Analysis

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

Description: This study delves into the contributing claims and cost factors that have impacted the premiums consumers pay for auto insurance and the financial pressures insurers face. The engine type, brand name, and location of the vehicle have contributed, in addition to the overall rising cost of repairs, parts, and the vehicles themselves. Coverage types, and provincial regulation have also impacted both insurers and consumers alike, disproportionally impacting certain provinces. Claims severity impacted by the aforementioned as well as thefts and extreme weather, have contributed to the fact that owning a vehicle and insuring a vehicle has become more costly since 2020.

Description: This analysis is divided into three sections. Section 1 looks at the principal components of non-mortgage loans, while section 2 looks at mortgage loans and the breakdown of insured and uninsured mortgages. Section 3 looks at both mortgage and non-mortgage loans and highlights indicators related to household indebtedness and financial stability.

Description: This paper looks at how extreme weather claims have impacted the insurance industry in Canada from 2020 to 2023. A specific focus is given to homeowners insurance, which during this time, homeowners insurance consumer price index exceeded all items inflation. Insurer profitability and consumer impacts are analyzed given the significant uptick in catastrophic claims. All four years analyzed ranked in the top 10 most costly claims years in Canadian history, costing billions each year. In addition, other contributing factors are explored to provide a robust overview of trends in profitability of the insurance industry.

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

Description: This paper looks at how profitability has evolved for key Canadian industries from 2017 to 2022. A specific focus is given to the post-lockdown period between the second quarters of 2021 and 2022, during which year-over-year inflation exceeded the Bank of Canada’s inflation-control target range ceiling of 3%. In addition to industry-wide trends, energy and food sectors are analyzed given their day-to-day relevance for Canadians.

Description:

This article examines the changes in the number of companies that filed under the Bankruptcy and Insolvency Act and the Corporations' Creditors Arrangement Act from 2006 to the third quarter of 2020. The analysis highlights the number of firms filing for creditor protection, as well as the financial position of these firms before the onset of the pandemic.

Description:

Using data from Quarterly Financial Statistics (QFS) for Enterprises and National Balance Sheet Accounts (NBSA), this article examines the indebtedness and liquidity position of Canadian non-financial corporations from 1961 to 2009. Recent trends in these two financial indicators are also presented by industry.

Description:

This paper uses statistical information to begin to shed light on the outcomes and impacts of information and communications technology (ICT). Some of the expected outcomes associated with ICT are presented, while factual evidence is used to demonstrate that these outcomes have so far not materialized. The paperless office is the office that never happened, with consumption of paper at an all-time high and the business of transporting paper thriving. Professional travel has most likely increased during a period when the Internet and videoconferencing technology were taking-off; and, e-commerce sales do not justify recent fears of negative consequences on retail employment and real estate. The paper further demonstrates that some of the key outcomes of ICTs are manifested in changing behavioural patterns, including communication and spending patterns.

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

Description: This paper looks at how extreme weather claims have impacted the insurance industry in Canada from 2020 to 2023. A specific focus is given to homeowners insurance, which during this time, homeowners insurance consumer price index exceeded all items inflation. Insurer profitability and consumer impacts are analyzed given the significant uptick in catastrophic claims. All four years analyzed ranked in the top 10 most costly claims years in Canadian history, costing billions each year. In addition, other contributing factors are explored to provide a robust overview of trends in profitability of the insurance industry.

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

Description:

This article examines the changes in the number of companies that filed under the Bankruptcy and Insolvency Act and the Corporations' Creditors Arrangement Act from 2006 to the third quarter of 2020. The analysis highlights the number of firms filing for creditor protection, as well as the financial position of these firms before the onset of the pandemic.

Description: This study delves into the contributing claims and cost factors that have impacted the premiums consumers pay for auto insurance and the financial pressures insurers face. The engine type, brand name, and location of the vehicle have contributed, in addition to the overall rising cost of repairs, parts, and the vehicles themselves. Coverage types, and provincial regulation have also impacted both insurers and consumers alike, disproportionally impacting certain provinces. Claims severity impacted by the aforementioned as well as thefts and extreme weather, have contributed to the fact that owning a vehicle and insuring a vehicle has become more costly since 2020.

Description: This analysis is divided into three sections. Section 1 looks at the principal components of non-mortgage loans, while section 2 looks at mortgage loans and the breakdown of insured and uninsured mortgages. Section 3 looks at both mortgage and non-mortgage loans and highlights indicators related to household indebtedness and financial stability.

Description: This paper looks at how profitability has evolved for key Canadian industries from 2017 to 2022. A specific focus is given to the post-lockdown period between the second quarters of 2021 and 2022, during which year-over-year inflation exceeded the Bank of Canada’s inflation-control target range ceiling of 3%. In addition to industry-wide trends, energy and food sectors are analyzed given their day-to-day relevance for Canadians.

Description:

Using data from Quarterly Financial Statistics (QFS) for Enterprises and National Balance Sheet Accounts (NBSA), this article examines the indebtedness and liquidity position of Canadian non-financial corporations from 1961 to 2009. Recent trends in these two financial indicators are also presented by industry.

Description:

This paper uses statistical information to begin to shed light on the outcomes and impacts of information and communications technology (ICT). Some of the expected outcomes associated with ICT are presented, while factual evidence is used to demonstrate that these outcomes have so far not materialized. The paperless office is the office that never happened, with consumption of paper at an all-time high and the business of transporting paper thriving. Professional travel has most likely increased during a period when the Internet and videoconferencing technology were taking-off; and, e-commerce sales do not justify recent fears of negative consequences on retail employment and real estate. The paper further demonstrates that some of the key outcomes of ICTs are manifested in changing behavioural patterns, including communication and spending patterns.