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  • 1. Changes in the Composition of Aggregate Investment Archived
    Articles and reports: 11-626-X2013022
    Geography: Canada
    Description:

    This Economic Insights article reports on the composition of capital expenditures in Canada. It highlights major changes in the distribution of aggregate capital spending over the last decade, as investments in structural assets accelerated in resource-based regions. The article also discusses the new preliminary actual estimates for 2012 and the investment intentions for 2013. It is one of a series of Economic Insights articles designed to facilitate ongoing assessments of the Canadian economy.

    Release date: 2013-02-27
  • 2. Canada Year Book
    Journals and periodicals: 11-402-X
    Geography: Canada
    Description:

    Presented in almanac style, the 2012 Canada Year Book contains more than 500 pages of tables, charts and succinct analytical articles on every major area of Statistics Canada's expertise. The Canada Year Book is the premier reference on the social and economic life of Canada and its citizens.

    Release date: 2012-12-24
  • 3. Housing Market Prices in Canada: The Year 2009 in Review Archived
    Articles and reports: 11-621-M2010086
    Geography: Canada, Province or territory
    Description:

    This study examines changes in housing market prices in Canada in 2009 using the New Housing Price Index, home resale prices, number of resale units, and data on the number of new units approved by municipalities. It highlights changes in housing market prices from 2005 to 2009 in the provinces and major cities.

    Release date: 2010-06-17
  • 4. Age of Education Infrastructure: Recent Trends Archived
    Articles and reports: 11-621-M2009081
    Geography: Canada
    Description:

    This study provides a first look at recent trends in the average age of education buildings in Canada and the provinces. It compares the average age with the useful life of education buildings at the elementary-secondary, college and university levels.

    Release date: 2009-09-03
  • 5. Skilled trades employment Archived
    Articles and reports: 75-001-X200811013217
    Geography: Canada
    Description:

    Education and training continue to be important in the labour market. To many, this implies a university degree. But society also needs tradesworkers to perform many vital tasks -- build houses, run the electrical lines, fix plumbing and maintain cars to name just a few. Many businesses are reporting difficulties finding skilled tradespersons and governments are responding with policies to stimulate employment in the trades. Employment trends in selected trades over the past 20 years are examined, along with the socio-economic traits of the workers and the characteristics of their jobs.

    Release date: 2008-12-18
  • 6. An Examination of Public Capital's Role in Production Archived
    Articles and reports: 11F0027M2008050
    Geography: Canada
    Description:

    This paper examines whether or not the long-term government bond rate could reasonably be employed as the rate of return on public capital when calculating public sector gross domestic product. It finds that the rate of return on public capital is lower than often reported and is roughly consistent with the rate of return on private capital. Given that there is a range of estimates that are plausible, the paper concludes that the long-run government bond rate could be used as a conservative estimate for the rate of return for public infrastructure.

    Previous studies have shown that production function estimates tend to find rates of return that are implausibly large, while cost function estimates appear more reasonable. This paper shows that public capital and total factor productivity (TFP) growth behave similarly, and argues that production function estimates for the impact of public capital overstate its impact as a result, catching part of what belongs in estimates of TFP. It also shows that the similarity between the growth in public capital and TFP leads to a large confidence interval around public capital elasticity estimates derived from the production function framework. The paper then proceeds by generating a confidence interval from the production function estimated first with and then without TFP growth. It then uses a cost function to pinpoint more precisely estimates for the marginal cost savings from public capital. Importantly, the estimate derived from the cost function is found in the lower part of the confidence interval derived from the production function. The rate of return associated with the overlapping estimates is then shown to cover a range that extends from the average long-run government bond rate to the rate of return on private capital.

    Release date: 2008-04-15
  • 7. From Roads to Rinks: Government Spending on Infrastructure in Canada, 1961 to 2005 Archived
    Articles and reports: 11-624-M2008019
    Geography: Canada
    Description:

    The overall growth of government-owned infrastructure has been very similar across most regions over the past 44 years. With the exception of the Atlantic Provinces, the range of average annual capital growth from one region to the next has been very narrow, falling between 1.8% and 2.2% since 1961, according to a new study released in September 2007 in the Canadian Economic Observer.

    Since 2000, governments have increased their infrastructure capital more than at any time since the 1960s and 1970s. However, the growth has not been strong enough to prevent more and more signs of wear in our infrastructure (the data are net of depreciation and in constant 1997 dollars). This is due to cuts in the 1990s when governments were grappling with significant budgetary deficits, as well as many of the assets built in the post-war infrastructure boom reaching the end of their life span.

    This study analyses, from 1961 to 2005, government investment in infrastructure by different levels of government and type of asset by region.

    Release date: 2008-02-07
  • 8. From roads to rinks: Government spending on infrastructure in Canada, 1961 to 2005 Archived
    Articles and reports: 11-010-X200700910332
    Geography: Canada
    Description:

    This article finds that the volume of infrastructure capital has rebounded since 2000 after two decades of neglect. While infrastructure growth has been similar across regions, there are sharp differences in the type of asset targeted by the regions, especially when spending slowed after 1980.

    Release date: 2007-09-13
  • 9. The Age of Public Infrastructure in Canada Archived
    Articles and reports: 11-621-M2006035
    Geography: Canada
    Description:

    This study looks at the average age of the four main components of public infrastructure in Canada: roads and highways, sewer systems, wastewater treatment facilities, and bridges. This study covers the 1963 to 2003 period for the three levels of government.

    Release date: 2006-01-30
  • 10. Long-run cycles in business investment Archived
    Articles and reports: 11-010-X20050098623
    Geography: Canada
    Description:

    Cycles in business investment are a key determinant of overall growth, as they are longer-lasting and stronger than in other sectors. Canada is currently in the early stages of an upturn in investment, driven by the revival of the resource sector.

    Release date: 2005-09-15
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