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Description:

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.

Description:

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.

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This article reviews trends in the manufacturing sector in 2013. Manufacturing sales are examined at the industry level, along with other relevant variables. Important drivers, such as price changes are also presented.

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This video provides an overview of the Consumer Price Index (CPI). It defines the CPI and looks at what it measures and how it is used.

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This Economic Insights article presents new data on the relative prices of Canadian and U.S. products, focusing on various classes of goods and services. It also evaluates the extent to which changes in these relative prices correlate with movements in the nominal exchange rate. The comparative price estimates are based on data from Statistics Canada’s Purchasing Power Parity program.

Description:

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.

Description: This product provides an overview of trends in the motion picture theatres industry. It provides users with information required for making corporate decisions, monitoring programs and reviewing policies. The tables focus on financial and operating data.

Description:

Canada's oil reserves are concentrated in three Canadian provinces: Alberta, Saskatchewan, and Newfoundland and Labrador. Oil prices received by Canadian oil producers more than doubled between 2001 and 2008. The proportion of young men employed in the oil industry differs markedly across provinces and education levels. Taken together, these facts suggest that the increases in world oil prices observed between 2001 and 2008 may have induced cross-educational and cross-provincial variation in labour demand and male wage growth in Canada. Using data from the Canadian Labour Force Survey, this study exploits this variation in wage growth in order to estimate the elasticity of young men's labour market participation and school enrollment with respect to wages.

Description:

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 the first half of 2013. Unless otherwise noted, the tabulations presented in this report are based on seasonally-adjusted data available in CANSIM on September 17, 2013.

Description:

This article reviews trends in the manufacturing sector in 2012. Manufacturing sales are examined at the industry level along with other relevant variables. Important drivers, such as price changes and capital expenditures are also presented.

Description:

This publication contains data from 1976 to date for major livestock series: cattle and calves, hogs, sheep and lambs, wool, furs, trade and prices, stocks of frozen meats, and apparent per capita meat consumption. Data highlights are also included. New and revised estimates for these data are released four times a year.

Description: In the 1997 edition, new and revised benchmarks were introduced for 1992 and 1988. The indicators are used to monitor supply, demand and employment for tourism in Canada on a timely basis. The annual tables are derived using the National Income and Expenditure Accounts (NIEA) and various industry and travel surveys. Tables providing actual data and percentage changes, for seasonally adjusted current and constant price estimates are included. In addition, an analytical section provides graphs, and time series of first differences, percentage changes, and seasonal factors for selected indicators. Data are published from 1987 and the publication will be available on the day of release. New data are included in the demand tables for non-tourism commodities produced by non-tourism industries and in the employment tables covering direct tourism employment generated by non-tourism industries. This product was commissioned by the Canadian Tourism Commission to provide annual updates for the Tourism Satellite Account.

Description:

This publication, prepared in conjunction with the Canadian Grain Commission, provides a comprehensive look at the past crop year. Included are key data series on production, stocks, cash and future prices, crop quality, domestic processing, grain handlings and detailed supply-disposition analyses. A written overview summarizes the year's market conditions, domestically and internationally.

Description:

This occasional on-line bulletin series presents price indexes published by the Goods and Services Producing Industries Section, Prices Division. Each issue will contain different service price indexes.

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Over the past few decades, the fight against pollution of the environment has gone from the fringe to being fashionable to being controversial and, perhaps, even considered to be life threatening. A great debate now rages worldwide with regards to human-generated greenhouse gas emissions (GHG) and their impact on the environment.

Description: The Prices Analytical Series provides research and analysis pertaining to price indices. The Analytical series is intended to stimulate discussion on a variety of topics related to the analysis of the evolution of prices through time or space.

Description: This technical guide describes the estimation of the Residential Renovation Price Index (RRPI). It explains the component cost methodology, the aggregation structure, and the data sources used to derive price relatives that are appropriately aggregated to estimate the index. The RRPI measures the quarterly change over time in the prices that contractors charge to complete a range of residential renovation projects.

Description: This infographic details the food supply chain by focusing on the price movements for wheat-based food products in 2023 and the costs to move food products from producers to consumers. Since March 2022, some costs along the supply chain have declined while others remained elevated. Prices for bread, pasta and cereal at the grocery store continued to increase in 2023 but at a slower pace compared with 2022.

Description: This paper looks at how profitability has evolved for key Canadian industries from 2017 to 2022. A specific focus is given to the post-lockdown period between the second quarters of 2021 and 2022, during which year-over-year inflation exceeded the Bank of Canada’s inflation-control target range ceiling of 3%. In addition to industry-wide trends, energy and food sectors are analyzed given their day-to-day relevance for Canadians.

Description: This paper describes the composition of the Consumer Price Index (CPI) basket and the changes introduced with the 2023 basket update, based on 2022 expenditure weights.

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.

Description: This article presents the data sources and methodology for the Couriers and Messengers Services Price Index (CMSPI). The CMSPI measures the monthly change in the price of shipping services provided to households and businesses by delivery companies in Canada. The index is an indicator of economic activity within the courier and messenger services industry, as well as a tool that can be utilized by the industry for cost monitoring, contract assessment and benchmark comparisons.

Description: This infographic details the food supply chain by focusing on the price movements for wheat-based food products in March 2022, and the costs to move food products from producers to consumers.

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.

Description: To better understand the unprecedented volatility in lumber prices and the ensuing price transmission, this analysis evaluates the price movements across the domestic supply chain for lumber since the summer of 2020 using producer price indexes.

Description:

The Farm Product Price Index (FPPI) is a monthly series that measures the changes in prices that farmers receive for the agriculture commodities they produce and sell.

The FPPI was discontinued in March 1995; it was revived in April 2001 owing to continued demand for an index of prices received by farmers.

Description:

Like most statistical agencies, Statistics Canada publishes three Gross Domestic Product (GDP) series. These are the output-based GDP, the income-based GDP and the expenditure-based GDP. This document is aimed at describing the concepts, definitions, classifications and statistical methods underlying the output-based GDP series, also known as GDP by industry or simply monthly GDP.

The report is organized into seven chapters. Chapter 1 defines what GDP by industry is, describes its various uses and how it connects with the other components of the Canadian System of National Accounts. Chapter 2 deals with the calculation of the GDP by industry estimates. Chapter 3 examines industry and commodity classification schemes. Chapter 4 discusses the subject of deflation. The choice of deflators, the role of the base year and the method of rebasing are all addressed in this chapter. Chapter 5 looks at such technical issues as benchmarking, trading day and seasonal adjustment. Chapter 6 is devoted to the presentation of the GDP by industry, detailing the format, release dates and modes of dissemination, as well as the need and the frequency of revising the estimates. Finally, Chapter 7 reviews the historical development of monthly GDP from 1926 to the present.

Description:

The Provincial Economic Accounts will adopt the Fisher Volume Index, chained annually, as the official measure of real expenditure-based GDP. This change will be incorporated into the affected series back to 1981.

Description:

As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Change in valuation from factor cost to basic prices.

Description:

As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Change in valuation from factor cost to basic prices.

Description:

Electricity rates that vary by time-of-day have the potential to significantly increase economic efficiency in the energy market. A number of utilities have undertaken economic studies of time-of-use rates schemes for their residential customers. This paper uses meta-analysis to examine the impact of time-of-use rates on electricity demand pooling the results of thirty-eight separate programs. There are four key findings. First, very large peak to off-peak price ratios are needed to significantly affect peak demand. Second, summer peak rates are relatively effective compared to winter peak rates. Third, permanent time-or-use rates are relatively effective compared to experimental ones. Fourth, demand charges rival ordinary time-of-use rates in terms of impact.