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  • Stats in brief: 45-28-0001202100100043
    Description:

    With the proportion of small businesses making up nearly all of the employer businesses in Canada, small businesses are an important role in employing Canadians and are a significant driver towards economic recovery. This article provides insights on the expectations of small businesses as well as the specific realities faced by these businesses in the fourth quarter of 2021. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

    Release date: 2022-01-06

  • Articles and reports: 36-28-0001202100700004
    Description:

    Using the monthly estimates of business openings and closures, this article examines new businesses (entrants) created during the pandemic and the associated employment. It compares business formation that took place in 2020 compared to the 2015 to 2019 period, and contrasts employment created by entrants to that of established businesses (incumbents) and employment destruction occurring from closing businesses and shrinking incumbents.

    Release date: 2021-07-28

  • Articles and reports: 36-28-0001202100600006
    Description:

    The purpose of this article is to provide information on how the Government of Canada’s Canada Emergency Wage Subsidy (CEWS) program has been used by employer businesses, how the usage differs by industry and business size, and characteristics of businesses who used the CEWS. This information can help Canadians better understand the impact of the COVID-19 health crisis on Canadian businesses and how businesses made use of government’s financial supports.

    Release date: 2021-06-23

  • Articles and reports: 11F0019M2018404
    Description:

    Using data from the 2011 and 2014 Survey on Financing and Growth of Small and Medium Enterprises, this paper examines access to financing by immigrant business owners. It documents the main financing sources of immigrant-owned and Canadian-owned small and medium-sized enterprises (SMEs).

    Release date: 2018-06-18

  • Articles and reports: 15-206-X2014033
    Description:

    This paper examines and compares labour productivity in Canada and the United States for small and large firms over the period from 2002 to 2008. It quantifies the relative importance of small and large firms in Canada and the United States and measures the relative productivity levels of small versus large firms.

    Small firms are relatively more important in the Canadian economy. Small firms are less productive than large firms in both countries. But the productivity disadvantage of small relative to large firms was higher in Canada.

    The paper provides an estimate of the impact that these differences have on the gap in productivity levels between Canada and the United States. It first estimates the changes that would occur in Canadian aggregate labour productivity if the share of hours worked of large firms in Canada was increased to the U.S. level. It then quantifies the impact of increasing the relative productivity of small to large firms in Canada up to the relative productivity ratio of small firms to large firms that existed in the United States.

    Together, decreasing the relative importance of small firms in the economy and increasing their relative productivity compared to large firms accounts for most of the gap in productivity levels between Canada and the United States in 2002. However, changes in the economy that occurred between 2002 and 2008 reduced the contribution of the small-firm sector to the gap in productivity levels.

    Release date: 2014-01-08

  • Articles and reports: 11F0027M2013087
    Geography: Canada
    Description:

    The topic of firm size and performance continues to spark the interest of researchers and policy-makers. Small and medium-sized enterprises receive much of the attention, as they have the potential to grow significantly. However, compared with their larger counterparts, these firms are more likely to fail and are therefore riskier.

    Is risk important in explaining differences in profitability across firm size classes? This study uses a longitudinal firm-level dataset to examine determinants of profitability by firm size, with an emphasis on risk, or the volatility in rates of return. It builds on previous research that found firms with 10 to 20 employees tend to be the most profitable.

    Release date: 2013-12-19

  • Articles and reports: 15-206-X2013032
    Description:

    This paper examines differences in labour productivity across small, medium- and large-sized enterprises in Canada.

    In 2008, the level of labour productivity, as measured by nominal gross domestic product per hour worked, in large businesses was greater than that for medium-sized and small businesses. This gap between large businesses relative to small and medium-sized businesses narrowed slightly during the post-2000 period. The paper also examines the impact of changes in industrial structure on labour productivity.

    Release date: 2013-08-26

  • Articles and reports: 11F0027M2012082
    Geography: Canada
    Description:

    This paper adds to our understanding of the contributions made to the economy by small, medium-sized, and large businesses in Canada. It does this by examining the shares of gross domestic product (GDP) produced by each of these size groups in the business sector.

    Previous studies relied predominately on employment, an input to the production process, rather than on a measure of output. This study overcomes this problem by focusing directly on GDP.

    Release date: 2012-12-07

  • Articles and reports: 11-626-X2012021
    Geography: Canada
    Description:

    This article in the Economic Insights series reports on the size distribution of Canadian firms compiled for the research paper Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008. The creation of estimates of gross domestic product by firm size is part of a program at Statistics Canada that examines the structure of the Canadian economy and its evolution.

    Release date: 2012-12-07

  • Articles and reports: 11-622-M2012026
    Geography: Canada
    Description:

    Are small firms more profitable than large firms? This paper uses a longitudinal firm-level dataset to explore the financial performance of firms across size classes, and across industries and provinces during the 2000-to-2009 period. It also examines the volatility of profitability across firm size classes.

    Release date: 2012-07-31
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Analysis (21) (0 to 10 of 21 results)

  • Stats in brief: 45-28-0001202100100043
    Description:

    With the proportion of small businesses making up nearly all of the employer businesses in Canada, small businesses are an important role in employing Canadians and are a significant driver towards economic recovery. This article provides insights on the expectations of small businesses as well as the specific realities faced by these businesses in the fourth quarter of 2021. It involves an examination of the data produced by the Canadian Survey on Business Conditions.

    Release date: 2022-01-06

  • Articles and reports: 36-28-0001202100700004
    Description:

    Using the monthly estimates of business openings and closures, this article examines new businesses (entrants) created during the pandemic and the associated employment. It compares business formation that took place in 2020 compared to the 2015 to 2019 period, and contrasts employment created by entrants to that of established businesses (incumbents) and employment destruction occurring from closing businesses and shrinking incumbents.

    Release date: 2021-07-28

  • Articles and reports: 36-28-0001202100600006
    Description:

    The purpose of this article is to provide information on how the Government of Canada’s Canada Emergency Wage Subsidy (CEWS) program has been used by employer businesses, how the usage differs by industry and business size, and characteristics of businesses who used the CEWS. This information can help Canadians better understand the impact of the COVID-19 health crisis on Canadian businesses and how businesses made use of government’s financial supports.

    Release date: 2021-06-23

  • Articles and reports: 11F0019M2018404
    Description:

    Using data from the 2011 and 2014 Survey on Financing and Growth of Small and Medium Enterprises, this paper examines access to financing by immigrant business owners. It documents the main financing sources of immigrant-owned and Canadian-owned small and medium-sized enterprises (SMEs).

    Release date: 2018-06-18

  • Articles and reports: 15-206-X2014033
    Description:

    This paper examines and compares labour productivity in Canada and the United States for small and large firms over the period from 2002 to 2008. It quantifies the relative importance of small and large firms in Canada and the United States and measures the relative productivity levels of small versus large firms.

    Small firms are relatively more important in the Canadian economy. Small firms are less productive than large firms in both countries. But the productivity disadvantage of small relative to large firms was higher in Canada.

    The paper provides an estimate of the impact that these differences have on the gap in productivity levels between Canada and the United States. It first estimates the changes that would occur in Canadian aggregate labour productivity if the share of hours worked of large firms in Canada was increased to the U.S. level. It then quantifies the impact of increasing the relative productivity of small to large firms in Canada up to the relative productivity ratio of small firms to large firms that existed in the United States.

    Together, decreasing the relative importance of small firms in the economy and increasing their relative productivity compared to large firms accounts for most of the gap in productivity levels between Canada and the United States in 2002. However, changes in the economy that occurred between 2002 and 2008 reduced the contribution of the small-firm sector to the gap in productivity levels.

    Release date: 2014-01-08

  • Articles and reports: 11F0027M2013087
    Geography: Canada
    Description:

    The topic of firm size and performance continues to spark the interest of researchers and policy-makers. Small and medium-sized enterprises receive much of the attention, as they have the potential to grow significantly. However, compared with their larger counterparts, these firms are more likely to fail and are therefore riskier.

    Is risk important in explaining differences in profitability across firm size classes? This study uses a longitudinal firm-level dataset to examine determinants of profitability by firm size, with an emphasis on risk, or the volatility in rates of return. It builds on previous research that found firms with 10 to 20 employees tend to be the most profitable.

    Release date: 2013-12-19

  • Articles and reports: 15-206-X2013032
    Description:

    This paper examines differences in labour productivity across small, medium- and large-sized enterprises in Canada.

    In 2008, the level of labour productivity, as measured by nominal gross domestic product per hour worked, in large businesses was greater than that for medium-sized and small businesses. This gap between large businesses relative to small and medium-sized businesses narrowed slightly during the post-2000 period. The paper also examines the impact of changes in industrial structure on labour productivity.

    Release date: 2013-08-26

  • Articles and reports: 11F0027M2012082
    Geography: Canada
    Description:

    This paper adds to our understanding of the contributions made to the economy by small, medium-sized, and large businesses in Canada. It does this by examining the shares of gross domestic product (GDP) produced by each of these size groups in the business sector.

    Previous studies relied predominately on employment, an input to the production process, rather than on a measure of output. This study overcomes this problem by focusing directly on GDP.

    Release date: 2012-12-07

  • Articles and reports: 11-626-X2012021
    Geography: Canada
    Description:

    This article in the Economic Insights series reports on the size distribution of Canadian firms compiled for the research paper Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008. The creation of estimates of gross domestic product by firm size is part of a program at Statistics Canada that examines the structure of the Canadian economy and its evolution.

    Release date: 2012-12-07

  • Articles and reports: 11-622-M2012026
    Geography: Canada
    Description:

    Are small firms more profitable than large firms? This paper uses a longitudinal firm-level dataset to explore the financial performance of firms across size classes, and across industries and provinces during the 2000-to-2009 period. It also examines the volatility of profitability across firm size classes.

    Release date: 2012-07-31
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