Entry, exit, mergers and growth

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All (117)

All (117) (80 to 90 of 117 results)

  • Articles and reports: 88F0006X2006003
    Description:

    The objective of this study was to continue the investigation into growth factors initiated by the previous project: The characteristics of firms that grow from small to medium size in collaboration with the National Research Council Industrial Research Assistance Program (NRC-IRAP). Twenty five interviews augmented the original 25 with a more heterogeneous mix of Canadian technology-based firms led to the development of a framework for assessing the technology phase of small companies (or business lines in larger companies).

    Release date: 2006-05-11

  • 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: 88-003-X20050038761
    Geography: Canada
    Description:

    For many organizations involved in economic development, business incubation is a key to creating and nurturing new business. There is currently very little information available on the business incubator sector in Canada. A new Statistics Canada pilot survey will collect and benchmark vital information on this largely unknown sector of the Canadian economy.

    Release date: 2005-10-26

  • Articles and reports: 11F0027M2005033
    Geography: Canada
    Description:

    Plant deaths arise from failure when firms exit an industry. Plant deaths are also associated with renewal when incumbent firms close down plants and modernize their production facilities and start-up new plants.

    The rate of plant deaths affects the amount of change that occurs in labour and capital markets. Plant deaths result in job losses and incur significant human costs as employees are forced to seek other work. The death process also gives rise to capital losses - to the loss of earlier investments that the industrial system had made in productive capacity. This paper makes use of the plant-death date to provide new information on the likely length of life of capital invested in plants.

    This paper measures the death rate over a forty year period for new plants in the Canadian manufacturing sector. It develops a profile of the death rate for entrants as they age. On average, 14% of new plants die in their first year. Over half of new plants die by the age of six. By the age of 15, less than 20% are still alive.

    As a result, manufacturing plants have relatively short lives. The average new plant lives only nine years (17 years if the average is employment-weighted). These rates vary by industry. The longest length of life (13 years) can be found in two industries -primary metals and paper and allied products. The shortest average length of life (less than 8 years) occurs in wood industries.

    Release date: 2005-05-04

  • Articles and reports: 11-624-M2005010
    Geography: Canada
    Description:

    This paper tracks the growth and decline of information and communications technology (ICT) industries that were synonymous with the so-called new economy boom of the late-1990s and its subsequent bust period in the early 2000s. The analysis focuses on the question of whether the ICT bust has been accompanied by a structural shift illustrated by less firm turnover. It shows that to date there is little evidence of a structural shift. Entry rates of new establishments within the ICT sector were above those of other sectors within the economy during both the ICT boom and bust. This is evidence that both firms and entrepreneurs continued to see opportunities to develop new products and markets even during a time of retrenchment. The location of the ICT sector also show little evidence of a change.

    Release date: 2005-03-02

  • Articles and reports: 88F0006X2005005
    Description:

    This working paper illustrates the industries and communities that have the highest proportions of quickly growing small firms. It provides an estimate of the number of small companies that have grown to medium-sized between 1995 and 2000. The data analysed in this paper are from the LEAP-SAF (Longitudinal Employment Analysis Program: Small Area File), a synthetic database constructed from various administrative sources.

    Release date: 2005-02-23

  • Articles and reports: 11-522-X20030017710
    Description:

    This paper presents a probabilistic model which estimates the number of enterprises in different strata and applies logistic regression to estimate the probability of companies' activity statuses based on a survey on existence.

    Release date: 2005-01-26

  • 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: 11F0027M2004023
    Geography: Canada
    Description:

    This paper measures the degree of job renewal in Canadian manufacturing as a whole and across provinces. This study uses a longitudinal microdata set that covers the population of manufacturing plants in Canada from 1973 to 1996.

    Release date: 2004-10-21
Data (36)

Data (36) (0 to 10 of 36 results)

  • Table: 33-10-0176-01
    Geography: Canada, Geographical region of Canada, Province or territory
    Frequency: Occasional
    Description:

    Percentage of enterprises for which specific events occurred in the main geographical market, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific events include entry of new competitor(s), exit of competitor(s), increase in competitive behaviour from existing competitors, and decrease in competitive behaviour from existing competitors.

    Release date: 2024-04-30

  • Table: 33-10-0722-01
    Geography: Canada, Province or territory, Census metropolitan area
    Frequency: Monthly
    Description: This table presents experimental counts of businesses that open, close, or continue their operations each month for various levels of geographic and industry detail across Canada going back to January 2015. The data are available as series that are adjusted for seasonality. The level of geographic detail includes national, provincial and territorial, as well as census metropolitan areas (CMA). The data are also broken down by employment size and two-digit North American Industry Classification System (NAICS) with some common aggregations, including one for the total business sector.
    Release date: 2024-04-29

  • Table: 33-10-0087-01
    Geography: Geographical region of Canada, Province or territory
    Frequency: Annual
    Description: Counts of Entrants, Incumbents, and Exits by North American Industry Classification System, for each province and territory from the Longitudinal Employment Analysis Program.
    Release date: 2024-04-25

  • Table: 33-10-0088-01
    Geography: Geographical region of Canada, Province or territory
    Frequency: Annual
    Description: Entrants, Incumbents, and Exits by firm size, for each province and territory from the Longitudinal Employment Analysis Program.
    Release date: 2024-04-25

  • Table: 33-10-0164-01
    Geography: Canada
    Frequency: Annual
    Description:

    This table contains 2736 series, with data starting from 2001 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada) Business dynamics measure (16 items: Number of active employer businesses in the private sector; Number of entrants; Number of incumbents; Number of exits; ...) North American Industry Classification System (NAICS) (19 items: Private sector; Agriculture, forestry, fishing and hunting; Mining, quarrying, and oil and gas extraction; Utilities; ...) Firm size (9 items: Private sector; From 0 to less than 100 employees; From 0 to less than 50 employees; Less than 5 employees; ...).

    Release date: 2024-04-25

  • Table: 33-10-0219-01
    Geography: Canada
    Frequency: Annual
    Description:

    The number of enterprises and the value of support to enterprises broken down into eight employment size categories ranging from 0-4 employees to 500 employees or more.

    Release date: 2023-11-02

  • Table: 33-10-0220-01
    Geography: Canada
    Frequency: Annual
    Description:

    The number of enterprises and the value of support to enterprises broken down into nine revenue size categories ranging from 0$ to $250,000 to $500,000,000 or greater.

    Release date: 2023-11-02

  • Table: 33-10-0694-01
    Geography: Canada, Province or territory
    Frequency: Occasional
    Description: Business or organization plans to expand, restructure, acquire, invest, transfer, sell or close over the next 12 months, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, third quarter of 2023.
    Release date: 2023-08-28

  • Table: 33-10-0674-01
    Geography: Canada, Province or territory
    Frequency: Occasional
    Description: Business or organization plans to expand, restructure, acquire, invest, transfer, sell or close over the next 12 months, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, second quarter of 2023.
    Release date: 2023-05-29

  • Table: 33-10-0543-01
    Geography: Canada, Province or territory
    Frequency: Occasional
    Description:

    Plans for the business to transfer, sell, or close over the next 12 months, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, third quarter of 2022.

    Release date: 2022-08-30
Analysis (79)

Analysis (79) (0 to 10 of 79 results)

  • Articles and reports: 18-001-X2024002
    Description: This study examined the impact of federal business innovation and growth support (BIGS) programs on firm financial performance measured using revenue, profit and employment metrics. Using Statistics Canada’s Business Linkable File Environment data, the study observed the effects of BIGS on exporting versus non-exporting firms and Canadian- versus U.S.-owned firms from 2015 to 2020. Unlike previous studies that relied mainly on survey data, one significant aspect of this research was the use of a new dataset, enabling panel data structures and models to be employed. To assess the impact of BIGS and research and development spending on three interrelated measures of firm financial performance, the CDM (Crépon et al., 1998) framework was adopted.
    Release date: 2024-04-25

  • 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

  • Articles and reports: 11F0019M2022001
    Description:

    This study uses data from the Statistics Canada Longitudinal Worker File linked to Canadian census records to examine the impact of firm closures and involuntary job loss on entry into gig work. The analysis distinguishes between the actions of those who experienced an actual layoff associated with a firm closure and those who worked in a closing firm but did not necessarily wait until the closure (“impending layoff”).

    Release date: 2022-09-27

  • Articles and reports: 36-28-0001202200200006
    Description:

    The COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level evidence on the relationship between the usage of the CEWS programs and the survival and growth of businesses controlling for the pre-pandemic characteristics of businesses and where possible, their use of two other important programs, the Canada Emergency Business Account and the Canada Emergency Commercial Rental Assistance programs.

    Release date: 2022-02-23

  • Stats in brief: 11-633-X2022001
    Description:

    In 2020, Statistics Canada began publishing monthly releases of data on business openings and closures. This study provides a better understanding of business dynamics and provides decision makers with evidence to support economic policy development.

    Release date: 2022-01-25

  • Articles and reports: 18-001-X2021001
    Description:

    The federal government offers business innovation and growth support through program streams managed by its departments and agencies. In 2017, enterprises in the manufacturing sector accounted for almost one-quarter of the beneficiaries of this support and received almost one-third of the total value of support (Statistics Canada, 2020). The objective of this analysis is to assess the impact of federal growth and innovation support on the employment and revenue of beneficiary enterprises in the manufacturing sector between 2007 and 2017. This analysis suggests that enterprises that received federal support for growth and innovation experienced stronger employment and revenue growth relative to non-beneficiary enterprises. Over the three years following receipt of support, employment growth for beneficiary enterprises averaged 1.8% per year while, on average, enterprises that did not receive support experienced employment declines. Over the same period, the average annual revenue growth of beneficiary enterprises was higher than that of non-beneficiary enterprises by 4.6 percentage points.

    Release date: 2021-04-29

  • Articles and reports: 36-28-0001202100300002
    Description: Using the newly developed experimental series on monthly business openings and closures, this article examines the impacts of the COVID-19 pandemic on employment in the Canadian business sector and—in particular—the extent to which businesses that were active in February 2020 increased or decreased their employment since February. It also examines these impacts by business size.
    Release date: 2021-03-24

  • Articles and reports: 36-28-0001202100300003
    Description: This article compares the characteristics of employer businesses that were closed by September 2020 and remained closed as of November 2020 to those that were active before the onset of the pandemic in February 2020. Characteristics related to the risk of closure are examined: businesses size, age, indebtedness, liquidity and profitability. Based on these characteristics, the risk of closure is estimated for each business.
    Release date: 2021-03-24

  • Articles and reports: 11F0019M2021002
    Description:

    This study analyzes the determinants of entry into business ownership (defined as ownership of private incorporated businesses). Entrants into business ownership are defined as individuals who were primarily business owners in 2016, but not in 2015. An individual can become an entrant by starting an enterprise or acquiring shares of an existing private enterprise. Using a matched employer–employee database over the 2011-to-2016 period for approximately 24 million individuals, this study assesses the role of factors including personal characteristics, labour market experience and family characteristics.

    Release date: 2021-03-08

  • Articles and reports: 36-28-0001202100100001
    Description:

    The COVID-19 pandemic has affected the economy in extraordinary ways. Statistics Canada has developed new information sources to measure its impacts on businesses and workers. This article highlights the latest findings from new datasets on monthly business openings and closures and on businesses conditions, as well as supplementary analysis from the Labour Force Survey low-wage employees.

    Release date: 2021-01-27
Reference (2)

Reference (2) ((2 results))

  • Surveys and statistical programs – Documentation: 5056
    Description: Science, Innovation and Electronic Information Division is engaged in a joint project with the National Research Council's Industrial Research Assistance Program (IRAP) to investigate the characteristics of growth firms.

  • Surveys and statistical programs – Documentation: 5157
    Description: The objective of the Entrepreneurship Indicators Database is to provide comprehensive business demography statistics and performance indicators for enterprises in Canada.
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