Small Business Recovery Dashboard
As of August 19, 2021
Top worries for small business owners
Source:
CFIB, preliminary results for the Your Voice – August 2021 survey, results from August 5 -10, 2021, n = 2,878. For comparison purposes, a probability sample with the same number of respondents would have a margin of error of +/-1.8 %, 19 times out of 20.
*PEI has fewer than 40 respondents and is calculated as an average of the results from the July and August surveys.
Businesses fully open
Businesses
at or above normal staffing
Businesses
at or above normal revenues
Fully staffed
Fully open
Normal sales
Canadian small businesses
By province
Alberta
78%
41%
33%
British Columbia
79%
47%
47%
Saskatchewan
91%
60%
45%
Manitoba
73%
53%
41%
Ontario
70%
44%
34%
Quebec
80%
51%
49%
New Brunswick
82%
45%
38%
Nova Scotia
76%
58%
37%
Prince Edward Island*
85%
63%
51%
Newfoundland and Labrador
73%
75%
45%
70%
The overall economy
62%
Fall in consumer spending
50%
Business cash flow
48%
Physical health impacts
47%
Debt
Top worries
Source: CFIB, How many Canadian businesses are at risk of permanently closing due to COVID-19?. July 2020.
Special feature
Top reasons open businesses have below normal sales
58%
Fewer customers
18%
Staff unavailable
20%
Government restrictions limit business activities
27%
Operational challenges with online sales, processing times, shipping, supply chain, etc.
48%
Customers spending less
Methodology
Recovery spans for each sector are calculated by using the share of businesses that are already at normal revenues as of mid-September as a starting point, then applying the progress rate registered for each sector between June and September, in a linear forward fashion, until most businesses can reach normal revenues again. See the full results in CFIB’s report Are Canadian small businesses headed for an L-shaped recovery?.
*Provincial data is updated on a monthly basis. Please see source below for details.
