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The Daily Thursday, March 11, 2021

Press Release

Canada’s international investment position, fourth quarter 2020

Canada’s net foreign asset position continued its upward trend in the fourth quarter to reach an unprecedented level of $1,360.6 billion.

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COVID-19: A year in review

The year 2020 was one like no other and we have the data to prove it. Analysts from across the agency have described the level of change in their field of expertise through a series of statistical vignettes. This year-in-review compendium updates and extends our analysis of the pandemic’s effects on the lives of Canadians.

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Annual wages, salaries and commissions of T1 tax filers, 2019

The median annual earnings of Canadian tax filers overall rose at a slower pace in 2019 than a year earlier. Among the provinces, earnings grew at the fastest pace in Quebec, but fell in Ontario and all three Prairie provinces. Earnings rose at a faster pace for women than men.

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Leading indicator of international arrivals to Canada, February 2021

In February, international arrivals to Canada by land and air remained low, as restrictions on non-essential travel were tightened during the month.

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The film, television and video production industry in Canada nearly doubled its operating revenue from 2013 to 2019

The film, television and video production industry in Canada was expanding rapidly before the onset of the COVID-19 pandemic and nearly doubled its operating revenue from 2013 to 2019, with the lower Canadian dollar and fiscal incentives providing a key competitive advantage. In 2019, the film, television and video production industry generated $9.2 billion in total operating revenue—an increase of 9.4% from 2017. Similarly, operating expenses grew 9.3% from 2017 to $8.7 billion in 2019, leading to an operating profit margin of 6.2% in 2019, a slight increase compared with 2017 (6.1%).

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Canadian Economic News, February 2021

The February issue of Canadian Economic News is now available.

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