Fixed assets, 2012

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In 2012, the value of the stock of Canada's fixed assets (building and engineering construction, machinery and equipment, and intellectual property products) stood at $2,129 billion, a 6.2% increase over 2011. These assets, in combination with other inputs such as labour, energy, and raw materials, contribute to the production of goods and services.

Among the three broad categories of assets, building and engineering construction accounted for 74.6% of total assets while machinery and equipment accounted for 15.6%. Intellectual property products, which include software, research and development and oil and gas and mining exploration, accounted for the remaining 9.8%.

Depreciation and the associated net stocks data are available on a current price basis, 2007 constant price basis and a chained (2007) dollar basis. The geometric method of depreciation, in lieu of linear, has become the new standard method of presenting the data. Depreciation and net stock data produced using linear and hyperbolic methods of depreciation continue to be available.

Data on investment, and net and gross stocks, are available by North American Industry Classification System, classes of assets and provinces and territories.

Consistent with the implementation of the revised international standards as published in the Canadian System of National Accounts (SNA 2008), military weapons systems and research and development are now capitalized — an expansion of the capital stock boundary.

Military weapons systems are included in the non-business sector capital stock while research and development are classified as intellectual property products and included in both the business sector and non-business sector.

Note to readers

Data in this release refers to the net stock in current dollars, based on a geometric method of depreciation.

Available without charge in CANSIM: tables CANSIM table031-0002 to 031-0004.

Definitions, data sources and methods: survey number survey number2820.

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).