Impact of COVID-19 on businesses majority-owned by specific populations, first quarter of 2021

Many communities in Canada have been impacted in various ways by the COVID-19 pandemic. This article presents results from the Canadian Survey on Business Conditions in the context of businesses majority-owned by women, First Nations, Métis or Inuit persons, immigrants to Canada, and visible minorities. Differences were noted in certain areas, such as expectations in profitability and sales, changes in revenue, funding and credit, and workforce changes. This article further explores the challenges facing these businesses during these unprecedented times.