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All (3) ((3 results))

  • Articles and reports: 11F0027M2007046
    Geography: Province or territory
    Description:

    This paper examines the impact of import and export price changes on economic welfare in Canada, and in each of the provinces. It examines how terms of trade shifts and fluctuations in the ratio of traded to non-traded goods prices affect the purchasing power of domestic production. Terms of trade shifts are shown to have a larger impact in the short-run. Moreover, the paper shows that failing to account for terms of trade shifts, when analysing macroeconomic data, can lead to misinterpretations about the sources of growth or decline in consumption, investment and imports. The magnitude and direction of terms of trade fluctuations, and their impacts, vary by province and over time. Changes in commodity prices are shown to have important effects. The effect of terms of trade shifts is largest in Alberta and Newfoundland and Labrador, while Manitoba is relatively unaffected.

    Release date: 2007-07-24

  • Articles and reports: 11-010-X20070049615
    Geography: Province or territory
    Description:

    Canadians proved increasingly adaptable to the changes in the economy, moving to Alberta in increasing numbers to find jobs while at the same time responding to the challenge of an aging population and globalization.

    Release date: 2007-04-12

  • Articles and reports: 15-206-X2007007
    Geography: Province or territory
    Description:

    Productivity statistics garner much attention because they are key indicators of economic progress. This paper reports on the average growth in provincial labour productivity from 1997 to 2005. It examines how medium-term differences in productivity growth have affected the relative levels of labour productivity in different provinces. The data show that the relative position of most provinces has remained fairly stable over the 1997-to-2005 period when benchmarked against changes in the national average. The notable exception is Newfoundland and Labrador, which experienced much stronger average productivity growth during this period than other provinces. This growth substantially improved its relative labour productivity when evaluated in real terms.

    The paper also examines the effect that a second factor - changes in the prices received for products - has had on nominal productivity differences between provinces. The data show that the resource-rich provinces of Alberta and Newfoundland and Labrador have benefited substantially from higher relative prices.

    Release date: 2007-01-15
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  • Articles and reports: 11F0027M2007046
    Geography: Province or territory
    Description:

    This paper examines the impact of import and export price changes on economic welfare in Canada, and in each of the provinces. It examines how terms of trade shifts and fluctuations in the ratio of traded to non-traded goods prices affect the purchasing power of domestic production. Terms of trade shifts are shown to have a larger impact in the short-run. Moreover, the paper shows that failing to account for terms of trade shifts, when analysing macroeconomic data, can lead to misinterpretations about the sources of growth or decline in consumption, investment and imports. The magnitude and direction of terms of trade fluctuations, and their impacts, vary by province and over time. Changes in commodity prices are shown to have important effects. The effect of terms of trade shifts is largest in Alberta and Newfoundland and Labrador, while Manitoba is relatively unaffected.

    Release date: 2007-07-24

  • Articles and reports: 11-010-X20070049615
    Geography: Province or territory
    Description:

    Canadians proved increasingly adaptable to the changes in the economy, moving to Alberta in increasing numbers to find jobs while at the same time responding to the challenge of an aging population and globalization.

    Release date: 2007-04-12

  • Articles and reports: 15-206-X2007007
    Geography: Province or territory
    Description:

    Productivity statistics garner much attention because they are key indicators of economic progress. This paper reports on the average growth in provincial labour productivity from 1997 to 2005. It examines how medium-term differences in productivity growth have affected the relative levels of labour productivity in different provinces. The data show that the relative position of most provinces has remained fairly stable over the 1997-to-2005 period when benchmarked against changes in the national average. The notable exception is Newfoundland and Labrador, which experienced much stronger average productivity growth during this period than other provinces. This growth substantially improved its relative labour productivity when evaluated in real terms.

    The paper also examines the effect that a second factor - changes in the prices received for products - has had on nominal productivity differences between provinces. The data show that the resource-rich provinces of Alberta and Newfoundland and Labrador have benefited substantially from higher relative prices.

    Release date: 2007-01-15
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