The Business and Community Newsletter – November 2024
Release date: November 21, 2024
Features
Distributions of household economic accounts for income, consumption, saving and wealth of Canadian households, second quarter 2024
Economically vulnerable households—those with lower incomes, those with less wealth, and those in younger age groups—continue to struggle to maintain their financial well-being relative to other households amid persistently high interest rates and housing cost pressures
Canadian international merchandise trade, September 2024
In September, Canada's merchandise exports decreased 0.1%, while imports fell 0.4%. Consequently, Canada's merchandise trade deficit with the world narrowed from $1.5 billion in August to $1.3 billion in September.
Families with young children: A sociodemographic profile
This study describes the characteristics of families with at least one child aged 5 years or younger, including the sociodemographic characteristics of the parents of young children.
Opportunities of working remotely in rural labour markets: Small area estimation from the Canadian Survey on Business Conditions, first to third quarter of 2024
New data on remote work opportunities in rural labour markets are now available, covering the first to third quarters of 2024, by sector (goods and services) and for all rural labour markets across Canada. The data are based on self-contained labour areas (SLAs), a geographic concept that defines rural functional areas based on commuting flows.
Financial performance data, 2023
Financial performance data for businesses in Canada with $30,000 to $5,000,000 in 2023 revenues inclusively and with $5,000,001 to $20,000,000 in 2023 revenues inclusively are now available upon request.
Labour Force Survey, October 2024
Highlights
Employment was little changed in October (+15,000; +0.1%) and the employment rate fell 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 6.5%.
Employment rose by 25,000 (+1.8%) in October among male youth aged 15 to 24, while it fell among women aged 55 and older (-15,000; -0.8%). There was little change in employment for men and women across the other major age groups.
There were more people employed in business, building and other support services (+29,000; +4.2%) in the month, and fewer people employed in finance, insurance, real estate, rental and leasing (-13,000; -0.9%) as well as public administration (-8,700; -0.7%).
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!
Canadians with learning, developmental and memory disabilities, 2022
According to the 2022 Canadian Survey on Disability (CSD), more than one in four (27%) Canadians aged 15 and older, or 8.0 million people, had one or more disabilities that limited them in their daily activities. This population includes persons with various disability types, and many with more than one type. Disaggregating data by disability type can provide information specific to the experiences of Canadians with different disability types.
Amusement and recreation industry, 2023
Businesses in the amusement and recreation subsector reported a 15.2% increase in operating revenue, earning $15.6 billion in 2023. This marked the third consecutive year of growth for the subsector, as demand for in-person recreational activities has remained elevated following the initial shock of the COVID-19 pandemic in 2020.
Real-time local business conditions, October 28 to November 3, 2024
Weekly data on real-time local business conditions are now available for October 28 to November 3, 2024.
Did you know…
Disaggregated Data Action Plan (DDAP) road trip
Data is only useful if the people that need it the most are able to do something with it. In 2021, Statistics Canada was allocated funding to implement a Disaggregated Data Action Plan (DDAP) to collect, analyze, and disseminate disaggregated data to support four employment equity groups: women, Indigenous peoples, racialized populations, and persons with disabilities. Through this initiative, Statistics Canada has made significant strides in enhancing collection strategies to expand data holdings; however, the vulnerable populations that this data is supposed to help often face barriers to accessing and utilizing this data that could significantly impact their socioeconomic well-being. Members of these four employment equity groups frequently lack the resources, skills, and support necessary to access, interpret, and leverage such data effectively. One of the key elements of the Disaggregated Data Action Plan is to enhance engagement and communication. With this in mind, Data Ambassadors in the Eastern Region, Patricia Griffith (Nova Scotia) and Thérèse Nguyen (Quebec), will be making in person visits to selected organizations over the next few months to collaborate with them to be able to provide the training needed to understand and utilize data to advocate for their needs, influence policy decisions, and drive change. Look for them in Halifax, Truro, Saint John, Charlottetown, St Johns, Sherbrooke, Trois-Rivières, Saguenay and Québec!
Meet the Data Scientist!
The Data Science Network is excited to invite you to our virtual series, "Meet the Data Scientist." This event offers a unique opportunity for our readers to engage with the authors of our recently republished articles.
Join us on Tuesday, December 3rd at 1:30 PM ET to meet Saptarshi Dutta Gupta and David Chiumera. They will discuss their work, answer your burning questions, and share insights into their recent projects.
This event is open to all members of the public. Don't miss out, register now to secure your spot!
We look forward to seeing you there!
StatsCAN Plus
Visit StatsCAN Plus for the most recent data stories:
Podcasts
Eh Sayers Episode 21 - Is AI Coming for Your Job?
AI is here and it's here to stay. Apps like ChatGPT are now allowing us to perform complex tasks with the click of a button.
As we begin to use these new versions of AI, our jobs are destined to change. So, what will an average day of work look like a decade from now? Which jobs will AI impact the most? And is AI coming to replace our jobs altogether?
In this episode, we sat down with AI expert Tahsin Mehdi, an economist in the social analysis and modeling division of Statistics Canada, to answer our questions about how AI will transform our work lives in Canada.
Workshop series
Workshop - Statistics Canada's Supply-Use Framework
Description:
This workshop provides an overview of Statistics Canada's Supply and Use Tables (formally referred to as the Input-Output Tables) and derived products such as GDP or value-added by industry, the Input-Output multipliers and the Input-Output economic impact model. The presentation is geared towards those who are using, interested in using, or want to have a greater understanding of these products. It is advised that the participants have a general knowledge of macroeconomic concepts such as Gross Domestic Product (GDP), international and interprovincial trade, investments (gross fixed capital formation) and household consumption.
Registration information:
English and French workshop dates are available from November 2024 to March 2025. For more information and to register for a session, please visit Workshop – Statistics Canada's Supply-Use Framework P0001099
Cost:
$550 per learner
Early Registration (At least 3 weeks before): $500 per learner
Webinar – Introduction to Market Research
Description:
This webinar will provide you with an overview of different Statistics Canada data sets you can access when conducting your market research. It will help you find information on the following 3 topics: getting to know your target market (demographic and household spending data, etc.), understanding your industry (industry classification, financial indicators, etc.) and finding trade data (import/export data, retail/wholesale trade, e-commerce, etc.).
English webinar:
Infographics
Latin American immigration to Canada
Using Census data from 1996 to 2021, this infographic provides data trends on the size of the Latin American immigrant population in Canada, as well as data on admission categories, disaggregated by countries of birth and by Census year.
Non-financial co-operatives in Canada, 2022
This infographic uses administrative tax data to provide a visual representation of non-financial co-operatives in Canada in 2022. Presented data includes counts of co-operatives at the national and provincial levels, as well as financial and employment statistics.
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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