July Business Formation Rebounds While Closures Remain Elevated
Canada recorded 10,382 new businesses in July 2026, up 60% from June, marking the strongest month for new business formation since March (excluding April’s one-time reporting spike). Reported business closures remained elevated but were virtually unchanged month over month.
July Pre-Mover Activity Remains Strong Despite Seasonal Moderation
Canada recorded 63,614 pre-mover households in July 2026, down 3.4% from June as pre-mover activity continued to normalize following the spring peak. Despite the modest decline, volumes remained significantly higher than those recorded at the beginning of the year.
July Mover Activity Remains Strong Following June Peak
Canada recorded 53,862 mover households in July 2026, down 3.1% from June as mover activity stabilized following the seasonal surge seen at the start of the summer. While overall activity eased slightly, Ontario and Alberta continued to post month-over-month growth.
Canada recorded 6,490 new businesses in June 2026, up from 5,753 in May, representing a modest rebound in business formation following May’s return to more typical activity levels.
Canada recorded 55,579 mover households in June 2026, up 45% from May as completed relocations increased during the summer moving season. Every province recorded month-over-month growth.
June Pre-Mover Activity Remains Elevated Following Strong Spring Season
Canada recorded 65,859 pre-mover households in June 2026, following the seasonal high reached in May. While activity moderated month-over-month, pre-mover volumes remained well above the levels seen at the beginning of the year.
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Canada recorded 5,753 new businesses in May 2026, while 16,487 businesses closed, marking a sharp decline in overall business activity following April’s record-setting surge
May Mover Activity Holds Steady as Spring Relocation Season Continues
Canada recorded 38,375 mover households in May 2026. While activity eased from April’s peak, mover volumes remain well above February levels, reflecting continued strength throughout the spring moving season.