Economic impacts of COVID-19

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  • Articles and reports: 13-605-X202100100003
    Description:

    COVID-19's impact on the economy was far reaching. Canadian businesses borrowed money form multiple sources to help guide them through the pandemic. Using data derived from the National Economic Accounts Division, Bank of Canada, and International Accounts and Trade Division this paper examines trends observed in the business debt financing market leading up to and during the COVID-19 pandemic.

    Release date: 2021-07-26

  • Stats in brief: 11-001-X202120730803
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2021-07-26

  • Stats in brief: 11-001-X202114827963
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2021-05-28

  • Articles and reports: 13-605-X202000100006
    Description:

    This study of data from the Distributions of Household Economic Accounts compares households' economic well-being from a macro-economic accounts perspective, as measured by net saving and net worth for each generation when the major income earner for a household in one generation reached the same point in the life cycle as the major income earner for a household in another generation. The study finds that while younger generations have higher disposable income and higher consumption expenditure than older generations when they reached the same age, their net saving is relatively similar. As well, younger generations' economic well-being may be more at risk due to the COVID-19 pandemic since they depend more on employment as a primary source of income, they have higher debt relative to income, and they have less equity in financial and real estate assets from which to draw upon when needed.

    Release date: 2020-12-10
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  • Articles and reports: 13-605-X202100100003
    Description:

    COVID-19's impact on the economy was far reaching. Canadian businesses borrowed money form multiple sources to help guide them through the pandemic. Using data derived from the National Economic Accounts Division, Bank of Canada, and International Accounts and Trade Division this paper examines trends observed in the business debt financing market leading up to and during the COVID-19 pandemic.

    Release date: 2021-07-26

  • Stats in brief: 11-001-X202120730803
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2021-07-26

  • Stats in brief: 11-001-X202114827963
    Description: Release published in The Daily – Statistics Canada’s official release bulletin
    Release date: 2021-05-28

  • Articles and reports: 13-605-X202000100006
    Description:

    This study of data from the Distributions of Household Economic Accounts compares households' economic well-being from a macro-economic accounts perspective, as measured by net saving and net worth for each generation when the major income earner for a household in one generation reached the same point in the life cycle as the major income earner for a household in another generation. The study finds that while younger generations have higher disposable income and higher consumption expenditure than older generations when they reached the same age, their net saving is relatively similar. As well, younger generations' economic well-being may be more at risk due to the COVID-19 pandemic since they depend more on employment as a primary source of income, they have higher debt relative to income, and they have less equity in financial and real estate assets from which to draw upon when needed.

    Release date: 2020-12-10
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