Entry, exit, mergers and growth
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All (14) (0 to 10 of 14 results)
- Articles and reports: 36-28-0001202301000005Description: The COVID-19 pandemic had a substantial impact on business dynamics, leading to the temporary or permanent closure of many businesses. Using a newly developed linked database, this paper presents trends in exits, insolvency proposals and bankruptcies across business and financial characteristics among corporations from 2004 to 2020.Release date: 2023-10-25
- Articles and reports: 36-28-0001202200200006Description:
The COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level evidence on the relationship between the usage of the CEWS programs and the survival and growth of businesses controlling for the pre-pandemic characteristics of businesses and where possible, their use of two other important programs, the Canada Emergency Business Account and the Canada Emergency Commercial Rental Assistance programs.
Release date: 2022-02-23 - Articles and reports: 36-28-0001202100300003Description: This article compares the characteristics of employer businesses that were closed by September 2020 and remained closed as of November 2020 to those that were active before the onset of the pandemic in February 2020. Characteristics related to the risk of closure are examined: businesses size, age, indebtedness, liquidity and profitability. Based on these characteristics, the risk of closure is estimated for each business.Release date: 2021-03-24
- Articles and reports: 11-626-X2020014Geography: Canada, Geographical region of CanadaDescription:
This article in the Economic Insights series presents monthly estimates of the number of business openings and closings, continuing businesses, and active businesses from January 2015 to April 2020. The estimates for businesses with employees are available for Canada, the provinces and territories, and census metropolitan areas. Where possible, industry information based on two-digit North American Industry Classification Systems codes are also presented. A business closing is defined as a firm that had employment in the previous month, but no employment in the current month.
Release date: 2020-08-05 - Articles and reports: 11F0019M2018407Description:
Entrepreneurial activity has long been argued as an important driver of innovation, job creation, and productivity growth. However, measuring entrepreneurial activity is not easy. Using a newly developed administrative database of firms and workers, the Canadian Employer–Employee Dynamics Database (CEEDD), over the period from 2001 to 2013, this paper distinguishes incorporated self-employment from unincorporated self-employment, and compares the entry and exit dynamics of the two types of self-employment by age, gender and province. The large number of observations in CEEDD and its longitudinal nature make this detailed analysis possible.
Release date: 2018-07-09 - Articles and reports: 11-626-X2016057Description:
This Economic Insights article addresses the extent to which immigrants contribute to economic growth. For the first time, the business ownership and job-creation activities of immigrants are addressed. A longer, more detailed study is also available.
Release date: 2016-03-21 - 7. Quarterly Business and Employment Dynamics: Experimental Estimates, First Quarter 2001 to Third Quarter 2014 ArchivedArticles and reports: 11-626-X2015045Description:
This Economic Insights article presents quarterly estimates of employer business entry and exit, and the associated job creation and destruction from the first quarter of 2001 to the third quarter of 2014. These quarterly estimates supplement the annual data provided by Statistics Canada’s Longitudinal Employment Analysis Program (LEAP) by providing more timely, infra-annual data on business and employment dynamics.
Release date: 2015-03-31 - Articles and reports: 11-622-M2013030Geography: Canada, Geographical region of Canada, Province or territoryDescription:
This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns to differences in industrial structure and the response of firm entry and exit to changes in the economic environment.
Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are ubiquitous, new firms are often associated with new ideas and the provision of innovative goods and services that enhance competition and force incumbents to become more innovative and efficient. Studies have shown the considerable role played by entry and exit in resource reallocation and productivity improvement.
Release date: 2013-12-10 - 9. Firm Turnover and Productivity Growth in Selected Canadian Services Industries, 2000 to 2007 ArchivedArticles and reports: 11F0027M2011072Geography: CanadaDescription:
The nature of the competitive process that causes a reallocation of market shares within an industry contributes to aggregate productivity growth. This paper extends our understanding of industry differences in the competitive process by examining firm turnover and productivity growth in various services industries in Canada and situating them relative to retailing and manufacturing, two industries which have been the focus of these studies in the past. Seven industries in the services sector, namely wholesale trade, transportation and warehousing, air transportation, truck transportation, broadcasting and telecommunications, business services and financial services, are examined.
Release date: 2011-08-19 - Articles and reports: 11-010-X20060109500Geography: Canada, Geographical region of CanadaDescription:
The number and rate of bankruptcies have fallen steadily since the mid-1990s. However, the liabilities from these failures have trended up, implying that more large firms are going bankrupt. There has been a marked narrowing of regional differences in bankruptcy rates.
Release date: 2006-10-12
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Analysis (14)
Analysis (14) (0 to 10 of 14 results)
- Articles and reports: 36-28-0001202301000005Description: The COVID-19 pandemic had a substantial impact on business dynamics, leading to the temporary or permanent closure of many businesses. Using a newly developed linked database, this paper presents trends in exits, insolvency proposals and bankruptcies across business and financial characteristics among corporations from 2004 to 2020.Release date: 2023-10-25
- Articles and reports: 36-28-0001202200200006Description:
The COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level evidence on the relationship between the usage of the CEWS programs and the survival and growth of businesses controlling for the pre-pandemic characteristics of businesses and where possible, their use of two other important programs, the Canada Emergency Business Account and the Canada Emergency Commercial Rental Assistance programs.
Release date: 2022-02-23 - Articles and reports: 36-28-0001202100300003Description: This article compares the characteristics of employer businesses that were closed by September 2020 and remained closed as of November 2020 to those that were active before the onset of the pandemic in February 2020. Characteristics related to the risk of closure are examined: businesses size, age, indebtedness, liquidity and profitability. Based on these characteristics, the risk of closure is estimated for each business.Release date: 2021-03-24
- Articles and reports: 11-626-X2020014Geography: Canada, Geographical region of CanadaDescription:
This article in the Economic Insights series presents monthly estimates of the number of business openings and closings, continuing businesses, and active businesses from January 2015 to April 2020. The estimates for businesses with employees are available for Canada, the provinces and territories, and census metropolitan areas. Where possible, industry information based on two-digit North American Industry Classification Systems codes are also presented. A business closing is defined as a firm that had employment in the previous month, but no employment in the current month.
Release date: 2020-08-05 - Articles and reports: 11F0019M2018407Description:
Entrepreneurial activity has long been argued as an important driver of innovation, job creation, and productivity growth. However, measuring entrepreneurial activity is not easy. Using a newly developed administrative database of firms and workers, the Canadian Employer–Employee Dynamics Database (CEEDD), over the period from 2001 to 2013, this paper distinguishes incorporated self-employment from unincorporated self-employment, and compares the entry and exit dynamics of the two types of self-employment by age, gender and province. The large number of observations in CEEDD and its longitudinal nature make this detailed analysis possible.
Release date: 2018-07-09 - Articles and reports: 11-626-X2016057Description:
This Economic Insights article addresses the extent to which immigrants contribute to economic growth. For the first time, the business ownership and job-creation activities of immigrants are addressed. A longer, more detailed study is also available.
Release date: 2016-03-21 - 7. Quarterly Business and Employment Dynamics: Experimental Estimates, First Quarter 2001 to Third Quarter 2014 ArchivedArticles and reports: 11-626-X2015045Description:
This Economic Insights article presents quarterly estimates of employer business entry and exit, and the associated job creation and destruction from the first quarter of 2001 to the third quarter of 2014. These quarterly estimates supplement the annual data provided by Statistics Canada’s Longitudinal Employment Analysis Program (LEAP) by providing more timely, infra-annual data on business and employment dynamics.
Release date: 2015-03-31 - Articles and reports: 11-622-M2013030Geography: Canada, Geographical region of Canada, Province or territoryDescription:
This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns to differences in industrial structure and the response of firm entry and exit to changes in the economic environment.
Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are ubiquitous, new firms are often associated with new ideas and the provision of innovative goods and services that enhance competition and force incumbents to become more innovative and efficient. Studies have shown the considerable role played by entry and exit in resource reallocation and productivity improvement.
Release date: 2013-12-10 - 9. Firm Turnover and Productivity Growth in Selected Canadian Services Industries, 2000 to 2007 ArchivedArticles and reports: 11F0027M2011072Geography: CanadaDescription:
The nature of the competitive process that causes a reallocation of market shares within an industry contributes to aggregate productivity growth. This paper extends our understanding of industry differences in the competitive process by examining firm turnover and productivity growth in various services industries in Canada and situating them relative to retailing and manufacturing, two industries which have been the focus of these studies in the past. Seven industries in the services sector, namely wholesale trade, transportation and warehousing, air transportation, truck transportation, broadcasting and telecommunications, business services and financial services, are examined.
Release date: 2011-08-19 - Articles and reports: 11-010-X20060109500Geography: Canada, Geographical region of CanadaDescription:
The number and rate of bankruptcies have fallen steadily since the mid-1990s. However, the liabilities from these failures have trended up, implying that more large firms are going bankrupt. There has been a marked narrowing of regional differences in bankruptcy rates.
Release date: 2006-10-12
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