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- Articles and reports: 36-28-0001202500100002Description: Zombie firms are businesses that persistently perform poorly over time without exiting, and their prevalence has been rising over time across many advanced economies. They negatively impact economic growth as they tend to be unproductive and compete with other healthy firms for scarce resources. This article summarizes research by Statistics Canada, that examined zombie firm prevalence and their dynamics over the pandemic period, whether business supports helped to prop up zombie firms or encourage their survival, and their contribution to the decline in Canada’s productivity.Release date: 2025-01-22
- Articles and reports: 36-28-0001202400900003Description: Intangible investments—investments that do not have a physical form—have been rising in importance in terms of use. From 1976 to 2016, the growth of intangible investments was faster than the growth of tangible investments. This study compares the performance of businesses owned by women (majority or equal ownership) that patent with that of majority men-owned businesses and businesses where gender of ownership cannot be assigned.Release date: 2024-09-25
- Articles and reports: 36-28-0001202400600003Description: Businesses have faced numerous challenges since the beginning of the COVID-19 pandemic. Public health restrictions on business and personal activities aimed at stopping the spread of the virus were associated with a slowing of economic activity. This article examines how new businesses that entered after the beginning of the pandemic fared compared with previous entry cohorts.Release date: 2024-06-26
- Articles and reports: 36-28-0001202300600004Description: 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.Release date: 2023-06-28
- Articles and reports: 36-28-0001202300600005Description: The recent period of high inflation has prompted a number of studies examining its causes and consequences. Of particular interest if whether “greedflation”, the situation where businesses are taking the opportunity in a high inflationary environment to increase their prices above their underlying costs of production in order to garner higher profits. This article sheds light on this by investigating how labour costs (primarily wages and salaries), and non-labour costs (primarily returns to capital) are evolving relative to inflation.Release date: 2023-06-28
- Articles and reports: 36-28-0001202300300003Description: In Canada and other advanced economies, the share of zombie firms, defined as businesses that perform poorly over a long period of time without exiting, has been rising over the past few decades. Recent studies have shown that the share of zombie firms in Canada could potentially be the highest in the world. However, these studies for Canada are based only on publicly traded Canadian firms. This paper presents new evidence on zombification using not only publicly traded firms but also Canadian controlled private corporations, which make up a large proportion of businesses in Canada.Release date: 2023-03-22
- Articles and reports: 36-28-0001202300200001Description: Women play a key role in the Canadian economy as workers and entrepreneurs, and as providers of unpaid household work. Women are important contributors to the labour market. In this article, recent Statistics Canada research that focuses on improving our estimates of women’s contribution to the economy – through both paid and unpaid work – is summarized.Release date: 2023-02-22
- Articles and reports: 36-28-0001202300200003Description: This article examines the patenting activity of women-owned businesses and compares it to that of men- and equally-owned businesses, and businesses where gender of ownership cannot be determined. It adds to the literature on the gender gap in patenting, as most of it has focused on women as researchers or inventors, and not as business owners.Release date: 2023-02-22
- Articles and reports: 11-633-X2023001Description:
This paper provides an update to the work of Abbes et al. (2022a) and to the Canadian Patent Research Database (CPRD). The CPRD was created to study patenting, an important indicator of innovative activity, at the micro level.
Release date: 2023-01-12 - Articles and reports: 36-28-0001202201000002Description: Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total compensation per hour worked) has lagged behind labour productivity growth in recent years. It examines whether the result is sensitive to differences in the definition of real wages.Release date: 2022-10-27
Articles and reports (29)
Articles and reports (29) (0 to 10 of 29 results)
- Articles and reports: 36-28-0001202500100002Description: Zombie firms are businesses that persistently perform poorly over time without exiting, and their prevalence has been rising over time across many advanced economies. They negatively impact economic growth as they tend to be unproductive and compete with other healthy firms for scarce resources. This article summarizes research by Statistics Canada, that examined zombie firm prevalence and their dynamics over the pandemic period, whether business supports helped to prop up zombie firms or encourage their survival, and their contribution to the decline in Canada’s productivity.Release date: 2025-01-22
- Articles and reports: 36-28-0001202400900003Description: Intangible investments—investments that do not have a physical form—have been rising in importance in terms of use. From 1976 to 2016, the growth of intangible investments was faster than the growth of tangible investments. This study compares the performance of businesses owned by women (majority or equal ownership) that patent with that of majority men-owned businesses and businesses where gender of ownership cannot be assigned.Release date: 2024-09-25
- Articles and reports: 36-28-0001202400600003Description: Businesses have faced numerous challenges since the beginning of the COVID-19 pandemic. Public health restrictions on business and personal activities aimed at stopping the spread of the virus were associated with a slowing of economic activity. This article examines how new businesses that entered after the beginning of the pandemic fared compared with previous entry cohorts.Release date: 2024-06-26
- Articles and reports: 36-28-0001202300600004Description: 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.Release date: 2023-06-28
- Articles and reports: 36-28-0001202300600005Description: The recent period of high inflation has prompted a number of studies examining its causes and consequences. Of particular interest if whether “greedflation”, the situation where businesses are taking the opportunity in a high inflationary environment to increase their prices above their underlying costs of production in order to garner higher profits. This article sheds light on this by investigating how labour costs (primarily wages and salaries), and non-labour costs (primarily returns to capital) are evolving relative to inflation.Release date: 2023-06-28
- Articles and reports: 36-28-0001202300300003Description: In Canada and other advanced economies, the share of zombie firms, defined as businesses that perform poorly over a long period of time without exiting, has been rising over the past few decades. Recent studies have shown that the share of zombie firms in Canada could potentially be the highest in the world. However, these studies for Canada are based only on publicly traded Canadian firms. This paper presents new evidence on zombification using not only publicly traded firms but also Canadian controlled private corporations, which make up a large proportion of businesses in Canada.Release date: 2023-03-22
- Articles and reports: 36-28-0001202300200001Description: Women play a key role in the Canadian economy as workers and entrepreneurs, and as providers of unpaid household work. Women are important contributors to the labour market. In this article, recent Statistics Canada research that focuses on improving our estimates of women’s contribution to the economy – through both paid and unpaid work – is summarized.Release date: 2023-02-22
- Articles and reports: 36-28-0001202300200003Description: This article examines the patenting activity of women-owned businesses and compares it to that of men- and equally-owned businesses, and businesses where gender of ownership cannot be determined. It adds to the literature on the gender gap in patenting, as most of it has focused on women as researchers or inventors, and not as business owners.Release date: 2023-02-22
- Articles and reports: 11-633-X2023001Description:
This paper provides an update to the work of Abbes et al. (2022a) and to the Canadian Patent Research Database (CPRD). The CPRD was created to study patenting, an important indicator of innovative activity, at the micro level.
Release date: 2023-01-12 - Articles and reports: 36-28-0001202201000002Description: Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total compensation per hour worked) has lagged behind labour productivity growth in recent years. It examines whether the result is sensitive to differences in the definition of real wages.Release date: 2022-10-27