An overview of the revisions to the Financial and Wealth Accounts, 2020 to 2024

Articles and reports: 13-605-X202400100008
Description: This article describes the revisions to the Financial Flow Accounts, the Other Changes in Assets Account and the National Balance Sheet Accounts, collectively called the Financial and Wealth Accounts (FWA), introduced as part of the 2024 comprehensive revision. These accounts are integral to the Canadian System of Macroeconomic Accounts. This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies and classifications as recommended by international standards.
Issue Number: 2024001
Author(s): Krochmalnek, Dave
Main Product: Latest Developments in the Canadian Economic Accounts
Format Release date More information
HTML December 12, 2024
PDF December 12, 2024