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All (18) (0 to 10 of 18 results)

  • Articles and reports: 36-28-0001202301000005
    Description: The COVID-19 pandemic had a substantial impact on business dynamics, leading to the temporary or permanent closure of many businesses. Using a newly developed linked database, this paper presents trends in exits, insolvency proposals and bankruptcies across business and financial characteristics among corporations from 2004 to 2020.
    Release date: 2023-10-25

  • Stats in brief: 45-28-0001202100100009
    Description:

    As a result of the widespread measures taken to contain the spread of COVID-19, the Canadian economy contracted. By the end of May, the Canadian economy had been transformed by COVID-19 and many businesses had begun to adapt to the new reality by shifting to teleworking, reducing hours, laying off staff, applying for government funding or seeking rent relief. As parts of Canada were exposed to a second wave of COVID-19 and other parts were in recovery, Statistics Canada ran the Canadian Survey on Business Conditions to better understand the ongoing impacts on businesses. Based on the results of the survey, while the majority of businesses in Canada were impacted, smaller businesses with 1 to 99 employees were slightly more affected.

    Release date: 2021-03-10

  • Stats in brief: 45-28-0001202100100001
    Description:

    This article examines the changes in the number of companies that filed under the Bankruptcy and Insolvency Act and the Corporations' Creditors Arrangement Act from 2006 to the third quarter of 2020. The analysis highlights the number of firms filing for creditor protection, as well as the financial position of these firms before the onset of the pandemic.

    Release date: 2021-01-18

  • Table: 11-210-X
    Description:

    This companion volume contains historical annual series that correspond to those published in the monthly tables. It includes Canada-wide data on the national accounts, prices, international and domestic trade, labour and financial markets, as well as provincial data on employment earnings, retail trade, housing and consumer price indexes.

    Release date: 2011-07-14

  • Articles and reports: 11-008-X201100111431
    Geography: Canada
    Description:

    Over the last two decades, the bankruptcy rate in Canada has been trending upwards, regardless of changing economic conditions; the age of people filing for bankruptcy has also been rising. Using the 2007 General Social Survey, this article identifies pre-retirees aged 45 to 64 who have experienced a bankruptcy and examines how they are preparing for retirement.

    Release date: 2011-04-21

  • 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

  • Articles and reports: 11-624-M2006015
    Geography: Canada
    Description:

    This paper provides an overview of the long-run trend in business bankruptcies in Canada, examines the reaction of bankruptcies by region to the stresses associated with fluctuations in the economy and analyses the relation between the incidence of bankruptcies and the economic health of the regions. Over the past 25 years, Canadian businesses have experienced a number of tumultuous periods. After 2 decades of high bankruptcy associated with 2 major recessions and the implementation of 2 free trade agreements in the 1980s and 1990s, bankruptcies have returned by 2005 to levels experienced in the early 1980s. At the same time, the differences between the bankruptcy rates of Ontario, Quebec and British Columbia fell as the intensity of bankruptcies in these 3 provinces converged. Throughout the period, bankruptcies in these 3 provinces moved in concert with unemployment rates in most provinces. The exceptions are Alberta and Nova Scotia, which experienced marked increases in bankruptcies in the early 1990s.

    Release date: 2006-10-12

  • Table: 61-534-X
    Description:

    This publication describes the evolution of the Canadian business environment in light of economic changes in Canada from 1991 to 2001. The publication shows business and employment dynamics in Canada during this period. It provides (1) statistics that show the direct impact of these changes on business creation (firm births) and business destruction (firm deaths); (2) the relative share and distribution of businesses and employment across various categories of firms (Size - small, medium and large size firms, Industry - low-knowledge, medium-knowledge and high-knowledge industries, as well as goods and services industries and by Geography-Province); and (3) it examines survival rates of newly created businesses (lifespan of new businesses).

    Release date: 2006-03-10

  • Articles and reports: 11-010-X20040107420
    Geography: Canada
    Description:

    This paper presents measures of the extent of renewal in Canada's manufacturing sector over a four-decade period, which roughly represents the productive lifetime of a worker. Renewal occurs when old plants are supplanted by new plants or when some plants decline and others grow. In both cases, resources used in production are being shifted from less productive to more productive plants.

    Release date: 2004-10-21

  • Articles and reports: 11-624-M2004008
    Geography: Canada
    Description:

    This paper measures the extent of economic renewal in Canada's manufacturing sector over a four-decade period, 1961 to 1999, which roughly represents the productive lifetime of a worker.

    Release date: 2004-10-21
Data (3)

Data (3) ((3 results))

  • Table: 11-210-X
    Description:

    This companion volume contains historical annual series that correspond to those published in the monthly tables. It includes Canada-wide data on the national accounts, prices, international and domestic trade, labour and financial markets, as well as provincial data on employment earnings, retail trade, housing and consumer price indexes.

    Release date: 2011-07-14

  • Table: 61-534-X
    Description:

    This publication describes the evolution of the Canadian business environment in light of economic changes in Canada from 1991 to 2001. The publication shows business and employment dynamics in Canada during this period. It provides (1) statistics that show the direct impact of these changes on business creation (firm births) and business destruction (firm deaths); (2) the relative share and distribution of businesses and employment across various categories of firms (Size - small, medium and large size firms, Industry - low-knowledge, medium-knowledge and high-knowledge industries, as well as goods and services industries and by Geography-Province); and (3) it examines survival rates of newly created businesses (lifespan of new businesses).

    Release date: 2006-03-10

  • Table: 53-222-X20000006589
    Description:

    The following study provides a financial picture of this group of independent owner operators over a period of eight years and includes comparisons with for-hire carriers of the same size involved in the same activities. It also describes the survey's constraints and the difficulty of measuring a group of workers as large and volatile as owner operators.

    Release date: 2002-03-22
Analysis (15)

Analysis (15) (0 to 10 of 15 results)

  • Articles and reports: 36-28-0001202301000005
    Description: The COVID-19 pandemic had a substantial impact on business dynamics, leading to the temporary or permanent closure of many businesses. Using a newly developed linked database, this paper presents trends in exits, insolvency proposals and bankruptcies across business and financial characteristics among corporations from 2004 to 2020.
    Release date: 2023-10-25

  • Stats in brief: 45-28-0001202100100009
    Description:

    As a result of the widespread measures taken to contain the spread of COVID-19, the Canadian economy contracted. By the end of May, the Canadian economy had been transformed by COVID-19 and many businesses had begun to adapt to the new reality by shifting to teleworking, reducing hours, laying off staff, applying for government funding or seeking rent relief. As parts of Canada were exposed to a second wave of COVID-19 and other parts were in recovery, Statistics Canada ran the Canadian Survey on Business Conditions to better understand the ongoing impacts on businesses. Based on the results of the survey, while the majority of businesses in Canada were impacted, smaller businesses with 1 to 99 employees were slightly more affected.

    Release date: 2021-03-10

  • Stats in brief: 45-28-0001202100100001
    Description:

    This article examines the changes in the number of companies that filed under the Bankruptcy and Insolvency Act and the Corporations' Creditors Arrangement Act from 2006 to the third quarter of 2020. The analysis highlights the number of firms filing for creditor protection, as well as the financial position of these firms before the onset of the pandemic.

    Release date: 2021-01-18

  • Articles and reports: 11-008-X201100111431
    Geography: Canada
    Description:

    Over the last two decades, the bankruptcy rate in Canada has been trending upwards, regardless of changing economic conditions; the age of people filing for bankruptcy has also been rising. Using the 2007 General Social Survey, this article identifies pre-retirees aged 45 to 64 who have experienced a bankruptcy and examines how they are preparing for retirement.

    Release date: 2011-04-21

  • 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

  • Articles and reports: 11-624-M2006015
    Geography: Canada
    Description:

    This paper provides an overview of the long-run trend in business bankruptcies in Canada, examines the reaction of bankruptcies by region to the stresses associated with fluctuations in the economy and analyses the relation between the incidence of bankruptcies and the economic health of the regions. Over the past 25 years, Canadian businesses have experienced a number of tumultuous periods. After 2 decades of high bankruptcy associated with 2 major recessions and the implementation of 2 free trade agreements in the 1980s and 1990s, bankruptcies have returned by 2005 to levels experienced in the early 1980s. At the same time, the differences between the bankruptcy rates of Ontario, Quebec and British Columbia fell as the intensity of bankruptcies in these 3 provinces converged. Throughout the period, bankruptcies in these 3 provinces moved in concert with unemployment rates in most provinces. The exceptions are Alberta and Nova Scotia, which experienced marked increases in bankruptcies in the early 1990s.

    Release date: 2006-10-12

  • Articles and reports: 11-010-X20040107420
    Geography: Canada
    Description:

    This paper presents measures of the extent of renewal in Canada's manufacturing sector over a four-decade period, which roughly represents the productive lifetime of a worker. Renewal occurs when old plants are supplanted by new plants or when some plants decline and others grow. In both cases, resources used in production are being shifted from less productive to more productive plants.

    Release date: 2004-10-21

  • Articles and reports: 11-624-M2004008
    Geography: Canada
    Description:

    This paper measures the extent of economic renewal in Canada's manufacturing sector over a four-decade period, 1961 to 1999, which roughly represents the productive lifetime of a worker.

    Release date: 2004-10-21

  • Articles and reports: 11F0019M2003202
    Geography: Canada
    Description:

    This paper examines the factors underlying firm failure, and compares the failure mechanisms for young firms against those of older organizations. This paper suggests that there are systematic differences between the determinants of firm failure for firms that fail early in life and those that fail after having successfully negotiated the early liabilities of newness and adolescence. Data from 339 Canadian corporate bankruptcies confirm that younger firms fail because of inadequacies in managerial knowledge and financial management abilities. On the other hand, older firms are more likely to fail because of an inability to adapt to environmental change.

    Release date: 2003-08-08

  • Articles and reports: 63-016-X20010025947
    Geography: Canada
    Description:

    This article examines evidence of consolidation in the Canadian P&C insurance industry since 1988.

    Release date: 2001-10-16
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