Real-time Local Business Conditions Index

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Experimental information

Statistics Canada has launched the Real-time Local Business Conditions Index as an experimental statistic to measure business activity in real time during the pandemic and beyond. The Index tracks business conditions in Abbotsford, Barrie, Calgary, Edmonton, Guelph, Halifax, Hamilton, Kanata, Kelowna, Kingston, Kitchener, London, Milton, Moncton, Montréal, Oshawa, Ottawa–Gatineau, Québec, Regina, Saskatoon, Sherbrooke, St. Catharines – Niagara Falls, St. John’s, Toronto, Trois-Rivières, Vancouver, Victoria, White Rock, Windsor, and Winnipeg.

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Data

The data used to create this interactive web application is from the following data table:

Additional information

Real-time Local Business Conditions Index: Concepts, data sources, and methodology

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How to use this application

The Real-time Local Business Conditions Index is still evolving and additional data sources are being tapped to better understand current business conditions in select cities. A rising index reflects improved business conditions in an urban centre, while a decline signals deteriorating business conditions.

The Index has three components, which combine alternative data sources with Statistics Canada data holdings. The first is a static component to measure the economic size of a business district at the local level; the second tracks operating conditions of the businesses in a given area; and the third measures the level of business activity in the area using road traffic data.

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Note of appreciation

Canada owes the success of its statistical system to a long-standing partnership between Statistics Canada, the citizens of Canada, its businesses, governments and other institutions. Accurate and timely statistical information could not be produced without their continued co-operation and goodwill.

Standards of service to the public

Statistics Canada is committed to serving its clients in a prompt, reliable and courteous manner. To this end, the Agency has developed standards of service which its employees observe in serving its clients.

Copyright

Published by authority of the Minister responsible for Statistics Canada.

© His Majesty the King in Right of Canada, as represented by the Minister of Industry,

Use of this publication is governed by the Statistics Canada Open Licence Agreement.

Catalogue no. 71-607-X

Ottawa

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