
August 2021 4.8 4.5 4.7 4.6
September 2021 4.8 4.6 4.7 4.6
October 2021 4.9 4.4 4.7 4.6
November 2021 4.9 4.4 4.7 4.6
December 2021 4.8 4.7 4.7 4.6
January 2022 4.8 4.1 4.7 4.6
February 2022 4.9 5.0 4.7 4.6
March 2022 4.8 4.7 4.7 4.6
April 2022 4.8 4.4 4.7 4.6
May 2022 4.7 4.6 4.7 4.6
June 2022 4.5 4.4 4.7 4.6
July 2022 4.5 4.6 4.7 4.6
August 2022 4.4 4.9 4.7 4.6
Source(s):
Table 33-10-0270-01.
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