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The following data shows the distribution of bank branches in Canada in 2008 and 2018. Complete the last two columns of the table by calculating

The following data shows the distribution of bank branches in Canada in 2008 and 2018. Complete the last two columns of the table by calculating the absolute increase or decrease in branches, and the percentage increase or decrease for each province and territory. (To calculate absolute increase/decrease, subtract the number of branches in 2008 from the number of branches in 2018. Then, divide this number by the number of branches in 2008 and multiply by 100 to find the percentage increase/decrease) (12 marks)

  1. MAKE SURE TO SHOW ALL CALCULATIONS IN THE BLANKS

Province/

Territory

Number of Branches Absolute Increase/Decrease % Increase/Decrease

2008 2018

Newfoundland 136 148

PEI 31 34

Nova Scotia 258 269

New Brunswick 186 207

Quebec 1499 1783

Ontario 3066 3608

Manitoba 337 309

Saskatchewan 387 297

Alberta 726 718

British Columbia 852 938

Yukon, NWT, Nunavet 28 38

Totals 7506 8349

Source: Canadian Payments Association, with permission

  1. Which province or territory had the largest percentage increase? (1 mark)

  1. Which province(s) experienced negative growth? (1 mark)

  1. How many of the provinces and territories had percentage increases over 10%? List these provinces and their percentage increases. (3 marks)


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