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The Daily Friday, May 28, 2021

Press Release

Household economic well-being during the COVID-19 pandemic, experimental estimates, fourth quarter 2020

The economic well-being of the lowest-income earners increased more than that of any other households in 2020, with those in the lowest income quintile recording gains of 17.6% in disposable income and 10.7% in net worth relative to 2019.

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Canadian Survey on Business Conditions, second quarter 2021

Over one-third (37.1%) of businesses expected their profitability to decrease and one-quarter (25.7%) expected sales to fall over the next three months. Nevertheless, over three-quarters (77.6%) of businesses expected their number of employees to remain the same.

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Monthly estimates of business openings and closures, February 2021

In February, as public health restrictions were eased in many provinces, the number of business openings increased 6.1%, of which the majority (62.4%) was due to the number of reopening businesses, unchanged from last month. The number of business closures also rose compared with January, up 10.4%. Indeed, the number of business closures has been trending up since August 2020, but returning to historical levels. However, as the number of business closures continued to be lower than that of business openings, the number of active businesses in February edged up. Despite this slight increase, the number of active businesses in February was down 1.9% compared with February 2020.

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Profile of immigrants in nursing and health care support occupations

The COVID-19 pandemic has highlighted a number of issues with the workforce in the health care sector. The number of job vacancies in this sector is thought to have peaked at 100,300 positions at the end of 2020, according to data from the Job Vacancy and Wage Survey.

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Canadian Tourism Activity Tracker, March 2021

In March, overall tourism activity in Canada was 68.1% below the level reached in March of 2019, before the COVID-19 pandemic. With border closures and other restrictions, in-bound or internationally generated tourism activity was even further below (-92.3%) the pre-pandemic level.

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Survey of Maintenance Enforcement Programs: Child and spousal support, 2019/2020

In 2019/2020, 81% of the money owed for child and spousal support to recipients registered in a subset of provincial and territorial Maintenance Enforcement Programs (MEPs) was collected. This was up 1 percentage point from a year earlier. The highest collection rate for support cases was in New Brunswick (98%), and the lowest was in Saskatchewan (73%).

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Railway carloadings, March 2021

The volume of freight carried by Canadian railways reached 33.1 million tonnes in March, up 1.2% from March 2020. This marked the fifth consecutive month of year-over-year growth.

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