As of the first quarter of 2021, some 42 percent of companies in Canada expected their profitability to stay about the same. The impact of the coronavirus has been larger on smaller companies. Businesses with one to 19 employees were more likely to experience a decrease in profitability in the next three months. On the contrary, companies with 100 or more employees represented the largest share of businesses which expected an increase in profitability in the near future.
Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size
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StatCan. (March 10, 2021). Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size [Graph]. In Statista. Retrieved April 20, 2024, from https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/
StatCan. "Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size." Chart. March 10, 2021. Statista. Accessed April 20, 2024. https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/
StatCan. (2021). Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size. Statista. Statista Inc.. Accessed: April 20, 2024. https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/
StatCan. "Business Expectations of Profitability over The next Three Months in Canada as of 1st Quarter 2021, by Employment Size." Statista, Statista Inc., 10 Mar 2021, https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/
StatCan, Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size Statista, https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/ (last visited April 20, 2024)
Business expectations of profitability over the next three months in Canada as of 1st quarter 2021, by employment size [Graph], StatCan, March 10, 2021. [Online]. Available: https://www.statista.com/statistics/1227179/business-expectations-of-profitability-in-canada-by-employment-size/