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  • 81. Impact of COVID-19 on businesses majority-owned by visible minorities in Canada, second quarter of 2021
    Stats in brief: 45-28-0001202100100026
    Description:

    The COVID-19 pandemic has impacted many different communities in Canada, including visible minorities. This article presents results from the Canadian Survey on Business Conditions which show that businesses majority-owned by visible minorities expect lower profits, and are more likely to expect to face obstacles obtaining financing. Their financial constraints do not differ greatly from all private sector businesses, and over one-tenth of businesses majority-owned by visible minorities can continue to operate for less than 12 months. This article further explores the obstacles these businesses expect to face and their expectations for the future.

    Release date: 2021-06-14
  • 82. Impact of COVID-19 on the tourism sector, second quarter of 2021 Archived
    Stats in brief: 45-28-0001202100100023
    Description:

    Different industries have been impacted in various ways by the COVID-19 pandemic. The tourism sector was one of the hardest hit by travel restrictions. This paper presents a portrait of the pandemic's impact on the tourism sector and the expectations of these businesses moving forward. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

    Release date: 2021-06-08
  • 83. Impact of COVID-19 on small businesses in Canada, second quarter of 2021 Archived
    Stats in brief: 45-28-0001202100100022
    Description:

    By the second quarter of 2021, the Canadian economy had experienced just over a full year of COVID-19. With the proportion of small businesses making up nearly all of the employer businesses in Canada, small businesses have a significant impact on the overall Canadian economy. This paper presents a portrait of the pandemic's impact on small businesses in the second quarter of 2021 and the expectations of these businesses moving forward. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

    Release date: 2021-06-03
  • 84. Business conditions in Canada, second quarter of 2021 Archived
    Stats in brief: 11-627-M2021050
    Description:

    From April 1 to May 6 2021, Statistics Canada conducted the Canadian Survey on Business Conditions to examine how COVID-19 is affecting businesses in Canada and to find out their expectations for the future. This infographic presents key results from this survey.

    Release date: 2021-05-28
  • 85. Outlook of rural businesses and impacts related to COVID-19, first quarter of 2021
    Stats in brief: 45-28-0001202100100015
    Description:

    This article examines some of the effects of COVID-19 on rural businesses in Canada, with comparison to urban counterparts at the provincial and territorial level for contextual support. Topics include revenue changes, business obstacles and challenges, operational status of businesses, and other subjects from the Canadian Survey on Business Conditions, first quarter of 2021.

    Release date: 2021-05-04
  • 86. Impact of COVID-19 on businesses majority-owned by specific populations, first quarter of 2021 Archived
    Stats in brief: 45-28-0001202100100013
    Description:

    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.

    Release date: 2021-03-26
  • 87. Impact of COVID-19 on food services and drinking places, first quarter of 2021 Archived
    Stats in brief: 45-28-0001202100100010
    Description:

    Different industries have been impacted in various ways by the COVID-19 pandemic. The food services and drinking places subsector was one of the hardest hit by public-safety measures. This paper presents a portrait of the pandemic's impact on food services and drinking places in 2020 and the expectations of these businesses moving forward. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

    Release date: 2021-03-18
  • 88. Impact of COVID-19 on small businesses in Canada, first quarter of 2021 Archived
    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
  • 89. Business conditions in Canada, first quarter of 2021
    Stats in brief: 11-627-M2021020
    Description:

    From January 11 to February 11, Statistics Canada conducted the Canadian Survey on Business Conditions to examine how COVID-19 is affecting businesses in Canada and to find out their expectations for the future. This infographic presents some key results from this survey.

    Release date: 2021-03-05
  • 90. Impact of COVID-19 on businesses majority-owned by visible minorities, third quarter of 2020 Archived
    Articles and reports: 45-28-0001202000100090
    Description:

    Different communities in Canada have been impacted in various ways by the COVID-19 pandemic. Using the data from the Canadian Survey on Business Conditions, a comparison was made to assess the impact of COVID-19 on businesses majority-owned by visible minorities. Differences were noted in certain areas: these businesses were more likely to experience a decrease in revenue, have less liquidity, be unable to take on more debt, and be approved for funding or credit. This article further explores the impacts these businesses are experiencing during these unprecedented times.

    Release date: 2020-11-25
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