For the year 2016, quarterly firm creation data were used.
Last observation: 2016  Chart 2: Chart 2: Rates of entrepreneurship have declined in all regions Rates of entrepreneurship by region, annual data  % 0.6 0.5 0.4 0.3 0.2 0.1 0.0 Canada 1981  Quebec  Ontario  Atlantic region  1990  Source: Bank of Canada calculations using data from Statistics Canada's Labour Force Survey  Prairie region British Columbia 2000  2014 Last observation: 2014  The main concern about a loss of dynamism is that it will lead to less innovation and diminishing long-term growth.