The Daily Monday, January 30, 2023
Monthly estimates of business openings and closures, October 2022
In October 2022, the number of active businesses declined by 0.3% (-2,563), following three months of no growth or negative growth. Excluding the beginning of 2020 with the onset of the COVID-19 pandemic, this was the first time on record that the number of active businesses did not post positive growth for four consecutive months. The contraction of the number of active businesses in October 2022 was due to the decline in the opening rate from 4.6% in September to 4.2% in October, combined with the slight increase of 0.1 percentage points in the closure rate (4.8%).
Repair and maintenance services subsector, 2021
Businesses in the repair and maintenance services subsector generated $34.3 billion in operating revenue in 2021, an increase of 8.2% from 2020. Operating expenses rose 7.6% to $31.1 billion. The profit margin increased from 8.8% in 2020 to 9.3% in 2021.
Socioeconomic outcomes of immigrants admitted to Canada as children, 2021
The Longitudinal Immigration Database (IMDB) team is pleased to announce the release of the 2021 IMDB children data module.
Production and disposition of tobacco products, December 2022
Canadian manufacturers produced 766 million cigarettes in December 2022, down 45.1% from November 2022. Cigarette production was 26.7% lower compared with December 2021.
Labour Force Survey: Revisions, 1987 to 2022
Revised Labour Force Survey (LFS) data for the period from 1987 to 2022 are now available. The purpose of this revision is threefold: