Business openings per 10,000 inhabitants

Methodological background:

The annual number of opening businesses is divided by the annual average population and multiplied by 10,000.

Remarks:

Opening businesses includes all businesses that transition from having no employees in the previous month to having at least one employee in the current month. These instances occur when a new, small firm begins, when a large firm opens a new establishment or when a seasonal firm re-opens.

Annual average population is calculated as the average of the Q1 population estimates in the current and following year.

Sources:

Statistics Canada. Table 33-10-0270-01  Experimental estimates for business openings and closures for Canada, provinces and territories, census metropolitan areas, seasonally adjusted

Statistics Canada. Table 17-10-0009-01  Population estimates, quarterly