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The Daily Friday, December 9, 2022

Press Release

Canada’s international investment position, third quarter 2022

Canada’s net foreign asset position, the difference between Canada’s international financial assets and international liabilities was down by $44.9 billion to $571.5 billion at the end of the third quarter, its lowest level since the first quarter of 2020.

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Industrial capacity utilization rates, third quarter 2022

Canadian industries operated at 82.6% of their production capacity in the third quarter, down 0.2 percentage points from the previous quarter. This is the first decline in the capacity utilization rate since the third quarter of 2021.

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Police-reported arson and fire-related homicide in Canada

Arson and fire-related homicide—fire crimes—are inherently dangerous and destructive, with the potential for major costs in terms of property loss, injuries and fatalities. From 2012 to 2021, Canadian police services reported nearly 95,000 incidents of arson, including 2,243 victims of violent arson. Many of these occurred either in open areas (43%) or in private dwellings (38%). Additionally, over a similar period, from 2011 to 2020, there were 301 victims of a homicide where fire was involved, either as the primary cause of death or as an accessory.

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Spending on research and development in the higher education sector, 2020/2021

The higher education sector is an integral part of Canada’s innovation economy and is responsible for a significant portion of the overall research and development (R&D) performed in Canada. While businesses often focus their R&D on specific interests, higher education institutions cast a broader net by performing R&D across a wide range of disciplines. The results of their findings often serve as key inputs in various industries and are sometimes leveraged to develop new products and services and achieve productivity gains.

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Private sector businesses and employment dynamics in Canada in 2020

Business entry and exit rates, as well as employment dynamics, reacted strongly to the COVID-19 pandemic. Restrictions on business activity due to the pandemic inhibited business formation and accelerated business failure. As a result, entry rates declined sharply, while exit rates rose to a record high.

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Real-time local business conditions, November 28 to December 4, 2022

Weekly data on real-time local business conditions are now available for November 28 to December 4, 2022.

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