Maple & Bay

Tracker

Canadian Business Formation

Monthly business openings and closings across Canada, by province and sector. Source: Statistics Canada Table 33-10-0270-01, the experimental seasonally-adjusted Monthly Business Openings and Closures series. Updated monthly with a roughly three-month publication lag.

Latest: January 2026133 months of historyDownload JSON

Latest month · January 2026
Openings
45,914
Closings
46,936
Net change
−1,022
Active businesses
936,162

Net change is down 1,086 from the prior month and down 401 year over year.

National net change · last 24 months

Bar height shows monthly net change (openings minus closings) at the national level across the business sector. Red bars indicate months where closings exceeded openings.

Companion indicator · CFIB Business Barometer
Long-term index (April 2026)
58.5
Short-term index
55.4
Read
Cautiously optimistic

The CFIB Monthly Business Barometer is a sentiment index on a 0-100 scale: above 50 means small business owners expecting stronger performance over the next 12 months (long-term) or 3 months (short-term) outnumber those expecting weaker performance. The dashed red line marks the breakeven. Source: CFIB Business Barometer.

By province · January 2026
ProvinceOpeningsClosingsNet
Ontario18,92819,799−871
British Columbia7,8478,022−175
Quebec6,9977,124−127
Alberta6,8076,981−174
Manitoba1,2931,271+22
Saskatchewan1,1891,204−15
Nova Scotia1,0081,066−58
New Brunswick769752+17
Newfoundland and Labrador631661−30
Prince Edward Island211241−30
Yukon7477−3
Northwest Territories4350−7
Nunavut
By sector · January 2026 (Canada)
Methodology and source

The underlying data is Statistics Canada Table 33-10-0270-01, the experimental Monthly Business Openings and Closures (MBOC) series, seasonally adjusted. A business is counted as an opening in the reference month if it had no payroll in any of the prior 12 months and has payroll in the reference month. A closing is the inverse. Net change is openings minus closings.

All counts are at the establishment level and cover the business sector (excludes most public administration and parts of education and health where StatCan does not maintain the underlying payroll universe). Suppression rules apply at the small-cell level, which is why some sector-by-province cells show as for smaller jurisdictions and sectors.

StatCan revises prior months as new payroll data flows in. The tracker uses the most recent release of the series. Methodology details are available from Statistics Canada at the source link below.

Source: Statistics Canada Table 33-10-0270-01 · Source: Statistics Canada. Adapted by Maple & Bay. · Released under the Statistics Canada Open Licence. Dataset last ingested May 14, 2026.