The Daily Monday, October 28, 2024
Press Release
High-income Canadians, 2022
Average incomes, adjusted for inflation, declined across the whole of the income distribution from 2021 to 2022. This was mainly due to the winding down of COVID-19 pandemic-related government benefit programs in addition to an inflation rate of 6.8%—the highest increase in 40 years on an annual average basis.
Monthly estimates of business openings and closures, July 2024
In July, the business opening rate edged down 0.1 percentage points for the second consecutive month to settle at 4.5%. The opening rate was 0.2 percentage points below its 2015-to-2019 monthly historical average. The business closure rate dropped by 0.3 percentage points in July 2024 to 4.5% and was 0.1 percentage points below its monthly historical average.
Production and disposition of tobacco products, September 2024
Canadian manufacturers produced 1.1 billion cigarettes in September 2024, up 34.4% from August 2024. Cigarette production was 0.8% lower compared with September 2023.
Machinery and Equipment Price Index, August 2024
The Machinery and Equipment Price Index (2016=100) is now available for August.
IBF4
