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  • 1. Monthly Business Openings and Closures: Experimental Series for Canada, the Provinces and Territories, and Census Metropolitan Areas
    Articles and reports: 11-626-X2020014
    Geography: Canada, Geographical region of Canada
    Description:

    This article in the Economic Insights series presents monthly estimates of the number of business openings and closings, continuing businesses, and active businesses from January 2015 to April 2020. The estimates for businesses with employees are available for Canada, the provinces and territories, and census metropolitan areas. Where possible, industry information based on two-digit North American Industry Classification Systems codes are also presented. A business closing is defined as a firm that had employment in the previous month, but no employment in the current month.

    Release date: 2020-08-05
  • 2. Firm Dynamics: Firm Entry and Exit in the Canadian Provinces, 2000 to 2009 Archived
    Articles and reports: 11-622-M2013030
    Geography: Canada, Geographical region of Canada, Province or territory
    Description:

    This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns to differences in industrial structure and the response of firm entry and exit to changes in the economic environment.

    Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are ubiquitous, new firms are often associated with new ideas and the provision of innovative goods and services that enhance competition and force incumbents to become more innovative and efficient. Studies have shown the considerable role played by entry and exit in resource reallocation and productivity improvement.

    Release date: 2013-12-10
  • 3. Understanding Regional Differences in Work Hours Archived
    Articles and reports: 11F0019M2007293
    Geography: Canada, Geographical region of Canada, Province or territory
    Description:

    In recent years, differences in working hours between Canada and other countries have been the focus of a substantial body of research. Much less attention has been paid to regional differences in work hours, although differences in average annual work hours between some regions are of an order of magnitude that is similar to that of the Canada-U.S. difference. Using data from the 2004 Survey of Labour and Income Dynamics, this study examines how much of differences in working time between Ontario and five other regions of Canada can be explained by 'observable' differences, including differences in union status, industrial structure, job conditions and demographic characteristics. 'Observables' were relatively efficient in explaining differences in the shares of individuals working a short year and working a full-year, full-time schedule. However, they were not very helpful in explaining differences in long work hours, did not entirely explain the larger share of short-year workers in the Atlantic and in British Columbia, and did not explain the huge popularity of the 'low' full-year, full-time schedule in Quebec. These differences that remain unexplained suggest that 'unobservable' factors (those that are difficult to observe in household surveys) also contribute to regional differences in work hours. These include incentives related to wage inequality, possible tax incentives (or disincentives) built upon progressive taxation policies, differences in job conditions, in preferences and tastes, and in the shape of institutions.

    Release date: 2007-01-22
  • 4. National and regional trends in business bankruptcies, 1980-2005 Archived
    Articles and reports: 11-010-X20060109500
    Geography: Canada, Geographical region of Canada
    Description:

    The number and rate of bankruptcies have fallen steadily since the mid-1990s. However, the liabilities from these failures have trended up, implying that more large firms are going bankrupt. There has been a marked narrowing of regional differences in bankruptcy rates.

    Release date: 2006-10-12
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