Business performance and ownership

Description:

This paper investigates the dynamics of job reallocation in the manufacturing sector of Canada. It does so by examining the pattern and magnitude of job gain, job loss, and total job turnover due to growth and decline of some firms, and entry and exit of other firms. It also investigates how the effect of cyclical as opposed to structural influences on job turnover have changed over time. Finally, the paper investigates whether the pattern and magnitude of job turnover differ across industries and across regions, and whether the differences are either caused by differences in cyclical sensitivity of job creation and job destruction or in the extent to which restructuring is taking place.

Description:

This paper examines the maturation process of firms that enter an industry by constructing new plant and investigates the extent to which improvements in the performance of an entry cohort are the result of a selection process that culls out the most inefficient entrants or of a learning process that allows survivors to improve their performance relative to incumbent firms. Both selection and evolutionary learning are related to post-entry performance. Despite the difference in the effect of selection and learning on the amount of post-entry growth, selection per se is a more important contributor to overall growth of a cohort.

Description:

This study examines the characteristics of small and medium-sized firms that perform training. It uses data taken from a recent Statistics Canada survey that permit firms' training decisions to be analyzed within the broader context of their many activities and strategies.

The study finds strong evidence for the hypothesis that human capital development facilitated by training is complementary to innovation and technological change. Training incidence is found to be closely related to the importance that a firm gives to research and development, the use of new technologies, and numerous other strategies that are related to innovation. Training is also greater where a firm emphasizes quality and a comprehensive human-resource strategy. The results point to the inherent complementarity of technology and human resources policy.

Description:

This study investigates differences in the policies being pursued by innovative and non-innovative firms. It focuses on a broad group of strategies -- in marketing, finance, production, management and human resources and asks whether there are key areas in which the strategies being followed by innovative and non-innovative firms differ. It also asks how the activities of firms in each of these areas differs. Finally, it compares the performance of innovative and non-innovative firms. The study finds that innovative firms place a greater emphasis on management, human resources, marketing, financing, government programs and services, and production efficiencies. In most of these areas, innovative firms pursue activities more intensively. Finally, innovative firms are more successful than non-innovative firms.

Description:

This study examines the differences in strategies and activities pursued by a sample of more-successful and less-successful group of growing small- and medium-sized enterprises. Amongst other matters, it examines different functional strategies -- the importance of management, human resource practices, marketing, financing, and the innovativeness of the firm. Innovative activities are the most important determinants of success; that is, for a wide range of industries, they serve to discriminate between the more- and the less-successful firms better than any other variable. Almost all of the strategy questions that relate to innovative activity receive higher scores from the more-successful group of firms than from the less-successful group of firms. This is also the case for innovative activities -- whether a firm possesses an R&D unit, its expenditure on R&D relative to total investment, and its R&D-to-sales ratio.

Description:

This paper uses job turnover data to compare how job creation, job destruction and net job change differ for small and large establishments in the Canadian manufacturing sector. It uses several different techniques to correct for the regression-to-the-mean problem that, it has been suggested, might incorrectly lead to the conclusion that small establishments create a disproportionate number of new jobs. It finds that net job creation for smaller establishments is greater than that of large establishments after such changes are made. The paper also compares the importance of small and large establishments in the manufacturing sectors of Canada and the United States. The Canadian manufacturing sector is shown to have both a larger proportion of employment in smaller establishments but also to have a small establishment sector that is growing in importance relative to that of the United States.

Description:

The statistical observation that small firms have created the majority of new jobs during the 1980s has had a tremendous influence on public policy. Governmentshave looked to the small firm sector for employment growth, and have promoted policies to augment this expansion. However, recent research in the US suggeststhat net job creation in the small firm sector may have been overestimated, relative to that in large firms. This paper addresses various measurement issues raised inthe recent research, and uses a very unique Canadian longitudinal data set that encompasses all companies in the Canadian economy to reassess the issue of jobcreation by firm size. We conclude that over the 1978-92 period, for both the entire Canadian economy and the manufacturing sector, the growth rate of (net)employment decreases monotonically as the size of firm increases, no matter which method of sizing firms is used. The small firm sector has accounted for adisproportionate share of both gross job gains and job losses, and in that aggregate, accounted for a disproportionate share of the employment increase over theperiod. Measurement does matter, however, as the magnitude of the difference in the growth rates of small and large firms is very sensitive to the measurementapproaches used. The paper also produces results for various industrial sectors, asks whether the more rapid growth in industries with a high proportion of smallfirms is responsible for the findings at the all-economy level, and examines employment growth in existing small and large firms (ie excluding births). It is found thatemployment growth in the population of existing small and large firms is very similar.

Description:

Changing economic conditions affect some industries more than others.

Description:

Government transfer payments can add another dimension to judging regional economic performance. This article looks at sub-provincial areas and the effect of transfer payments to lessen economic inequality in these areas.

Description: The Business Register (BR) is Statistics Canada's continuously-maintained central repository of baseline information on businesses and institutions operating in Canada. As a statistical register, it provides listings of units and related attributes required for survey sampling frames, data integration, stratification and business demographic statistics. The BR is a major pillar of the agency's business statistics programs, including the Census of Agriculture.

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 6 series, with data starting from 1951 (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 items: Canada ...), Type of reserve (6 items: Convertible foreign currencies; other than United States; Total; Canada's official international reserves; Gold; Convertible foreign currencies; United States dollars ...).

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; ...).

Description:

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; ...).

Description:

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.

Description: This table contains 8 series, with data starting from 1992 (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 (8 items: Bank rate; Treasury bill auction - average yields: 3 month; Treasury bill auction - average yields: 6 month; Treasury bill auction - average yields: 1 year; ...).

Description: This table contains 107 series, with data starting from 1946 (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 items: Canada ...), Government of Canada direct securities and loans (107 items: Classification by type of issue; total outstanding; Total; direct securities outstanding; Treasury Bills; Guaranteed securities ...).

Description:

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, monthly average; Brazilian real, monthly average; Chinese renminbi, monthly average; European euro, monthly average; ...).

Description:

This table contains 94 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 (2 items: Canadian dollar; Foreign currency);  Type of loans (65 items: Total, loans; Other loans; Factored receivables; Leasing receivables; ...).

Description: This table contains 71 series, with data starting from 1934 (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 items: Canada ...), Rates (71 items: Bank rate; last Tuesday or last Thursday; Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate ...).

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

Description: From the beginning of July to early August 2023, Statistics Canada conducted the Canadian Survey on Business Conditions to better understand the current environment that businesses in Canada are operating in and their expectations moving forward. Part of the survey collected data from businesses in Canada who sold or purchased goods or services across provincial and territorial borders and the obstacles they faced when conducting interprovincial trade. The reasons behind businesses deciding not to purchase or sell goods or services across provincial and territorial borders were also captured in this iteration. The key findings are presented in this article.

Description: This infographic provides a portrait of Black-owned businesses operating in Canada based on region and the primary owner's immigration status, gender, and age. It also highlights the value and share of federal Business Innovation and Growth Support (BIGS) provided to Black-owned businesses in 2020.

Description: From the beginning of July to early August 2023, Statistics Canada conducted the Canadian Survey on Business Conditions to better understand the current environment that businesses in Canada are operating in and their expectations moving forward. Part of the survey collected data from businesses in Canada who sold or purchased goods or services across provincial and territorial borders and the obstacles they faced when conducting interprovincial trade. The reasons behind businesses deciding not to purchase or sell goods or services across provincial and territorial borders were also captured in this iteration. Some of the key findings are presented in this infographic.

Description: From the beginning of July to early August 2023, Statistics Canada conducted the Canadian Survey on Business Conditions to better understand the current environment that businesses in Canada are operating in and their expectations moving forward. This article provides insights on the payment methods accepted by businesses, what payment methods they plan to accept over the next 12 months, and the reasons why businesses do not accept certain payment methods.

Description: From July 4th to August 8th, 2023, Statistics Canada conducted the Canadian Survey on Business Conditions. The purpose of this survey is to collect information on businesses in Canada related to emerging issues. This infographic presents key results from this.

Description: Using data from the goods and services tax (GST) sales and payroll deduction (PD7) files, this study looks at preliminary revenue and salary and wage expense estimates for the culture, arts, entertainment and recreational services sectors in 2022. These sectors comprise businesses operating in the motion picture, sound recording, publishing, performing arts, spectator sports and related industries, as well as the amusement and recreation industries. This study provides information by industry on the return to life after the pandemic shutdowns in 2020 and partial closures and restrictions in 2021.

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

Description: This article examines the business conditions and expectations of rural businesses in Canada, with comparison to urban counterparts by industry for contextual support. Topics include business obstacles, expectations for the next year, workforce changes and other subjects from the Canadian Survey on Business Conditions, second quarter of 2023.

Description: In the past two years, Canada has experienced inflation rates that have not been seen in the past two decades. The rise of markups, i.e., price over marginal cost, can be one of the potential drivers or amplifiers of inflation. This study uses firm-level data to estimate markups in Canada's pre- and post-COVID.

Description: Credit unions are surveyed by a central organization within each province such as the department responsible for the administration of the credit Unions Acts or the central credit unions. These organizations, in turn, provide Statistics Canada either directly or through the central statistical department with quarterly aggregates on the financial activities of local credit unions under their jurisdiction.

Description: This annual survey provided aggregate balance sheet, income and expense, profit and retained earnings information for corporations classified by 182 industries.

Description: This annual survey provided statistics on corporate taxation including the provincial allocation of taxable income, reconciliation of book profit to taxable income, federal and provincial income taxes and selected capital cost allowances.

Description: These statistics are used in two broad ways. First they provide a measure of financial position and performance of incorporated businesses by industry aggregations. Second, they are used as the benchmark for the quarterly estimates of corporate profits in the Canadian System of National Accounts (CSNA).

Description: The data from this survey are useful in identifying long-term, industry trends in retail banking, corporate and institutional finance, electronic financial services, treasury and investment banking, and fiduciary services.

Description: Statistics Canada is conducting this survey to collect and to report aggregate information on the financing of businesses in Canada. The survey aims to measure flows of capital to business by industry and product line, as well as to observe biannual changes in credit conditions.

Description: This survey collects financial and operational data from the Canadian Level I and II air carriers.

Description: This survey collects financial and operational data from the Canadian Level I, II, III and IV air carriers.

Description: This survey collects quarterly financial and operating data for the statistical measurement and analysis of the telecommunications sub-sector. These data will be aggregated to produce national estimates of activity by industry.

Description: This survey collects financial and operating data for the statistical measurement and analysis of the telecommunications services sub-sector.