Weekly data on real-time local business conditions are now available for February 28 to March 6, 2022.
Note to readers
The Real-time Local Business Conditions Index is released as an experimental statistic to measure business activity in real time during the pandemic and beyond. The index tracks business conditions in Calgary, Edmonton, Montréal, Ottawa–Gatineau, Toronto, Vancouver, and Winnipeg.
The Real-time Local Business Conditions Index is still evolving, and additional data sources are being tapped to better understand current business conditions in select cities. A rising index reflects improving business conditions in an urban centre, while a declining index signals deteriorating business conditions.
The Index has three components that combine alternative data sources with Statistics Canada's data holdings: the first is a static component to measure the economic size of a business district at the local level; the second tracks operating conditions of the businesses in a given area; and the third measures the level of business activity in the area using road traffic data.
Next release
Data on real-time local business conditions for March 7 to 13, 2022 will be released on March 18, 2022.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).