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Study: Corporate profitability and inflation, 2017 to 2022

Released: 2023-07-27

Today, Statistics Canada is releasing the study "Corporate profitability and inflation: 2017 to 2022."

This paper looks at how profitability has evolved for key Canadian industries from 2017 to 2022. A specific focus is given to the post-lockdown period from the second quarter of 2021 to the second quarter of 2022, during which year-over-year inflation exceeded the Bank of Canada's inflation-control target range ceiling of 3%. In addition to industry-wide trends, energy and food sectors are analyzed given their day-to-day relevance for Canadians.

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For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; or Media Relations (

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