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- Notices and consultations: 13-605-X201400414107Description:
Beginning in November 2014, International Trade in goods data will be provided on a Balance of Payments (BOP) basis for additional country detail. In publishing this data, BOP-based exports to and imports from 27 countries, referred to as Canada’s Principal Trading Partners (PTPs), will be highlighted for the first time. BOP-based trade in goods data will be available for countries such as China and Mexico, Brazil and India, South Korea, and our largest European Union trading partners, in response to substantial demand for information on these countries in recent years. Until now, Canada’s geographical trading patterns have been examined almost exclusively through analysis of Customs-based trade data. Moreover, BOP trade in goods data for these countries will be available alongside the now quarterly Trade in Services data as well as annual Foreign Direct Investment data for many of these Principal Trading Partners, facilitating country-level international trade and investment analysis using fully comparable data. The objective of this article is to introduce these new measures. This note will first walk users through the key BOP concepts, most importantly the concept of change in ownership. This will serve to familiarize analysts with the Balance of Payments framework for analyzing country-level data, in contrast to Customs-based trade data. Second, some preliminary analysis will be reviewed to illustrate the concepts, with provisional estimates for BOP-based trade with China serving as the principal example. Lastly, we will outline the expansion of quarterly trade in services to generate new estimates of trade for the PTPs and discuss future work in trade statistics.
Release date: 2014-11-04 - 2. Estimates of Cross-border Shopping, 2006 to 2012 ArchivedArticles and reports: 13-604-M2014076Description:
This article provides estimates on the value of cross-border shopping in the United States from 2006 to 2012, on an annual and quarterly basis. The study provides detailed values for overnight and same-day spending in the United States, postal and courier imports and motor vehicle imports. Total cross-border expenditures are compared to the Canadian retail trade sales, to provide a basis of comparison on the magnitude of these expenditures. The extent to which cross-border spending varies with movements in the Canadian/United States exchange rate is also examined. The cross-border estimates are derived from the Canadian System of National Accounts and their underlying survey and administrative data sources. The estimates are based on three different scenarios (low, medium and high) with each scenario based on different statistical assumptions. The low scenario represents the lower-bound estimates for cross-border shopping, while the high scenario represents the upper-bound estimates. The medium scenario is based on assumptions deemed to be the most plausible. All assumptions reflect professional judgement and build upon previous analysis.
Release date: 2014-10-08 - Surveys and statistical programs – Documentation: 13-605-X201400214100Description:
Canadian international merchandise trade data are released monthly and may be revised in subsequent releases as new information becomes available. These data are released approximately 35 days following the close of the reference period and represent one of the timeliest economic indicators produced by Statistics Canada. Given their timeliness, some of the data are not received in time and need to be estimated or modelled. This is the case for imports and exports of crude petroleum and natural gas. More specifically, at the time of release, energy trade data are based on an incomplete set of information and are revised as Statistics Canada and National Energy Board information becomes available in the subsequent months. Due to the increasing importance of energy imports and exports and the timeliness of the data, the revisions to energy prices and volumes are having an increasingly significant impact on the monthly revision to Canada’s trade balance. This note explains how the estimates in the initial release are made when data sources are not yet available, and how the original data are adjusted in subsequent releases.
Release date: 2014-10-03 - Articles and reports: 11-626-X2014039Description:
This article in the Economic Insights series provides users with an integrated summary of recent changes in output, employment, household demand, international trade and prices. Organized as a statistical summary of major indicators, the report is designed to inform about recent developments in the Canadian economy, highlighting major changes in the economic data during the first half of 2014. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available in CANSIM on September 16, 2014.
Release date: 2014-09-26 - Articles and reports: 15-206-X2014037Description:
This paper presents estimates of effective multifactor productivity (MFP) growth for Canada, the United States, Australia, Japan and selected European Union (EU) countries, based on the EU KLEMS productivity database and the World Input-Output Tables. Effective MFP growth captures the impact of the productivity gains in upstream industries on the productivity growth and international competitiveness of domestic industries, thereby providing an appropriate measure of productivity growth and international competitiveness in the production of final demand products such as consumption, investment and export products. A substantial portion of MFP growth, especially for small, open economies such as Canada’s, is attributable to gains in the production of intermediate inputs in foreign countries. Productivity growth tends to be higher in investment and export products than for the production of consumption products. Technical progress and productivity growth in foreign countries have made a larger contribution to production growth in investment and export products than in consumption products. The analysis provides empirical evidence consistent with the hypothesis that effective MFP growth is a more informative relevant indicator of international competitiveness than is standard MFP growth.
Release date: 2014-09-09 - Articles and reports: 11-626-X2014034Geography: CanadaDescription:
This article in the Economic Insights series provides users with an integrated summary of recent changes in output, employment, household demand, international trade and prices. Organized as a statistical summary of major indicators, the report is designed to inform about recent developments in the Canadian economy, highlighting changes in the economic data during late 2013 and early 2014. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available in CANSIM on March 18, 2014.
Release date: 2014-03-28 - Articles and reports: 11-621-M2014092Geography: CanadaDescription:
This paper examines the evolution of Canadian manufactured goods exported between 2002 and 2012. This period was characterized by several economic events and the analysis of changes in manufacturing exports provides a better understanding on how the manufacturing sector has evolved during the past decade.
Additionally, this paper analyzes trends in the composition of exports and the distribution of foreign importers of Canadian manufactured goods between 2002 and 2012. It also examines the change in the export intensity throughout 21 key industries of the manufacturing sector.
Release date: 2014-03-19
Data (0)
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Analysis (5)
Analysis (5) ((5 results))
- 1. Estimates of Cross-border Shopping, 2006 to 2012 ArchivedArticles and reports: 13-604-M2014076Description:
This article provides estimates on the value of cross-border shopping in the United States from 2006 to 2012, on an annual and quarterly basis. The study provides detailed values for overnight and same-day spending in the United States, postal and courier imports and motor vehicle imports. Total cross-border expenditures are compared to the Canadian retail trade sales, to provide a basis of comparison on the magnitude of these expenditures. The extent to which cross-border spending varies with movements in the Canadian/United States exchange rate is also examined. The cross-border estimates are derived from the Canadian System of National Accounts and their underlying survey and administrative data sources. The estimates are based on three different scenarios (low, medium and high) with each scenario based on different statistical assumptions. The low scenario represents the lower-bound estimates for cross-border shopping, while the high scenario represents the upper-bound estimates. The medium scenario is based on assumptions deemed to be the most plausible. All assumptions reflect professional judgement and build upon previous analysis.
Release date: 2014-10-08 - Articles and reports: 11-626-X2014039Description:
This article in the Economic Insights series provides users with an integrated summary of recent changes in output, employment, household demand, international trade and prices. Organized as a statistical summary of major indicators, the report is designed to inform about recent developments in the Canadian economy, highlighting major changes in the economic data during the first half of 2014. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available in CANSIM on September 16, 2014.
Release date: 2014-09-26 - Articles and reports: 15-206-X2014037Description:
This paper presents estimates of effective multifactor productivity (MFP) growth for Canada, the United States, Australia, Japan and selected European Union (EU) countries, based on the EU KLEMS productivity database and the World Input-Output Tables. Effective MFP growth captures the impact of the productivity gains in upstream industries on the productivity growth and international competitiveness of domestic industries, thereby providing an appropriate measure of productivity growth and international competitiveness in the production of final demand products such as consumption, investment and export products. A substantial portion of MFP growth, especially for small, open economies such as Canada’s, is attributable to gains in the production of intermediate inputs in foreign countries. Productivity growth tends to be higher in investment and export products than for the production of consumption products. Technical progress and productivity growth in foreign countries have made a larger contribution to production growth in investment and export products than in consumption products. The analysis provides empirical evidence consistent with the hypothesis that effective MFP growth is a more informative relevant indicator of international competitiveness than is standard MFP growth.
Release date: 2014-09-09 - Articles and reports: 11-626-X2014034Geography: CanadaDescription:
This article in the Economic Insights series provides users with an integrated summary of recent changes in output, employment, household demand, international trade and prices. Organized as a statistical summary of major indicators, the report is designed to inform about recent developments in the Canadian economy, highlighting changes in the economic data during late 2013 and early 2014. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available in CANSIM on March 18, 2014.
Release date: 2014-03-28 - Articles and reports: 11-621-M2014092Geography: CanadaDescription:
This paper examines the evolution of Canadian manufactured goods exported between 2002 and 2012. This period was characterized by several economic events and the analysis of changes in manufacturing exports provides a better understanding on how the manufacturing sector has evolved during the past decade.
Additionally, this paper analyzes trends in the composition of exports and the distribution of foreign importers of Canadian manufactured goods between 2002 and 2012. It also examines the change in the export intensity throughout 21 key industries of the manufacturing sector.
Release date: 2014-03-19
Reference (2)
Reference (2) ((2 results))
- Notices and consultations: 13-605-X201400414107Description:
Beginning in November 2014, International Trade in goods data will be provided on a Balance of Payments (BOP) basis for additional country detail. In publishing this data, BOP-based exports to and imports from 27 countries, referred to as Canada’s Principal Trading Partners (PTPs), will be highlighted for the first time. BOP-based trade in goods data will be available for countries such as China and Mexico, Brazil and India, South Korea, and our largest European Union trading partners, in response to substantial demand for information on these countries in recent years. Until now, Canada’s geographical trading patterns have been examined almost exclusively through analysis of Customs-based trade data. Moreover, BOP trade in goods data for these countries will be available alongside the now quarterly Trade in Services data as well as annual Foreign Direct Investment data for many of these Principal Trading Partners, facilitating country-level international trade and investment analysis using fully comparable data. The objective of this article is to introduce these new measures. This note will first walk users through the key BOP concepts, most importantly the concept of change in ownership. This will serve to familiarize analysts with the Balance of Payments framework for analyzing country-level data, in contrast to Customs-based trade data. Second, some preliminary analysis will be reviewed to illustrate the concepts, with provisional estimates for BOP-based trade with China serving as the principal example. Lastly, we will outline the expansion of quarterly trade in services to generate new estimates of trade for the PTPs and discuss future work in trade statistics.
Release date: 2014-11-04 - Surveys and statistical programs – Documentation: 13-605-X201400214100Description:
Canadian international merchandise trade data are released monthly and may be revised in subsequent releases as new information becomes available. These data are released approximately 35 days following the close of the reference period and represent one of the timeliest economic indicators produced by Statistics Canada. Given their timeliness, some of the data are not received in time and need to be estimated or modelled. This is the case for imports and exports of crude petroleum and natural gas. More specifically, at the time of release, energy trade data are based on an incomplete set of information and are revised as Statistics Canada and National Energy Board information becomes available in the subsequent months. Due to the increasing importance of energy imports and exports and the timeliness of the data, the revisions to energy prices and volumes are having an increasingly significant impact on the monthly revision to Canada’s trade balance. This note explains how the estimates in the initial release are made when data sources are not yet available, and how the original data are adjusted in subsequent releases.
Release date: 2014-10-03
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