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The Daily Monday, October 4, 2021

Press Release

Building permits, August 2021

The total value of building permits in Canada decreased 2.1% to $9.7 billion in August. Although most provinces reported increases, notable declines in Ontario and British Columbia pulled the national results lower compared with July.

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National culture indicators, second quarter 2021

Real gross domestic product (GDP) for the culture and sport sectors in Canada increased 1.6% to $13.3 billion in the second quarter, marking four consecutive quarterly increases following a sharp decline in the second quarter of 2020. By comparison, real GDP for the total economy edged down 0.3% during the same period. Although total economy GDP contracted, household spending on recreational and culture services was up during the quarter, bolstering the growth in culture and sport GDP.

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Motion picture theatres, 2020

Despite new business practices during the COVID-19 pandemic, the motion picture and video exhibition industry had a difficult year in 2020. Because of the industry’s cost structure and a large decrease in sales, the pandemic hastily turned the industry’s operating profit margin negative, from a positive average of 14.6% since 2014, to a negative 42.3% in 2020.

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Study: Youth and education in Canada

Younger Canadians generally have a higher level of education than their counterparts across Organisation for Economic Co-operation and Development (OECD) countries, and they are more likely than previous generations to have completed a postsecondary education.

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Non-profit institutions and volunteering: Economic contribution, second quarter 2021

Real gross domestic product (GDP) of non-profit institutions rose 0.7% in the second quarter of 2021, led by non-profits serving businesses. By contrast, the economy-wide real GDP edged down (-0.3%) in the quarter, owing to lower exports and housing resale activity, which have minimal impact on non-profit institutions.

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Oil and gas extraction, 2020

Canada’s oil and gas extraction industry was adversely affected by a number of factors in 2020, including the COVID-19 pandemic, the resulting slowdown in economic activity, and some extreme volatility in crude oil prices in the first half of 2020.

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