On April 29, the results of the Canadian Survey on Business Conditions (CSBC) were released. The survey is a joint effort between Statistics Canada and the Canadian Chamber of Commerce, and provides the most detailed insight yet into the impact of COVID-19 on Canadian businesses. Access the survey results here.
After the release, extensive discussion and coverage followed. Explore it here:
Chamber CEO Perrin Beatty on Bloomberg Markets with Amanda Lang
Chamber Chief Economist Trevin Stratton on CBC Power & Politics
Yesterday, our Chief Economist & VP of Policy @TrevinStratton appeared on @PnPCBC to discuss the results of the Canadian Survey on Business Conditions that we released with @StatCan_eng, as well as the next steps for public policy & #Cdnbiz. #BizResilience #CdnEcon #CdnPoli pic.twitter.com/G4m55k3Qsp
— Canadian Chamber of Commerce (@CdnChamberofCom) April 30, 2020
Chamber CEO Perrin Beatty on CTV PowerPlay
A new study by @StatCan_eng & @CdnChamberofCom shows over half of Cdn businesses saw at least a 20% decline in revenue in Q1 due to COVID-19. How many won't make it? @PerrinBeatty: "we're looking at thousands that likely won't" #cdnpoli #ctvpp
— CTV Power Play (@CTV_PowerPlay) April 29, 2020
More at https://t.co/uCQmGSHoEL pic.twitter.com/afuPcozbpR
Written Coverage
- Wall Street Journal: More Than Half of Canadian Companies See Deep Sales Drop
- The Globe And Mail: More than half of Canadian businesses saw revenue cut by at least 20% as pandemic took hold: survey
- Canadian Press (via CTV News): More than half of Canadian companies see sales drop at least 20 per cent: StatCan
- CBC News: More than 50% of Canadian companies have lost at least one-fifth of their revenue to COVID-19, StatsCan says
- LaPresse: Baisses de revenus pour la moitié des entreprises canadiennes