Almost 3,800 business locations in three regions at risk from spring flooding, Statistics Canada says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

The agency made the assessment after using flood extent maps produced by Natural Resources Canada from satellite data acquired by the Canadian Space Agency from April 17 to 30

Statistics Canada says small businesses, including those operating from a home, are most affected by flooding with about 85 per cent having no employees and nine per cent having one to four employees.

One-quarter of the affected businesses are in real estate, rental and leasing, 12 per cent offering professional, scientific and technical services and 10 per cent in construction. Nearly 100 larger business locations with five or more employees were in the Ottawa-Gatineau region, 47 in the Montreal area region and 82 in New Brunswick. The most common industry sectors were retail and construction at 21 and 19 per cent respectively.

 

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:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Five things to watch for in the Canadian business world this weekStatistics Canada will release its cannabis economic account for the first quarter this week.
Source: CTVNews - 🏆 1. / 99 Read more »