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  • 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
Data (1)

Data (1) ((1 result))

  • 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
Analysis (2)

Analysis (2) ((2 results))

  • 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
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