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.
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.
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.
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.
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.
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.
IBF4
