The Business and Community Newsletter – July 2024
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Release date: July 22, 2024
Features
Launch of the Rural and Small Town Canada Interactive Dashboards
Statistics Canada is launching a new suite of interactive dashboards on the Rural Canada Statistics portal in response to the growing call for granular and location-specific data.
The Rural and Small Town Canada Interactive Dashboards aim to offer comprehensive insights into the dynamic social, economic and environmental landscape of rural and small town (RST) Canada. This series includes five interactive dashboards focused on (1) the number and size of communities, (2) business counts, (3) business conditions, (4) trade, and (5) employment insurance beneficiaries.
Canadian Survey on Business Conditions, second quarter 2024
Real gross domestic product (GDP) rose 0.8% on a year-over-year basis in February. Consumer inflation has remained below the 3% mark in 2024, slowing to 2.7% on a year-over-year basis in April. Meanwhile, the unemployment rate was unchanged at 6.1% and up 1.0% year over year.
Real-time local business conditions, July 8 to 14, 2024
Weekly data on real-time local business conditions are now available for July 8 to 14, 2024. The Real-time Local Business Conditions Index is released as an experimental statistic to measure business activity in real time during the COVID-19 pandemic and beyond.
Distributions of household economic accounts for income, consumption, saving and wealth of Canadian households, first quarter 2024
Although income and wealth inequality widened in the first quarter of 2024, some economic well-being indicators for lower- and middle-income households as well as younger households less than 45 years old improved for the first time in three years.
Labour Force Survey June 2024
Employment was virtually unchanged in June (-1,400; -0.0%), and the employment rate fell 0.2 percentage points to 61.1%.
The unemployment rate increased 0.2 percentage points to 6.4% in June and has risen 1.3 percentage points since April 2023.
In June, employment fell among young men aged 15 to 24 (-13,000; -0.9%), while it increased for core-aged women (aged 25 to 54) (+19,000; +0.3%).
There were declines in the number of people working in transportation and warehousing (-12,000; -1.1%) as well as in public administration (-8,800; -0.7%) in June. At the same time, there were more people employed in accommodation and food services (+17,000; +1.5%) and in agriculture (+12,000; +5.5%).
Employment declined in Quebec (-18,000; -0.4%) in June, while it increased in New Brunswick (+3,000; +0.8%) and Newfoundland and Labrador (+2,600; +1.1%).
Total hours worked were down 0.4% in June. On a year-over-year basis, total hours worked were up 1.1%.
Average hourly wages among employees increased 5.4% in June on a year-over-year basis, following growth of 5.1% in May (not seasonally adjusted).
The employment rate for returning students aged 15 to 24 was 46.8% in June, down from 51.7% a year earlier (not seasonally adjusted).
StatsCan app
Prefer accessing data at your fingertips? Download the StatsCAN mobile app from Google Play or the App Store to tap into expert analysis, visuals and the latest statistical news right from the source!
Canada's population estimates, first quarter 2024
Canada's population surpassed 41 million people in the first quarter of 2024, to reach 41,012,563 on April 1, 2024. This milestone was reached less than one year after Statistics Canada announced that the population hit the 40 million mark, on June 16, 2023.
Quarterly financial statistics for enterprises, first quarter 2024
Canadian corporations reported an increase of $898 million (+0.6%) in net income before taxes (NIBT) in the first quarter of 2024, reaching $160.1 billion. This gain was driven by the financial sector (+4.9%) and was partially offset by the non-financial sector (-1.2%).
Consult the Quarterly Survey of Financial Statistics: Visualization Tool for a comprehensive overview of the quarterly changes in the financial performance of enterprises.
Quality of life indicators from the Canadian Social Survey, fourth quarter 2023 and first quarter 2024
New tables for three indicators in Canada's Quality of Life Framework—trust in others, trust in media, and discrimination and unfair treatment—are now available from the Canadian Social Survey (CSS) collected from October to December 2023 (fourth quarter of 2023) and January to March 2024 (first quarter of 2024).
Did you know…
Study: Experiences of self-employed workers in Canada, 2023
In 2023, an average of 2,652,600 people were self-employed, making up 13.2% of the employed population. The self-employed are a diverse group working in a variety of industries.
In the fourth quarter of 2023, more than 7 in 10 self-employed workers (71.9%) operated small businesses with no employees. Among those who did have employees, just over two-thirds (68.7%) had five or fewer. Close to half (46.2%) of self-employed workers ran unincorporated businesses. Further, most self-employed people had no partners (79.1%) or premises dedicated to their business activity (69.0%).
StatsCAN Plus
Visit StatsCAN Plus for the most recent data stories:
Podcasts
Listen to the Eh Sayers podcast to meet the people behind the data and explore the stories behind the numbers. Join us as we meet with experts from Statistics Canada and from across the nation to ask and answer the questions that matter to Canadians.
Eh Sayers Episode 18 - Why Food Inflation Is Such A Hard Nut To Crack
Are you feeling like it's a little bit harder to bring home the bacon... from the grocery store? The latest data indicate that food prices have mostly stabilized... but why does it feel like the cost of feeding your family is still going up? Today, we're talking food inflation with StatCan's resident smart cookie Taylor Mitchell.
Eh Sayers Episode 19 - It's Not Easy Bein' Green
We can try our best, but its not always easy knowing what's best for the environment. The world is complicated, and it isn't as simple as reduce, reuse, recycle—though that's a great place to start!
In the immortal words of Kermit the Frog, "It's not easy bein' green."
We have two stories exploring that theme. The first is one we made in-house asking just how green our digital world really is, and the second comes from the Simply Science podcast exploring the world of urban forests.
Workshop series
Statistics Canada is delighted to invite you to our upcoming workshops:
Workshop: Turning Statistics into Stories
Description:
Stories resonate with audiences while numbers alone may overwhelm. Join us for an introductory workshop that will help you to communicate the messages emerging from your data in a more effective manner. During this workshop, you will focus on your target audience, use statistics to present your story and put numbers into a context to help your audience understand your messages. Along the way you will learn some useful tips on how to use tables and graphs to illustrate your story.
Emphasis is placed on the following considerations:
- What is a data story?
- Constructing a data story — Audience and context
- Elements of a data story
- Packaging the data story — Putting the elements together
- Bringing it all together
Registration information: English and French workshop dates are available from September to November. For more information and to register for a session, please visit Workshop – Turning Statistics into Stories P0001044
Cost:
$325 per learner
Early registration (at least 3 weeks before): $300 per learner
Workshop: How to Use Census Data
Description:
Conducted every five years, the Census of Population is the most comprehensive source of data on the demographic, social and economic characteristics of Canadians.
The Census workshop is designed for those new to working with Census data or those who want to further develop their abilities in regards to working with Census concepts, methodology, geography and analysis.
The workshop material will explore the depth and breadth of data available and enhance participants' ability to use the 2021 Census resources effectively.
During this workshop, you will:
- Review methodology and questionnaire content
- Explore Census geographies
- Understand Census concepts and variables
- Learn how to use Census Program website tools
- Learn how to find and use Census data on the Statistics Canada website
This online workshop will be delivered over a two-day period.
Registration information: English and French workshop dates are available in October. For more information and to register for a session, please Workshop – How to Use Census Data P0001156
Cost:
$325 per learner
Early registration (at least 3 weeks before): $300 per learner
Statistics Canada strives to accommodate and make our services accessible to all people. If you have any accessibility requirements, please let us know when you register for a session.
These sessions are offered by the Data Service Centre. Some of the services we offer include:
- assisting data users with simple and complex data requests;
- offering standard and customized workshops for data users of different levels of expertise;
- engaging in outreach activities through webinars, newsletters and presentations.
If you have any questions about these sessions or the Data Service Centre, please feel free to contact us.
Infographics
South Asian immigration to Canada
Using Census data, this infographic provides data trends on the size of the South Asian population, as well admission categories, top source countries and an overview of the historical migration levels of selected South Asian populations.
Business conditions in Canada, second quarter of 2024
From April 2nd to May 6th, 2024, 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.
Contact us
Do you have questions or feedback? Contact us! Statistics Canada is committed to serving its clients in a prompt, reliable, courteous, and fair manner.
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