Return of live shows after COVID closures revived performing arts industry: StatCan

  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

A new report from Statistics Canada says the return of live shows and events after pandemic restrictions revived the country's performing arts industry in 2022, with significant revenue and salary growth in specific sectors.

The report says promoters and presenters of performing arts, sports and similar events hit hard by COVID-19 cancellations in 2020 and 2021 saw revenue increases of nearly 146 per cent in 2022, compared to the previous year.

StatCan says 2022 was the first full year of true recovery in these industries and it used data from the goods and services tax sales and payroll deduction files, among other sources, to estimate related revenue and salary growth. Despite good news across the arts, entertainment, culture and recreation sectors, StatCan says there was no post-pandemic bounce back for newspaper, book and periodical publishing industries, which all saw a countrywide decline in revenues in 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 65. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines