Statistics Canada posted data on the impact of cybercrime on Canadian businesses, 2023. While digitalization and a growing online presence have created many new opportunities for Canadian businesses, they have also exposed businesses to new cyber security risks. In 2023, total spending on recovery from cyber security incidents doubled from 2021, demonstrating the growing importance … Read more
Statistics Canada posted data on th monthly credit aggregates, August 2024. In August, the total credit liabilities of households rose 0.3 per cent (+$7.7 billion) to reach $2,982.7 billion. Real estate secured debt, composed of both mortgage debt and home equity lines of credit, grew 0.3 per cent (+$7.0 billion). Household mortgage debt increased 3.8 per … Read more
Statistics Canada issued data on Canada’s international transactions in securities which showed that Canadian investors increased their exposure to foreign securities by $12.3 billion in August, primarily to U.S. stocks. At the same time, foreign investors acquired $10.0 billion of Canadian securities. The data is available online. Statistics Canada released a report on construction showing that investment in … Read more
Statistics Canada issued data showing that total manufacturing sales declined 1.3% in August, largely on lower sales of primary metals as well as petroleum and coal products. The full statement is available online. Statistics Canada released a health report showing that in 2017, 9.6% of households had experienced some level of food insecurity in the previous … Read more
Statistics Canada posted the Consumer Price Index (CPI), September 2024. The CPI rose 1.6% on a year-over-year basis in September, down from a 2.0% gain in August. This was the smallest yearly increase since February 2021. The full release is available online. Statistics Canada posted data on Wholesale trade, August 2024. Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons … Read more
Statistics Canada published results from its Labour Force Survey, September 2024. Employment rose by 47,000 (+0.2 per cent) in September while the employment rate declined 0.1 percentage points to 60.7 per cent. The unemployment rate fell 0.1 percentage points to 6.5 per cent. The full statement is available online. Statistics Canada released data on building permits, August … Read more
Statistics Canada posted data on the 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 … Read more
Statistics Canada posted data on foreign control in the Canadian economy, 2022. The foreign-controlled share of assets in Canada was 14.7 per cent in 2022. The full release is available online. Statistics Canada issued data on trade of culture and sport products, 2022. In 2022, Canada’s exports and imports of culture goods and services continued to grow, … Read more
Statistics Canada posted data onCanadian international merchandise trade, August 2024. In August, Canada’s merchandise exports fell 1.0 per cent, while imports edged up 0.3 per cent. Consequently, Canada’s merchandise trade balance with the world widened from a revised deficit of $287 million in July to a deficit of $1.1 billion in August. The full release is … Read more
Statistics Canada in collaboration with Innovation, Science and Economic Development Canada published a study titled “Assessing the economic impact of Accelerated Growth Service program participants, 2017 to 2019,” which examines the economic impact of the advisory services provided by the Accelerated Growth Service (AGS) to small and medium-sized businesses. The full release is available online.
