Statistics Canada Says Number of Business Closings Decreased in August

Statistics Canada Statcan said that the number of business closings decreased slightly in August due to the easing of COVID-19 restrictions.

The agency said 34,126 businesses closed in August, down 2.7% from July and 14.2% lower than before the COVID-19 epidemic in February.

Statistics Canada said the drop may reflect the fact that businesses least resilient to the pandemic have closed.

The agency also noted that for the second month in a row, the number of firms opening was more than the number of firms that closed with 40,697 opening.

Statistics Canada said most provinces and territories continued to report fewer closures in August, except for Prince Edward Island and New Brunswick.

This content is also available in: Tiếng Việt

Discover

Bài Liên Quan

How to make the TikTok trending Dalgona coffee without a mixer

https://www.youtube.com/watch?v=6D8is7HwL50 Getting bored during quarantine time? Let's try this super easy recipe to make Dalgona coffee which...

Cliffs of Fundy and Bonavista Peninsula Discovery Geopark – UNESCO Global Geoparks

Based on the UNESCO website, UNESCO Global Geoparks are “single, unified geographical areas where sites and landscapes of international geological significance are...

Canadian home prices see robust gain in April, led by Ottawa-Gatineau

TORONTO (Reuters) - Canadian home prices rose in April at a stronger than usual clip for the month, with widespread gains led...

What regions of Canada can expect a White Christmas?

With only 15 days left until Christmas, one climate expert thinks Canadians should be more optimistic about a White Christmas this year.

Canadian Researchers Begin Clinical Trials of the Tuberculosis Vaccine for COVID-19

Researchers in Canada are hoping a vaccine that has been designed to treat tuberculosis for centuries could be the key to fighting...

Long-awaited one-time disability assistance will be distributed on Friday

The federal government’s promised one-time grant payment for Canadians with disabilities struggling with the pandemic will be distributed this Friday after months...

The Five-Fruit Tray of Tet

Every Lunar New Year, on the family altar of every Vietnamese family, there is a five-fruit tray as an offering to...

This content is also available in: Tiếng Việt