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Description: This publication presents an overview of the economic developments reported in Canada's national accounts for the most recent quarter, and is no longer being released. The overview covers several broad areas: 1) gross domestic product (GDP) by income and by expenditure; 2) GDP by industry; 3) balance of international payments accounts; 4) labour productivity and other related variables; 5) international investment position; and, 6) national balance sheet accounts.

Description:

The Provincial and Territorial Culture Satellite Account (PTCSA) measures the economic importance of culture and sport in terms of output, gross domestic product and employment across Canada for reference year 2010. The PTCSA is a product of both the 2011 Canadian Framework for Culture Statistics (CFCS) and the Canadian System of National Accounts (CSNA). The CFCS provides the guiding principles to define and identify cultural economic activity, whereas the CSNA provides the mechanism and data to derive the estimates. The PTCSA is an extension of the Canadian Culture Satellite Account.

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This article provides an estimate of Gross Domestic Product (GDP) excluding expenditures on energy related products and compares it to total GDP.

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Estimates of the underground economy by province and territory for the period 2007 to 2012 are now available for the first time. The objective of this technical note is to explain how the methodology employed to derive upper-bound estimates of the underground economy for the provinces and territories differs from that used to derive national estimates.

Description:

Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of Gross Domestic Product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.

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This article in the Economic Insights series presents estimates of census metropolitan area gross domestic product (GDP) from 2001 to 2009. It examines the level of metropolitan area GDP, the contribution of metropolitan areas to national GDP, and how GDP per capita varies across metropolitan areas.

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Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 2011 to 2013 have been released along with those for the first and second quarters of 2014. These revised estimates incorporate the most current source data and seasonal patterns.

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This paper examines the investment performance of Canada and the United States, exploring similarities and differences in investments in fixed assets over the 1990-to-2011 period. This is a period when the two countries experienced different shocks. The United States suffered from a major decline in its housing markets after 2007 that did not hit Canada. The world-resource boom in the post-2000 period had a greater impact on Canada than it did on the United States. The Canada–United States exchange rate appreciated dramatically after 2003 thereby making imported machinery and equipment relatively less expensive in Canada.

The comparison is primarily based on investment intensity, measured as the ratio of nominal dollar investment to nominal gross domestic product (GDP), but rates of growth of the volume of investment relative to the volume of GDP are also compared.

Description:

The Culture Satellite Account (CSA) measures the economic importance of culture and sport in Canada. The CSA extracts economic information on culture and sport from the System of National Accounts (SNA). It uses the same measures of inputs, outputs, and GDP as the System of National Accounts, and reorganizes information on culture following the Canadian Framework for Culture Statistics 2011 (CFCS).

Description:

This paper reports on the Provincial-Territorial Human Resource Module of the Tourism Satellite Account, 2012 developed by Statistics Canada. This study provides detailed information on employment related to tourism in Canada by province and territory. Information on wages and salaries, number of jobs and hours worked by occupation is included. The data are also disaggregated by age, sex and immigration status. This study provides a resource for training and planning for tourism in Canada. The report is based upon data published as of November 20, 2013.

This study was prepared by Terrence Martin of the Satellite Accounts and Special Studies Section, National Economic Accounts Division, Statistics Canada. The study was funded through a partnership agreement with the Canadian Tourism Human Resource Council.

Description: Canada at a Glance presents current statistics on Canadian society, including subjects such as the population, education, health, prices and the economy, among others. Updated yearly, this booklet is a very useful reference for those who want quick access to a current statistical portrait of Canada.

Description: The Gross Domestic Product by Income and by Expenditure Accounts record the production of goods and services in the economy, the incomes arising from this production, expenditures on production and the resulting saving (dissaving) and investment. This interactive tool facilitates easy access to the numerous data sets in these accounts. The tool highlights the latest results with time series for certain components.

Description: The National Culture Indicators Dashboard is an interactive tool that provides access to current and historical quarterly data on culture and sport Gross Domestic Product (GDP), output and jobs. The National Culture Indicators are an extension of the Provincial and Territorial Culture Satellite Account and the Provincial and Territorial Culture Indicators. The tool allows users to compare data on culture and sport, in Canada, by domains and subdomains.

Description: The infrastructure economic accounts represents a set of statistical statements that record the economic, social and environmental impacts related to the production and use of infrastructure in Canada and each province and territory. The infrastructure economic accounts are organized using a statistical framework that outlines the concepts, classification systems and methods required to construct the accounts. This statistical framework is consistent with the Canadian system of national accounts, Canadian government finance statistics and Canada's balance of payments. This consistency permits users to analyze the infrastructure related statistical statements in the context of economy wide measures such as investment, gross domestic product (GDP), national income and wealth.

Description: With this interactive tool, users can see the changes in Gross domestic product (GDP) at basic prices over time, at the provincial and territorial levels, using a detailed approach by industry as defined by North American Industry Classification System (NAICS) Canada 2017 version 3.0. GDP by industry at basic prices is a measure of the economic production of Canada’s provinces and territories. The values in the visualization tool are presented as percent change in chained (2017) dollars and by contributions to the percentage change, by selected industries. For more information on this program, please see Gross Domestic Product by Industry - Provincial and Territorial (Annual). As a supplement to the GDP by industry data, please also consult the following visualization product: Provincial and territorial economic accounts: Interactive tool.

Description: This interactive dashboard provides access to current and historical gross domestic product (GDP) and international trade values in Canada's environmental and clean technology products sector. With its interactive map and charts, it allows the user to compare and analyze this sector's GDP, imports and exports by province and territory and by product.

This web-based application is updated annually, once the data for the latest reference period is released in The Daily.

Description: This interactive tool allows for custom manipulation and visualization of data sourced from the Pension Satellite Accounts. The interactive tool contains information on different pension types, contributions, investment income, withdrawals and revaluations. By clicking within the tool you will be able to filter through information on various pension estimates.

Description: This interactive tool allows for custom manipulation and visualization of data sourced from the Provincial and Territorial Economic Accounts. The overview covers three broad areas: gross domestic product (GDP) by income, by expenditure and by industry. By clicking within the tool you will be able to filter, highlight and select various provincial and territorial economic aggregations.

Description: The Provincial and Territorial Tourism Satellite Account (PTTSA) provides an economic measure of the importance of tourism in terms of expenditures, gross domestic product and employment for each of the provinces and territories. It permits a comparison of tourism with other industries within a province or territory since the concepts and methods used are based on the framework of the Canadian System of National Accounts.

Description:

This product enhances the industrial detail available for the agricultural and agri-food manufacturing sector within the national accounting framework. This detail allows users to analyze the supply and use of products across a broader range of farming and processing activities as well as facilitate the comparison of economic relationships and impacts across more industries than is possible in the core supply and use tables.

Description: This article takes a closer look into the largest contributors and detractors to growth in each province and territory in 2023. Using data from the May 1, 2024 provincial and territorial GDP by industry release as a starting point, a more comprehensive picture of each jurisdiction’s 2023 economic performance is presented by integrating other economic indicators such as population, prices and labour market measures, and by examining the context in which industries grew or contracted during the reference period.

Description: This article provides perspectives on the extent to which recent changes in gross domestic product per capita represent a departure from their long-term trend and discusses factors that have facilitated per capita growth in previous decades.

Description: This article describes the reasons why updates (revisions) are made to Canada's GDP estimates. It provides an overview of the way that the monthly, quarterly, and annual GDP products are revised as more comprehensive data and better statistical methods are used to compile the statistics.

Description: This paper spans the academic work and estimation strategies used in national statistics offices. It addresses the issue of producing fine, grid-level geography estimates for Canada by exploring the measurement of subprovincial and subterritorial gross domestic product using Yukon as a test case.

Description: This article presents revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2020 to 2022 period. These revisions were reflected in the 2022 Provincial and Territorial Economic Accounts estimates, released on November 8, 2023.

Description: This research study examines the economic impact of the semiconductor industry in Canada in 2020 as it relates to several economic concepts, such as sales and revenue, employment, research and development, and international trade. The study is based on a custom list of 561 firms in the industry provided by Innovation, Science and Economic Development Canada.

Description: The Canadian Economic Tracker, released on May 16th 2023, is a new data visualization tool combining selected monthly indicators of economic activity from Statistics Canada’s Common Output Database Repository (CODR) into a unified, customizable interface. The Tracker includes six indicators: business openings and closures, employment and weekly earnings, job vacancies and vacancy rates, gross domestic product, the consumer price index, and the industrial product price index. Each data release for these series is automatically incorporated into the Tracker, ensuring that the statistics remain timely and up to date. This article is the first in a series which will uncover insights that can be collected from the Canadian Economic Tracker.

Description: This analysis serves as a more in-depth look into the largest contributors and detractors to growth in each province and territory and supports the data published in The Daily on May 1, 2023.

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 revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2019 to 2021 period. These revisions were reflected in the 2021 Provincial and Territorial Economic Accounts estimates, released on November 8, 2022.

Description: This product contains articles related to the latest methodological, conceptual developments in the Canadian System of Macroeconomic Accounts as well as the analysis of the Canadian economy. It includes articles detailing new methods, concepts and statistical techniques used to compile the Canadian System of Macroeconomic Accounts. It also includes information related to new or expanded data products, provides updates and supplements to information found in various guides and analytical articles touching upon a broad range of topics related to the Canadian economy.

Description:

This article describes the upcoming revisions (November 2019) in the Canadian Macroeconomic Accounts resulting from the inclusion of illegal cannabis production, consumption and distribution as well as statistical revisions of the international travel services. The paper highlights the impact of these revisions on Gross Domestic Product (GDP) and the balance of international payments (BOP).

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An explanation of the structure and concepts of Canada’s income and expenditure accounts.

Description:

Estimates of the underground economy by province and territory for the period 2007 to 2012 are now available for the first time. The objective of this technical note is to explain how the methodology employed to derive upper-bound estimates of the underground economy for the provinces and territories differs from that used to derive national estimates.

Description:

Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of Gross Domestic Product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.

Description:

This report highlights the revisions to the quarterly estimates of labour productivity and associated variables in the business sector resulting from the historical revision of the national gross domestic product by income and by expenditure accounts (NIEA) released on October 1st, 2012.

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Macroeconomic data for Canada, including Canada's National Accounts (gross domestic product (GDP), saving and net worth), Balance of International Payments (current and capital account surplus or deficit and International Investment Position) and Government Financial Statistics (government deficit and debt) are based on international standards. These international standards are set on a coordinated basis by international organizations including the United Nations, the Organisation for Economic Cooperation and Development (OECD), the International Monetary Fund (IMF), the World Bank and Eurostat, with input from experts around the world. Canada has always played an important role in the development and updating of these standards as they have transformed from the crude guidelines of the early to mid 20th century to the fully articulated standards that exist today.

The purpose of this document is to introduce a new presentation of the quarterly National Accounts (Income and Expenditure Accounts, Financial Flow Accounts and National Balance Sheet Accounts) that will be published with the conversion of the Canadian National Accounts to the latest international standard - System of National Accounts 2008.

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This article discusses the revision policy of the Canadian System of National Accounts

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Measures of productivity are derived by comparing outputs and inputs. The System of National Accounts (SNA) in Canada provides a useful framework for organizing the information required for comparisons of this type. Integrated systems of economic accounts provide coherent, consistent alternate estimates of the various concepts that can be used to measure productivity.

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.