Business Planning and Startup Sites:
Sources for Business Plan Market Research (Industry Analysis, Competitive Analysis, Consumer Analysis, Economic Trends, etc.)
Information by Industrial Category. Innovation, Science and Economic Development Canada.
- Information available varies; includes some industry profiles.
Canadian Industry Statistics (CIS). Innovation, Science and Economic Development Canada.
- Provides information on the number and size of “establishments” by industry (NAICS).
Financial Performance Data. Innovation, Science and Economic Development Canada.
- Aggregated industry-specific income statement and balance sheet data for small and medium-sized businesses, showing the profitability of different types of businesses. (Formerly SME Benchmarking Tool)
Statistics Canada. The official source for most Canadian business statistics. The site also has many analytical publications available that expand on industry data. Search the site by keyword, browse by subject, or search key resources, e.g. CANSIM, which contains thousands of time series of socio-economic data. CANSIM tables can be manipulated to select specific variables, frequencies and geographies.
NOTE: Many other government departments and organizations also provide statistics (e.g. CMHC, housing, CIHI, health information, etc.)
You can search across all federal government websites using the search engine at Canada.ca, or use the site limiter in Google: "your keywords" site:gc.ca (and/or site:Canada.ca)*
*Information from all federal government (gc.ca) websites is being transferred to Canada.ca
USA.gov. The U.S. Government official web portal.
Recommended business and news article databases (access from A-Z List of Databases):
ProQuest(All): Includes ABI/INFORM Global, CBCA (Canadian Business and Current Affairs), Canadian Newsstand , etc. Several business and Canadian news databases can be searched together.
ABI/INFORM Global: Includes hundreds of academic business and economics journals and other types of publications with global coverage. Special search feature: “limit by classification code” for broad categories of topics and types of information. (In the Advanced search screen under “More Search Options” select : “Look up classification codes” to see the options available.)
Business Source Elite: Includes hundreds of academic, trade, professional, and other business journals and publications. Indexes many industry reports not easily available. Does include full-text Marketline Company Profiles. (Select “Company Profile” tab at the top. Profiles are about 30 pages long and include a SWOT analysis, revenue analysis, regulations, list of major competitors, etc.) BSE can be searched together with other EBSCO databases, e.g. Environment Complete, SocINDEX, etc..
Lexis/Nexis Academic: Includes many kinds of global business and news sources as well as several specialized business reference sources.
Search tips: Search for the industry (e.g. “pharmaceutical industry”). Sort by date. Read general articles, and narrow down, as needed, with keywords or subject terms for articles on specific aspects or factors needed for your analysis (e.g. canada, growth, trends, forecast, outlook, etc.) Each of these databases can be searched by NAICS code as well.
NOTE: Other databases specific to the subject-matter of your product, service, or industry will need to be searched as well. (e.g. Environment Complete for articles on environmental technology, etc.) See A-Z List of Databases. Select list by Subject.
Commercial Analyst Reports:
For the most part, when references to these are found by searching article databases or the Internet, the full reports will not be available for free. Lexis/Nexis (A-Z List of Databases) includes a large component of business reference sources, including some industry reports:
Most large industry associations provide statistics and reports about their industry on their websites, in trade journals, business news sources, submissions to government, etc. Article/news searches will alert you to some of these, or search the Associations Canada directory at the Research Help Desk to choose the major association(s) for your industry and go to their websites. (To search the directory online select “CIRC” in the A-Z List of Databases; check off Associations Canada or search across all relevant directories. Search by keyword, or select "Subject Search", and pick from the drop-down list.)
You can limit a Google search for your industry to site:.ca to limit the information found to Canadian sites. (e.g. “aquaculture industry” site:.ca)
Besides providing information about the operations of a particular company, company profiles, financial and operating information of major companies operating within an industry are also important sources of information for many aspects of the competitive environment and factors affecting the industry.
Lexis/Nexis “Company Dossier” allows comparing companies in an industry:
Shows financial data and ratios (e.g. P/E, inventory turnover, etc.) for top companies (by sales) and links to recent news and other information about the industry. You can also create a more customized table by selecting “Create a company list”.
Company Annual Reports - All publicly traded companies in Canada are required to publish an annual report of their operations. These include not only financial details, but also insights into the business conditions and operating environment of the industry. Some parts to look at: Letter to Shareholders (introduction by CEO) can include a summary of industry trends/conditions/issues faced by the company, and “Management discussion and analysis” section can include hints of the company’s strategy for dealing with these and other operational issues. Latest reports available on company websites, or search SEDAR.
A searchable database of public company filings (annual reports, etc.) to Securities Regulatory Agencies in Canada. You can limit a search to Industry Group, and type of document, e.g. “Management Discussion & Analysis”.
(For U.S. public companies, search EDGAR for the equivalent Form 10-K. The “Business Overview Section” requires a description of the nature of competition in the industry.)
Some private company information is found in Lexis/Nexis directories. The main source of information on private companies is usually the press: newspapers, journals and magazines. Search the ProQuest news and business databases, Business Source Elite and Lexis/Nexis.
Demographic and Social Statistics: