The Daily Thursday, November 19, 2020
Press Release
The volume of Canada’s non-residential and residential net capital stock increased in 2019
A slowdown in engineering continued to dampen the growth of overall capital stock in 2019.
Almost one-third of the Canada Emergency Business Account loans went to cover payroll expenses in the second quarter
Almost one-third of the Canada Emergency Business Account (CEBA) loans business received this spring went to cover payroll expenses, while three-quarters of businesses reported that CEBA funding was essential to continue operations.
Commercial rents in key Canadian economic markets, third quarter 2020
With further easing of physical distancing measures, the gradual reopening of the economy and employment continuing to recover, commercial rents rose by 0.7% in the third quarter, following a record 1.8% (revised) drop in the second quarter.
Two-thirds of useful service life remained in Canada’s stock of non-residential capital in 2018
In 2018, 65.1% of useful service life remained in Canada’s stock of non-residential capital, edging down 0.3 percentage points from the previous year. This was the third consecutive year of decreases.
Total refinery sales of refined petroleum products to end-users was unchanged in 2019
Total sales of refined petroleum products to end-users stood at 99.9 million cubic metres in 2019, largely unchanged compared with 2018.
Total secondary distributor sales of refined petroleum products to end-users edged up in 2019
Secondary distributors of refined petroleum products sold 27.9 billion litres of refined petroleum products in Canada in 2019, edging up 0.3% from the previous year. The distribution of products sold included: motor gasoline (54.3%), diesel fuel oil (38.7%), light fuel oil (5.1%) and heavy fuel oil (1.8%).
Automotive equipment rentals and leasing industry maintained growth in 2019
The COVID-19 pandemic and the steps taken by federal, provincial and local governments to reduce its spread have affected the ability and willingness of Canadians to travel and have disrupted the economy in general. This will have an impact on the industry estimates of automotive equipment rental and leasing services for 2020 and, possibly, future years. Estimates for 2019 should be viewed through this lens.
IBF4
