Business conditions in Canada, first quarter of 2024
Release date: February 26, 2024
![Infographic: Business conditions in Canada, first quarter of 2024](/pub/11-627-m/2024009/11-627-m2024009-eng.jpg)
Description: Business conditions in Canada, first quarter of 2024
Top obstacles expected by businesses over the next 3 months | Percentage of businesses |
---|---|
Rising inflation | 55.4% |
Rising cost of inputs | 43.7% |
Rising interest rates and debt-related costs | 41.0% |
Cost of insurance | 34.2% |
Rising costs in real estate, leasing or property taxes | 31.7% |
Percentage of businesses | Average percentage change in revenues | |
---|---|---|
Higher revenues | 37.3% | +23.7% |
Similar revenues | 33.4% | Note ...: Not applicable |
Lower revenues | 29.3% | -23.9% |
... not applicable |
Percentage of businesses | |
---|---|
Higher wages | 43.4% |
Similar wages | 45.1% |
Lower wages | 2.6% |
Unsure of changes to wages | 9.1% |
Women | Men | |
---|---|---|
Senior management positions | 37.4% | 62.6% |
All other management positions | 44.7% | 55.3% |
All other positions | 45.0% | 55.0% |
Source: Statistics Canada, Canadian Survey on Business Conditions, first quarter of 2024.
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