Business performance and ownership

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: This tool includes information collected as part of the Quarterly Financial Statistics for Enterprises program, which provides data used to measure the financial position and performance of incorporated businesses by industry aggregations.

Description: The need for alternative data sources is of growing importance for both supplementing Statistics Canada's data holdings and for nowcasting economic activity. In response to this need, Statistics Canada initiated the development of a Real-time Local Business Conditions Index (RT-LBCI). The index brings together data from a few different sources, including Google's Places API (containing data on temporary and permanent businesses closures), TomTom Real-time traffic API (road traffic data), as well as information from Statistics Canada data holdings (monthly retail and wholesale, Business Register, etc.). The project aims to compute a near real-time index of economic activity in Canadian major cities.

Description: This table contains 38 series, with data starting from 1957 (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), Rates (38 items: Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate; Forward premium or discount (-), United States dollars in Canada: 1 month; ...).

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This table contains 27 series, with data starting from 1981 (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); Type of currency (27 items: Australian dollar, daily average; Brazilian real, daily average; Chinese renminbi, daily average; European euro, daily average; ...).

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Selected quarterly aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, presented in millions of dollars.

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Selected quarterly aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, presented in millions of dollars.

Description: Selected quarterly aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, for all industries, presented in millions of dollars.

Description: Selected quarterly aggregate balance sheet and income statement items representing incorporated enterprises operating in Canada, presented in millions of dollars.

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The RT-LBCI is released as an experimental statistic. It is intended to provide a real-time signal on business activities following the disruptions brought about by the pandemic and through the recovery phase.

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Percentage of enterprises that implemented specific changes in response to change in competition in the main geographical market, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific changes include change in quality of goods or services (products), adoption of new technology or a new process, change in marketing expenditures or marketing strategy, introduction or acceleration of the introduction of new goods or services (products), change in prices of goods or services (products), and take other actions.

Description: Percentage of enterprises that regularly used specific business practices, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Business practices include product and control management practices – concurrent engineering (simultaneous design), cross-functional design teams, electronic work arrangement, distribution resource planning (DRP), practices related to user or customer engagement and intelligence, and product data management (PDM); quality management practices – continuous improvement (including total quality management [TQM]), business certification or certification renewals, and quality management systems (QMS); other business practices – competitive technological intelligence (CTI) or benchmarking, sustainable development strategy or environmental stewardship plan (ESP), life cycle management (LCM), and intellectual property management.

Description: Percentage of enterprises that had specific strategic focus with respect to business processes (core activities to produce products and all support business activities) over the next five years, by North American Industry Classification System (NAICS) code and enterprise size. Strategic focus with respect to business processes include maintenance on current business processes, optimization of current business processes, introduction of new or improved business processes, downsize of current business processes to focus on areas of advantage.

Description: Percentage of enterprises that required skills in specific areas, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific areas include basic digital, computer science, information technology, general data science and analytics, natural sciences and engineering, management, business, international business, skilled trades, design, coaching and mentoring skills to meet the needs of the business, and e-commerce or digital trade.

Description: Percentage of enterprises that encountered skill shortages in specific areas, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Specific areas include basic digital, computer science, information technology, general data science and analytics, natural sciences and engineering, management, business, international business, skilled trades, design, coaching and mentoring skills to meet the needs of the business, and e-commerce or digital trade.

Description: Percentage of enterprises that took measures to overcome skill shortages, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Measures include outsourcing work in Canada, offshoring of labour, targeted recruitment process, student hiring, training staff, retention strategy, acquisition of external businesses, global talent attraction, other government programs, and other measures.

Description: Percentage of enterprises that arranged training or development activities to employees, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Training and development activities include job specific training, managerial training, training in new technology, training in new business practices, training in international business, digital skill training, data literacy skill training, coaching and mentoring for employees, and other training or development.

Description: Percentage of enterprises that had arrangements with other business entities outside Canada for them to perform manufacturing, processing, or assembly work according to the specifications provided by these enterprises or on behalf of their clients, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period.

Description: Percentage of enterprises that performed manufacturing, processing, or assembly work according to the specifications provided by non-Canadian clients, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period.

Description: Percentage of enterprises that owned any of intellectual property assets in Canada or outside of Canada, by North American Industry Classification System (NAICS) and enterprise size. Intellectual property assets include patents, trademarks, industrial design, trade secrets, copyrights, non-disclosure agreements, and other types of intellectual property.

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.

Description: The participation of women-owned businesses in exports is important for policies aiming to ensure that the benefits of international trade reach all groups. Women-owned small and medium-sized enterprises (SMEs) in Canada are as likely to export as those owned by men, and their export intensity (exports as a share of total sales) was not significantly different. This article examines factors related to the exporting success of women-owned small and medium-sized enterprises in Canada.

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: The following presentation provides an overview of Canada’s integration into global supply chains, the steps being taking to fill knowledge gaps, and questions left to be resolved.

Description: This infographic focuses on product and business process innovation introduced by Canadian businesses during the 2020-2022 period, based on data from the 2022 Survey of Innovation and Business Strategy. It presents the rate of innovation among Canadian businesses, the most common obstacles to innovation reported by businesses, the prevalent types of intellectual property (IP) protection filed by innovation businesses that developed new products, and the role of government support for innovation.

Description: Businesses in Canada continue to face a variety of challenges in the new year. Business outcomes and challenges expected also vary across businesses owned by different populations. This article focuses on the expectations of one of these populations: majority women-owned businesses. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

Description: Immigrant-owned businesses were more likely to be affected by the COVID-19 pandemic than other businesses, as they were more concentrated in industries requiring in-person contact and were smaller in scale. To support businesses affected by the pandemic, the Government of Canada launched various COVID-19 liquidity support programs, including the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Commercial Rent Assistance (CECRA), the Canada Emergency Rent Subsidy (CERS) and the Canada Emergency Business Account (CEBA). These programs were designed to help affected businesses by partially covering their main expenses, such as wages, rent and property expenses.

Description: This article provides a profile of official language minority owned businesses who received federal business innovation and growth support to better understand their demographics and business characteristics, including the age and gender of the owners, the business size and its revenues, the geography of operations, the level of support received, and the distribution of businesses across industries.

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: Rural Canada Non-Profits (RCNP) is a database that provides estimates of Non-Profit Organization (NPO) counts, total revenue and total employment in Canada. This document presents the data sources, methods and classification concepts used in the production of the RCNP.

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The North American Product Classification System (NAPCS) is the departmental standard for the classification of products (goods and services). The classification is a joint project of the national statistical agencies of Canada, Mexico and the United States. NAPCS is used to produce product statistics on a variety of topics, including the value of outputs of industries, the consumption by businesses and households, the value of imports and exports, and the movement of industrial and raw material prices. NAPCS Canada comprises definitions for all categories that include a descriptive text, as well as illustrative examples, inclusions and exclusions where appropriate.

Email: statcan.csds-standardsproducts-cnsd-normesproduits.statcan@statcan.gc.ca

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The mandate of the Analytical Studies Branch (ASB) is to provide high-quality, relevant and timely information on economic, health and social issues that are important to Canadians. The branch strategically makes use of expert knowledge and a large range of statistical sources to describe, draw inferences from, and make objective and scientifically supported deductions about the evolving nature of the Canadian economy and society. Research questions are addressed by applying leading-edge methods, including microsimulation and predictive analytics using a range of linked and integrated administrative and survey data. In supporting greater access to data, ASB linked data are made available to external researchers and policy makers to support evidence-based decision making. Research results are disseminated by the branch using a range of mediums (i.e., research papers, studies, infographics, videos, and blogs) to meet user needs. The branch also provides analytical support and training, feedback, and quality assurance to the wide range of programs within and outside Statistics Canada.

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The Chart of Accounts comprises a balance sheet, an income statement and selected other accounts. The balance sheet provides information on the financial position of a business. The income statement provides information on the performance of a business. The elements of the balance sheet are assets, liabilities and equity. The elements of the income statement are revenues; expenses; gains/losses, corporate taxes and other items; and extraordinary gains/losses, non-recurring items and adjustments.

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This paper provides an overview of the productivity program at Statistics Canada and a brief description of Canada's productivity performance. The paper defines productivity and the various measures that are used to investigate different aspects of productivity growth. It describes the difference between partial productivity measures (such as labour productivity) and a more complete measure (multifactor productivity) and the advantages and disadvantages of each. The paper explains why productivity is important. It outlines how productivity growth fits into the growth accounting framework and how this framework is used to examine the various sources of economic growth. The paper briefly discusses the challenges that face statisticians in measuring productivity growth. It also provides an overview of Canada's long-term productivity performance and compares Canada to the United States - both in terms of productivity levels and productivity growth rates.

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This newsletter is a brief description of projects within the Business and Labour Market Analysis Division of Statistics Canada. The research covers a wide range of topics including labour market issues, low income, immigration, business firm dynamics, pensions, productivity, technology and innovation, as well as economic geography.

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This product contains presentations done at Statistics Canada's annual Economic Conference which provides a forum for the exchange of empirical research among the business, government, research and labour communities. The conference is also a means to promote economic and socio-economic analysis while subjecting existing data to critical assessment as part of an ongoing process of statistical development and review.

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This activity is designed to show students some of the changes affecting Prairie agriculture over the past 100 years, and how Prairie farmers have adapted to them.

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This paper discusses the approach that Statistics Canada has taken to improve the quality of annual business surveys through their integration in the Unified Enterprise Survey (UES). The primary objective of the UES is to measure the final annual sales of goods and services accurately by province, in sufficient detail and in a timely manner.

This paper describes the methodological approaches that the UES has used to improve financial and commodity data quality in four broad areas. These include improved coherence of the data collected from different levels of the enterprise, better coverage of industries, better depth of information (in the sense of more content detail and estimates for more detailed domains) and better consistency of the concepts and methods across industries.

The approach, in achieving quality, has been to (a) establish a base measure of the quality of the business survey program prior to the UES, (b) measure the annual data quality of the UES, and (c) carry out specific studies to better understand the quality of UES data and methods.

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The purpose of this paper is to provide some general background and describe the methodology of the pilot year Unified Enterprise Survey (UES). It also illustrates the role of the Unified Enterprise Survey Program (UESP) within The Project to Improve Provincial Economic Statistics (PIPES) program. This information package is targeted toward external clients, for example the Provincial Focal Points, enabling them to assess future data releases planned by industry sector. The scope of this information package will be expanded as subsequent data releases over the next six months or so provide more industry specific details for the seven new pilot industries included in the 1997 UES. This document is approximately twenty-two pages in length and is to be offered at no charge to callers requesting information on the UES.