Québec, April 1, 2021. – The Institut de la statistique du Québec is releasing today an analysis of the results from the Québec portion of the Canadian Survey on Business Conditions (CSBC), fourth edition. These results are helpful in understanding how Québec businesses continue to adapt to the context of the COVID-19 pandemic in the first quarter of 2021.
This analysis presents businesses’ short-term expectations regarding certain indicators (profitability, sales, number of employees, price of the goods and services offered, etc.), their revenues and expenditures in 2020 compared to 2019, their short-term survival prospects, the obstacles to be overcome in the short-term, as well as whether they have any recovery, transfer or sale plans. The adoption of e-commerce on a permanent basis is also discussed.
The CSBC for the first quarter of 2021 was conducted by Statistics Canada from January 11 to February 11, 2021. Like the two previous editions of the survey, this edition is based on a probabilistic approach and only covers businesses with employees. For Québec, the results are based on the responses of 4,168 businesses.
The Institut de la statistique du Québec produces, analyzes and disseminates official, objective and quality statistical information on various aspects of Québec society. It is responsible for conducting all statistical surveys of general interest. The relevance of its work makes it a strategic ally for decision makers and all those wishing to learn more about Québec.
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