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Did the COVID-19 pandemic zombify the economy? : a look at zombie firms / by Alexander Amundsen, Amélie Lafrance-Cooke and Danny Leung.CS36-28-0001/2025-1-2E-PDF

"This article summarizes recent research by Amundsen et al. (2025) that examined zombie firm prevalence and the dynamics of these firms over the 2020-to-2022 pandemic years, the role of business supports in helping to prop up zombie firms or encourage their survival, and their contribution to the decline in Canada’s productivity. Zombie firms are defined as having earnings before interest and taxes less than their interest payments for 3 consecutive years and as being at least 10 years old"--Page 1.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.947304&sl=0

Publication information
Department/Agency
  • Statistics Canada, issuing body.
TitleDid the COVID-19 pandemic zombify the economy? : a look at zombie firms / by Alexander Amundsen, Amélie Lafrance-Cooke and Danny Leung.
Series title
  • Economic and social reports, 2563-8955 ; v. 5, no. 1, January 2025
Publication typeMonograph - View Master Record
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • Cover title.
  • At head of title: Spotlight on data and research.
  • Issued also in French under title: La pandémie de COVID-19 a-t-elle zombifié l’économie? : regard sur les entreprises zombies.
  • Includes bibliographical references (page 11).
Publishing information
  • [Ottawa] : Statistics Canada = Statistique Canada, January 22, 2025.
  • ©2025
Author / Contributor
  • Amundsen, Alexander, author.
Description1 online resource (6 pages) : graphs.
Catalogue number
  • CS36-28-0001/2025-1-2E-PDF
Departmental catalogue number36-28-0001
Subject terms
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