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  • 1. Real production and real income growth over the COVID-19 pandemic
    Articles and reports: 36-28-0001202300400004
    Description: The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF). Typically, real consumption and real GFCF are expected to progress similarly to real gross domestic product (GDP), however during the period covered by the COVID-19 pandemic, real consumption and real GFCF grew at a stronger pace than real GDP. This article illustrates how examining real income rather than real production can address this paradox. Specifically, the roles of changes in production (the use of capital, labour and multifactor productivity used to produce real GDP) and changes in non-production sources of real income growth (the trading gain and net income from abroad) are examined.
    Release date: 2023-05-08
  • 2. Real wages and productivity during the COVID-19 pandemic
    Articles and reports: 36-28-0001202201000002
    Description: Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total compensation per hour worked) has lagged behind labour productivity growth in recent years. It examines whether the result is sensitive to differences in the definition of real wages.
    Release date: 2022-10-27
  • 3. Changes to the Flows and Stocks of Fixed Capital
    Notices and consultations: 13-605-X201400314106
    Description:

    The methodology for estimating the Flows and Stocks of Fixed Capital has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.

    Release date: 2014-10-17
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  • 1. Real production and real income growth over the COVID-19 pandemic
    Articles and reports: 36-28-0001202300400004
    Description: The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF). Typically, real consumption and real GFCF are expected to progress similarly to real gross domestic product (GDP), however during the period covered by the COVID-19 pandemic, real consumption and real GFCF grew at a stronger pace than real GDP. This article illustrates how examining real income rather than real production can address this paradox. Specifically, the roles of changes in production (the use of capital, labour and multifactor productivity used to produce real GDP) and changes in non-production sources of real income growth (the trading gain and net income from abroad) are examined.
    Release date: 2023-05-08
  • 2. Real wages and productivity during the COVID-19 pandemic
    Articles and reports: 36-28-0001202201000002
    Description: Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total compensation per hour worked) has lagged behind labour productivity growth in recent years. It examines whether the result is sensitive to differences in the definition of real wages.
    Release date: 2022-10-27
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  • 1. Changes to the Flows and Stocks of Fixed Capital
    Notices and consultations: 13-605-X201400314106
    Description:

    The methodology for estimating the Flows and Stocks of Fixed Capital has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.

    Release date: 2014-10-17

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