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  • Articles and reports: 63F0002X1995003
    Description:

    The funeral services industry touches, inevitably, on everyone's life. In Canada, this is reflected to a great degree by aspects of the industry's economic performance, as well as by the numerous regulations regarding public health and consumer protection. This paper draws from a number of sources to offer a wide-ranging picture of the industry and an outlook toward its future.The paper begins with an outline of the regulatory environment within which the Canadian funeral services industry operates. It then analyses its financial structure.

    The industry is characterized by above-average profitability and revenue growth, as well as by low rates of exit and entry and rather limited concentration. The section on industry prices illustrates the potential for deriving average funeral costs from aggregate industry data. This is followed by a brief exposition of market demand, which in this industry's context, is measured by the number of deaths. Demographic projections conclusively point to a robust economic outlook for funeral services, particularly in light of the ageing of the Canadian population.

    Release date: 1998-11-20

  • Articles and reports: 61-532-X19970013506
    Description:

    The economic system has adopted many institutions that intermediate between buyers and sellers. In commodity markets there are retailers and supermarkets; in the housing market there are real estate agents; in financial markets, there are depository institutions (commercial banks, savings and loans institutions, credit unions), contractual savings institutions (insurance companies and pension funds) and investment intermediaries (mutual funds, finance companies).

    Release date: 1998-02-02
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  • Articles and reports: 63F0002X1995003
    Description:

    The funeral services industry touches, inevitably, on everyone's life. In Canada, this is reflected to a great degree by aspects of the industry's economic performance, as well as by the numerous regulations regarding public health and consumer protection. This paper draws from a number of sources to offer a wide-ranging picture of the industry and an outlook toward its future.The paper begins with an outline of the regulatory environment within which the Canadian funeral services industry operates. It then analyses its financial structure.

    The industry is characterized by above-average profitability and revenue growth, as well as by low rates of exit and entry and rather limited concentration. The section on industry prices illustrates the potential for deriving average funeral costs from aggregate industry data. This is followed by a brief exposition of market demand, which in this industry's context, is measured by the number of deaths. Demographic projections conclusively point to a robust economic outlook for funeral services, particularly in light of the ageing of the Canadian population.

    Release date: 1998-11-20

  • Articles and reports: 61-532-X19970013506
    Description:

    The economic system has adopted many institutions that intermediate between buyers and sellers. In commodity markets there are retailers and supermarkets; in the housing market there are real estate agents; in financial markets, there are depository institutions (commercial banks, savings and loans institutions, credit unions), contractual savings institutions (insurance companies and pension funds) and investment intermediaries (mutual funds, finance companies).

    Release date: 1998-02-02
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