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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

August 27, 2018
BUSINESS COUNTS IN NOVA SCOTIA, JUNE 2018

Nova Scotia

In Nova Scotia June 2018, there were 31,297 active business locations with employees. Three industries with employees have the most business locations: Retail (13.11% of business locations), Construction (11.36%) and Agriculture, Forestry and Fishing (9.56%).

There were 50,778 active business locations without employees in June 2018. The top three industries without employees were Real Estate (18.19% of business locations), Agriculture, Forestry and Fishing (9.60%), and Professional, Scientific and Technical services (9.27%).

In addition, 69.5% of business locations with employees in the province were in Services Industries, and 24.5% in Goods industries.   For businesses without employees, the location percentages are similar: 66.2% and 18.9% respectively.

For businesses with employees, 5.97% were unclassified with respect to the Goods or Services category. For businesses without employees the unclassified percentage was 14.85%.

 

Nationally

Statistics Canada reports that nationally, there were 1,272,791 active businesses with employees in June 2018. Three industries have the most business locations--Construction (11.33%), retail trade (11.24%) and Professional, Scientific and Technical services (11.17%). There were 2,880,304 active businesses with annual revenues greater than $30,000 but without employees.

 

 

 

Definitions

http://www23.statcan.gc.ca/imdb-bmdi/document/1105_D16_T9_V1-eng.htm

Key definitions found in Business Register Data: Statistical Entities

Statistical Enterprise

An enterprise is the legal operating entity at the top of the operating structure. There is only one enterprise per operating structure. It is associated with a complete set of financial statements.

Statistical Establishment

A statistical establishment is the production entity or the smallest grouping of production entities which:

  • Produces a homogeneous set of goods or services;
  • Does not cross provincial boundaries; and
  • Provides data on the value of output together with the cost of principal intermediate inputs used along with the cost and quantity of labor resources used to produce the output.

For example, a plant in the manufacturing industry which provides accounting information regarding the value of shipments (sales), direct costs and labor costs is considered a single establishment. However, two stores in the retail industry may be considered one establishment if the accounting information, described in item (c) above, is not available separately, but is combined at a higher level.

Statistical Location

The location is an operating entity, specifically a production entity which:

  • Conducts economic activity at or from a single physical location or group of locations;
  • Resides within the smallest standardized geographical area;
  • Is able to provide employment data at a minimum.

 

 Other Links

Statistics Canada

STC Daily for August 21, 2018

CANSIM: Table  33-10-0094-01   Canadian Business Counts, without employees, June 2018

              Table  33-10-0092-01   Canadian Business Counts, with employees, June 2018

 



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