Entry, exit, mergers and growth

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All (117) (60 to 70 of 117 results)

  • 61. Study: Firm Dynamics: Employment Growth Rates of Small Versus Large Firms in Canada 1999 to 2008 Archived
    Stats in brief: 11-001-X20121875720
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2012-07-05
  • 62. Firm Dynamics: Employment Growth Rates of Small Versus Large Firms in Canada Archived
    Articles and reports: 11-622-M2012025
    Geography: Canada
    Description:

    This paper examines whether Canadian firms of different sizes (in terms of employment) grow at different rates year-on-year. The data are from Statistics Canada's Longitudinal Employment Analysis Program and cover the 1999-to-2008 period. The methodology is similar to that used by Haltiwanger, Jarmin and Miranda (2010) for the United States: controls are used for firm age, and possible bias from short-term regression to the mean is removed by sizing firms according to their average number of employees in both previous and current years.

    Release date: 2012-07-05
  • 63. Small Firms Create Proportionally More Jobs than Large Firms: Myth or Reality? Archived
    Articles and reports: 11-626-X2012011
    Geography: Canada
    Description:

    This article in the Economic Insights series looks at the relationship between firm size and employment growth rates. It is based on the working paper Firm Dynamics: Employment Growth Rates of Small Versus Large Firms in Canada, which is the result of a joint research effort by Statistics Canada and Industry Canada.

    Release date: 2012-07-05
  • 64. Study: Measures of employment turnover post 2000 2001 to 2009 Archived
    Stats in brief: 11-001-X20121795601
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2012-06-27
  • 65. Firm Dynamics: Employment Dynamics Arising from Firm Growth and Contraction in Canada, 2001 to 2009 Archived
    Articles and reports: 11-622-M2012024
    Geography: Canada
    Description:

    This paper looks at annual changes in Canadian business sector employment from 2001 to 2009. This period encompasses an expansionary phase (2001 to 2008), followed by a recession (2008/2009). Firm-level data are used to decompose yearly net employment change into gross employment creation and destruction, which makes it possible to measure the size of total annual employment reallocation. These measures of employment turnover are compared across industries and firm size classes.

    Release date: 2012-06-27
  • 66. Measures of Employment Turnover Post 2000: Gross Employment Gains and Losses Versus Net Employment Change Archived
    Articles and reports: 11-626-X2012009
    Geography: Canada
    Description:

    This article in the Economic Insights series decomposes business-sector annual net employment growth into gross employment creation and gross employment destruction at the firm level. It is based on research carried out by Statistics Canada on the topic of business dynamics.

    Release date: 2012-06-27
  • 67. Firm Dynamics: Firm Entry and Exit in Canada, 2000 to 2008 Archived
    Articles and reports: 11-622-M2012022
    Geography: Canada
    Description:

    This paper examines firm entry and exit patterns in the Canadian business sector by using the Longitudinal Employment Analysis Program database developed by Statistics Canada. Our primary purpose is to present stylized facts and provide descriptive analysis of the entry and exit patterns in the Canadian economy in order to form a solid foundation for future in-depth theoretical and empirical studies of firm dynamics. In particular, this paper focuses on the relative importance of entrants and exiters in terms of both number and employment, the persistence of entry and exit patterns over time, and the correlation between industry entry and exit rates.

    Release date: 2012-01-25
  • 68. Firm Entry and Exit in Canada, 2000 to 2008 Archived
    Articles and reports: 11-626-X2012004
    Geography: Canada
    Description:

    This Economic Insights article discusses firm entry and exit patterns in the Canadian business sector and its constituent industries. The analysis is based on Statistics Canada Longitudinal Employment Analysis program datasets. The article focuses on the relative importance of entrants and exiters, calculated in terms of number of firms and employment, the persistence of entry and exit patterns over time, and the correlation between industry entry and exit rates.

    Release date: 2012-01-25
  • 69. Firm Turnover and Productivity Growth in Selected Canadian Services Industries, 2000 to 2007 Archived
    Articles and reports: 11F0027M2011072
    Geography: Canada
    Description:

    The nature of the competitive process that causes a reallocation of market shares within an industry contributes to aggregate productivity growth. This paper extends our understanding of industry differences in the competitive process by examining firm turnover and productivity growth in various services industries in Canada and situating them relative to retailing and manufacturing, two industries which have been the focus of these studies in the past. Seven industries in the services sector, namely wholesale trade, transportation and warehousing, air transportation, truck transportation, broadcasting and telecommunications, business services and financial services, are examined.

    Release date: 2011-08-19
  • 70. Death of Canadian Manufacturing Plants: Heterogeneous Responses to Changes in Tariffs and Real Exchange Rates Archived
    Articles and reports: 11F0027M2010061
    Geography: Canada
    Description:

    We examine the simultaneous effects of real-exchange-rate movements and of tariff reductions on plant death in Canadian manufacturing industries between 1979 and 1996. We find that both currency appreciation and tariff cuts increase the probability of plant death, but that tariff reductions have a much greater effect. Consistent with the implications of recent international-trade models involving heterogeneous firms, we further find that the effect of exchange-rate movements and tariff cuts on exit are heterogeneous across plants - particularly pronounced among least efficient plants. Our results reveal multi-dimensional heterogeneity that current models featuring one-dimensional heterogeneity (efficiency differences among plants) cannot fully explain. There are significant and substantial differences between exporters and non-exporters, and between domestic- and foreign- controlled plants. Exporters and foreign-owned plants have much lower failure rates; however, their survival is more sensitive to changes in tariffs and real exchange rates, whether differences in their efficiency levels are controlled or not.

    Release date: 2010-04-14
Data (36)

Data (36) (0 to 10 of 36 results)

  • 1. Changes in the main geographical market, by industry and enterprise size
    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
  • 2. Experimental estimates for business openings and closures by employment size for Canada, provinces and territories, census metropolitan areas, seasonally adjusted
    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
  • 3. Business Dynamics measures, by industry, per province or territory
    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
  • 4. Business Dynamics measures, by firm size, per province or territory
    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
  • 5. Business Dynamics measures, by industry
    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
  • 6. Enterprises (ultimate beneficiary) with business innovation and growth support by employment size and year
    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
  • 7. Enterprises (ultimate beneficiary) with business innovation and growth support by revenue size and year
    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
  • 8. Business or organization plans to expand, restructure, acquire, invest, transfer, sell or close over the next 12 months, third quarter of 2023
    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
  • 9. Business or organization plans to expand, restructure, acquire, invest, transfer, sell or close over the next 12 months, second quarter of 2023
    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
  • 10. Plans to transfer, sell, or close business over the next 12 months, third quarter of 2022
    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) (40 to 50 of 79 results)

  • 41. National and Regional Trends in Business Bankruptcies, 1980 to 2005 Archived
    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
  • 42. Are Small Businesses Positioning Themselves for Growth? A Comparative Look at the Use of Selected Management Practices by Firm Size Archived
    Articles and reports: 88F0006X2006010
    Description:

    It is well-known that small firms are managed differently from large firms, and this paper provides further evidence in support of this idea while suggesting that some small firms are adopting management behaviours of larger firms. Could these small firms be positioning themselves for growth or using organisational innovation as a tool for survival or adopting some formal organization practices early? In 2004, the Survey of Electronic Commerce and Technology provided a list of eight management practices that according to interviews with small and medium-sized firms indicated potential firm growth. The management practices listed were organisational structures; employee feedback surveys; mentoring or coaching programs; and written strategies for marketing; managing growth; commercialisation of intellectual property; succession management; and risk management.

    Release date: 2006-10-02
  • 43. Competition, Firm Turnover and Productivity Growth Archived
    Articles and reports: 11F0027M2006042
    Geography: Canada
    Description:

    This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted from one firm to another, driven by the competitive process. Turnover occurs as some firms gain market share and others lose it. Some of the resulting turnover is due to entry and exit. Another part arises from growth and decline in incumbent continuing firms. This paper proposes a method for measuring the impact of firm turnover on productivity growth and shows that it is far more important than many previous empirical studies have concluded. It argues that firm turnover associated with competition is the main source of aggregate labour productivity growth in Canadian manufacturing industries.

    Release date: 2006-09-25
  • 44. Innovation Capabilities: The Knowledge Capital Behind the Survival and Growth of Firms Archived
    Articles and reports: 11-622-M2006013
    Geography: Canada
    Description:

    This paper summarizes the findings of a research program aimed at outlining the importance to the firm growth process of competencies that arise from investments in intangible assets. The program has consisted of two parts. First, longitudinal databases have provided a rich set of studies on entry, exit, mergers and other aspects of dynamics related to growth and decline in firm populations. These studies have shown the pervasiveness of growth and decline in the firm population. By themselves, these studies do not demonstrate what strategies differentiate the most successful from the least successful. To do so, we have built a set of firm surveys that allowed profiles to be developed of the type of competencies that stem from investments in organizational capital. In turn, these are linked to administrative data that allow us to classify firms as either growing or declining. We then asked how differences in competencies were related to the performance of firms.

    Release date: 2006-09-18
  • 45. Head Office Employment in Canada, 1999 to 2005 Archived
    Articles and reports: 11-624-M2006014
    Geography: Canada
    Description:

    This paper provides an analysis of trends in business sector head office employment in Canada from 1999 to 2005. It investigates changes in the number of head offices and head office employment over this period. The paper also examines the effect of foreign ownership on head office employment. It asks how much foreign-controlled firms contribute to Canadian head office employment and employment growth and what happens to head office employment when control of a firm changes from domestic to foreign. The paper also looks at the rate at which head offices enter and exit over time with a view to ascertaining whether the loss of a head office is a rare occurrence or a relatively common event. Finally, the paper presents trends in head office employment across metropolitan areas over the past six years.

    Release date: 2006-07-13
  • 46. Business incubation in Canada: Preliminary indicators Archived
    Articles and reports: 88-003-X20060029238
    Geography: Canada
    Description:

    In Canada, two-in three new businesses do not survive to their fifth year. Business incubators provide space, advice and other support designed to assist new and growing businesses to become established and profitable. There are at least 78 operating business incubators in Canada and their funding totals almost $40 million which are discussed in this article.

    Release date: 2006-06-27
  • 47. Characteristics of Growth Firms Archived
    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
  • 48. The Survey of Business Incubators, 2005 Archived
    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
  • 49. Death in the Industrial World: Plant Closures and Capital Retirement Archived
    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
  • 50. An Anatomy of Growth and Decline: High-tech Industries Through the Boom and Bust Years, 1997-2003 Archived
    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
Reference (2)

Reference (2) ((2 results))

  • 1. Characteristics of Growth Firms
    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.
  • 2. Entrepreneurship Indicators Database
    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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