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The Daily Monday, February 22, 2021

Press Release

Monthly estimates of business openings and closures, November 2020

While the number of business openings (49,956) exceeded the number of business closures (35,533) for the fifth consecutive month, business closures have continued to increase since August. From October to November, business closures rose by 5.6% and business openings decreased by 0.6%. The number of active businesses in November edged up from the previous month and remained 4.5% lower than in February 2020.

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Data tables: Film and video distribution, 2015 (revised data)

Revised 2015 data on film and video distribution are now available.

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Monthly Mineral Production Survey, December 2020

The total value of shipments of minerals saw an initial decrease in October, followed by two consecutive monthly increases. In October, the total value of shipments of minerals declined 22.3% to $2.3 billion, compared with September. In November, the total value of shipments of minerals rose 9.6% to $2.6 billion as a result of an increase in the value of shipments of metallic minerals, which offset a decline in that of non-metallic minerals. In December, the value of shipments of both types of minerals grew 20.9% to $3.1 billion.

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Accommodation services reach a record high prior to the pandemic, 2019

The accommodation services subsector generated $23.6 billion in operating revenue in 2019, up 4.7% from 2018. Ontario (29.5%) accounted for the largest share of revenue, followed by British Columbia (21.6%), Alberta (18.6%) and Quebec (15.8%). Prior to the COVID-19 pandemic, the accommodation services subsector benefitted from a favourable exchange rate in many international markets and an increasing number of international travellers.

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Deliveries of major grains, January 2021

Data on major grain deliveries are now available for January.

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Freight Rail Services Price Index, February 2021

The Freight Rail Services Price Index (2018=100) is now available for February.

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Revisions to the Bank of Canada’s preferred measures of core inflation

Revisions to the Bank of Canada’s preferred measures of core inflation are now available in the table Consumer Price Index (CPI) statistics, measures of core inflation and other related statistics – Bank of Canada definitions.

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