Quarterly estimation of investments of the oil and gas extraction industry
Notices and consultations: 13-605-X201500214145
Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of Gross Domestic Product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.
Main Product: Latest Developments in the Canadian Economic Accounts