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Description:

The expenditure-based gross domestic product (GDP) and associated components will be converted to a 2002 reference year for its volume and price estimates, effective May 31, 2007.

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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.

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This working paper outlines the results of a new study that notes that technology, prices and demography are key forces driving the economy in the nation's rural areas.

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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.

Description: The paper examines the pricing behaviour of 81 Canadian manufacturing industries from 1974 to 1996. It explores the domestic and foreign factors that affect price formation in Canada and the circumstances in which Canadian prices respond to foreign (U.S.) influences (the law of one price), as opposed to domestic factors (i.e., labour, energy costs and productivity growth). It finds that: (1) Canadian manufacturing prices are, on average, set using a mixture of a cost mark-up pricing rule and the law-of-one-price rule: both domestic factors (such as input prices and productivity) and foreign factors (such as competing U.S. prices) exert important influences on Canadian prices; (2) Canadian prices are more sensitive to U.S. prices if the industry faces higher import competition and if home and foreign products are less differentiated. Compared to prices of domestic products, prices of imported foreign products are more responsive to foreign prices. However, the price of imports also responds to Canadian prices; though this pricing-to-market phenomenon is reduced as imports increase in importance; (3) Industry differences exist. Domestic prices respond more to productivity changes in industries where competition is more intense and where products are more homogeneous. Imports respond more to domestic factors when they account for a smaller share of the domestic market; (4) As the pressure from foreign markets increases, in a period of an appreciating Canadian dollar, changes in prices are influenced more by fluctuations in foreign prices. In comparison, when the pressure from foreign markets decreases, in a period of a depreciating Canadian dollar, changes in Canadian prices are more responsive to input cost changes at home. Disequilibria that were generated by previous shocks are overcome more quickly during periods when the exchange rate appreciated.

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This study analyzes trends in crude oil prices, production and exports . Canada's imports of crude petroleum, which feed refineries in Eastern Canada are also analyzed.

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A brief overview of some agricultural events of 2005 with the goal to put into perpective this complex and changing Canadian agricultural industry - from farm gate consumer.

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This survey analyzes the highlights of consumer prices in 2005 focusing on the various components of the Consumer Price Index such as energy, services and durable goods, This study also looks at the provincial dimension and compares Canadian prices to other countries.

Description: Since the early 1990s, increased attention has been focused on the possibility that the rate of inflation may be being overstated as a result of measurement biases in the estimation of the Consumer Price Index (CPI). One source of this possible error is caused by outlet substitution bias. This type of distortion can result when consumers shift their patronage from one retail outlet to another. As superstores and warehouse type stores continue to open and capture a larger share of the market, the existing CPI sample could become increasingly unrepresentative. If the prices are lower at the new outlets and this decrease in costs is not accurately captured in the CPI, the index will exhibit an upward bias.

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Canada has reverted to its more traditional orientation over the last three years, as prophecies of a new, tech-driven economy have not been realized. Surging demand and prices for energy and mining products was the dominant theme of the year. All regions benefited from these changes.

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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.

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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.

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This article presents an analysis of the COVID-19 pandemic impact on the Canadian beef supply chain, from Ranch to Slaughter House, from Wholesale to Retail and from domestic market to Imports/Exports. The study uses various data sources from Statistics Canada and Agriculture and Agri-food Canada (AAFC) with main focus on wholesale services prices. This publication also uses data from the product-based development project for the Wholesale Services Price Index (WSPI) using the North American Product Classification System (NAPCS). This project is part of Statistics Canada's user-centric modernization initiative. The product-based WSPI data are not yet released to the public.

Note: The WSPI represents the change in the price of wholesale services, which is defined as the margin price (or margin). The margin is the difference between the average purchase price and the average selling price of a given product. It is not a wholesale selling price.

Description: A summary of methodological treatments as applied to the July 2020 CPI in response to the effects of the COVID-19 pandemic on price collection, price availability, and business closures.

Description: A summary of methodological treatments as applied to the June 2020 CPI in response to the effects of the COVID-19 pandemic on price collection, price availability, and business closure.

Description: Using various sources of expenditure data, Statistics Canada, in partnership with the Bank of Canada, has estimated Consumer Price Index (CPI) basket expenditures that reflect shifts in consumption patterns during the COVID-19 pandemic. The data cover the majority of CPI goods and services, and provide a snapshot estimate of expenditure weights for March, April and May, 2020. These estimates, updated to reflect recent expenditures during the pandemic and concurrent period of physical distancing, can provide insight into the impact of COVID-19 on the headline CPI.

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This article presents an impact analysis and 2020 outlook for the Wholesale Services Prices Index (WSPI) amid the COVID-19 pandemic. The WSPI represents the change in the price of wholesale services, which is defined as the margin price.

Description: A summary of methodological treatments as applied to the May 2020 CPI in response to the effects of the COVID-19 pandemic on price collection, price availability, and business closures.

Description: This article examines the behaviour of gold and silver price trends amid the COVID-19 pandemic.

Description: This paper describes the change to the method of collection and sample enhancements for the clothing and footwear component of the Consumer Price Index.

Description: This paper describes the changes in the methodology for measuring the air transportation index.

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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 2019 and into the summer months. Unless otherwise noted, the tabulations presented in this report are based on seasonally adjusted data available as of October 18, 2019.

Description: The Post Indexes are a collection of spatial price indexes for Government of Canada staff posted abroad that compare the cost of purchasing a fixed basket of goods and services between the post locations and Ottawa. These indexes are constructed as part of Foreign Service Directive 55.

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This Canadian Consumer Price Index (CPI) Reference Paper provides an overview the Canadian CPI. It is intended for a varied audience, ranging from users interested in general information to those requiring more technical or theoretical details. As such, it explains all the important aspects of the Canadian CPI: uses and interpretations, scope, classifications, sample strategy, price collection, index calculation, quality change, weights, basket updates, reliability and uncertainty, special cases and treatments and history.

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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.

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:

Statistics Canada produces monthly import and export merchandise trade price indexes. For the majority of these prices, Statistics Canada uses a variety of proxy measures to derive the price index in lieu of collecting observed import and export prices. The ability of these proxy measures to reflect international trade price movements during times of exchange rate volatility is limited. For this reason, the constant dollar trade estimates derived using these proxy price indexes have been refined with constant dollar adjustments following the appreciation of the Canadian exchange rate beginning at the end of 2002. This paper explains the rational and methodology behind these adjustments, as well as the impact on published trade and GDP estimates.

Description:

Effective with the 2006 Provincial Economic Accounts release on November 8, 2007, the expenditure-based gross domestic product (GDP) will be converted to a 2002 reference year for its volume and price estimates.

On October 31, 2007, the monthly gross domestic product (GDP) by industry estimates will use the North American Industry Classification System, NAICS 2002, and will convert to reference year 2002 for its volume estimates.

Description:

The National Tourism Indicators will be revised back to 2001 and their volume and price estimates converted to a 2002 reference year, effective June 29, 2007.

Description:

The expenditure-based gross domestic product (GDP) and associated components will be converted to a 2002 reference year for its volume and price estimates, effective May 31, 2007.

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This document describes the sources, concepts and methods utilized by the Canadian Productivity Accounts and discusses how they compare with their U.S. counterparts.

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This teacher's kit helps students understand how the Consumer Price Index (CPI) reflects price changes for the goods and services they buy.

The Custom Inflation Simulator is a Web-based resource that demonstrates how the many consumer goods and services in the 'basket' are used to calculate the CPI, and how consumption patterns differ from person to person. Using the simulator, students can also see the effect of individual price increases on overall inflation, in other words how each item in the basket is 'weighted' to reflect its importance in Canadians' consumption patterns.