Financial flows and national balance sheet accounts

Description:

The Bank of Canada and Statistics Canada both produce aggregate measures of borrowing, or credit, for sectors of the Canadian economy. The Statistics Canada measures are part of the National Balance Sheet Accounts (NBSA), which cover the entire economy and directly align with the internationally recognized national accounting principles detailed in the United Nations System of National Accounts. They are available by sector as currently defined in the Canadian System of Macroeconomic Accounts. The NBSA are created using a balance sheet approach, which involves presenting the assets and liabilities for all instruments and sectors of the economy. In other words, for each instrument all holders of financial assets must have corresponding counterparties who hold the financial liabilities, and as such, the sum of these are equal in the aggregate. The Bank of Canada’s data are presented based on the issuer of credit, i.e., the holder of the financial assets, and do not display liabilities.

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description:

Statistics Canada regularly publishes macroeconomic indicators on household assets, liabilities and net worth as part of the quarterly National Balance Sheet Accounts (NBSA). These accounts are aligned with the most recent international standards and are the source of estimates of national wealth for all sectors of the economy, including households, non-profit institutions, governments and corporations along with Canada’s wealth position vis-a-vis the rest of the world. While the NBSA provide high quality information on the overall position of households relative to other economic sectors, they lack the granularity required to understand vulnerabilities of specific groups and the resulting implications for economic wellbeing and financial stability.

Description:

This article describes the revisions to the gross domestic product by income and by expenditure accounts, the financial flow accounts and the national balance sheet accounts introduced as part of the 2015 Comprehensive Revision of the Canadian System of Macroeconomic Accounts (CSMA). This exercise is conducted to strengthen the overall quality of the national accounts program and to introduce new concepts and classifications as recommended by updated international standards. The revisions are also harmonized with those of the corresponding accounts in the CSMA.

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: This paper outlines the methodology being used to integrate the value of selected natural resource assets into the quarterly sectored national balance sheet accounts. It responds to recommendations in the revised United Nations System of National Accounts to include these values in the balance sheet. The addition of these asset values will significantly increase and improve measures of sectoral net worth.

Description:

Statistical revisions are regularly applied to the Canadian System of Macroeconomic Accounts in order to incorporate the most current information from censuses, annual surveys, administrative statistics, public accounts, etc., and to implement improved estimation methods. Statistics Canada also conducts more comprehensive revisions to the Canadian System of Macroeconomic Accounts, which generally reflect new concepts, accounting treatments or methods. This paper outlines the scheduled revisions planned for 2013 to 2015.

Description:

This table contains 45 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (45 items: Gross saving and capital transfers; Discrepancy, income side (income and expenditure accounts); Capital consumption allowances; Saving; ...).

Description:

This table contains 32 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (32 items: Persons and unincorporated business; Consumer credit; Loans; Mortgages; ...).

Description:

This table contains 50 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (50 items: Persons and unincorporated business; Consumer credit; Loans; Mortgages; ...).

Description:

This table contains 31 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (31 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 29 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (29 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 31 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (31 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 31 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (31 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 27 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (27 items: Gross saving and capital transfers; Capital consumption allowances; Non-financial investment; Fixed capital; ...).

Description:

This table contains 18 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (18 items: Non-financial investment; Existing assets; Net lending or borrowing; Net financial investment; ...).

Description:

This table contains 15 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (15 items: Net financial investment; Net transactions in financial assets; Canadian currency and deposits; Foreign currency and deposits; ...).

Description:

This table contains 28 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (28 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 30 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (30 items: Gross saving and capital transfers; Capital consumption allowances; Saving; Non-financial investment; ...).

Description:

This table contains 16 series, with data for years 1961 - 2012 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Category flows (16 items: Net financial investment; Net transactions in financial assets; Canadian currency and deposits; Foreign currency and deposits; ...).

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: Release published in The Daily – Statistics Canada’s official release bulletin

Description: This documentation outlines the methodology used to develop the Distributions of household economic accounts published in January 2024 for the reference years 2010 to 2023. It describes the framework and the steps implemented to produce distributional information aligned with the National Balance Sheet Accounts and other national accounts concepts. It also includes a report on the quality of the estimated distributions.

Description: This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), introduced as part of the 2023 Comprehensive Revision. These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.

Description: This documentation outlines the methodology used to develop the Distributions of household economic accounts published in March 2023 for the reference years 2010 to 2022. It describes the framework and the steps implemented to produce distributional information aligned with the National Balance Sheet Accounts and other national accounts concepts. It also includes a report on the quality of the estimated distributions.

Description:

This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), introduced as part of the 2022 Comprehensive Revision. These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.

Description:

This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), that will be introduced as part of the 2022 Comprehensive Revision (slated for release in December 2022). These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). These planned revisions are intended to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.

Description:

This documentation outlines the methodology used to develop the Distributions of household economic accounts published in August 2022 for the reference years 2010 to 2021. It describes the framework and the steps implemented to produce distributional information aligned with the National Balance Sheet Accounts and other national accounts concepts. It also includes a report on the quality of the estimated distributions.

Description:

This article describes the revisions to the Financial Flow Accounts (FFA), the Other Changes in Assets Account (OCAA), and the National Balance Sheet Accounts (NBSA), collectively referred to as the Financial and Wealth Accounts (FWA), introduced as part of the 2021 Comprehensive Revision. These accounts are an integral part of the Canadian System of Macroeconomic Accounts (CSMA). This exercise was conducted to strengthen the overall quality and relevance of the FWA program and to introduce new concepts, methodologies, and classifications as recommended by international standards.

Description:

This documentation outlines the methodology used to develop the Distributions of household economic accounts published in September 2021 for the reference years 2010 to 2020. It describes the framework and the steps implemented to produce distributional information aligned with the National Balance Sheet Accounts and other national accounts concepts. It also includes a report on the quality of the estimated distributions.

Description:

Statistical revisions are regularly applied to the Canadian System of Macroeconomic Accounts in order to incorporate the most current information from censuses, annual surveys, administrative statistics, public accounts, etc., and to implement improved estimation methods. Statistics Canada also conducts more comprehensive revisions to the Canadian System of Macroeconomic Accounts, which generally reflect new concepts, accounting treatments or methods. This paper outlines the scheduled revisions planned for 2013 to 2015.

Description:

This note provides users with a reconciliation between Canadian and American measures of household disposable income, debt and the household credit market debt to disposable income ratio.

Description:

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.

Description:

This paper provides a preview of the comprehensive (historical) revision of the Canadian System National Accounts to be released beginning in June 2012. The last revision of this scope took place in 1997. The paper highlights the changes resulting from the adoption of SNA2008 which is the revised international standard for national accounting, along with statistical revisions arising from new and improved source data and methodologies. Updates to the classification systems used in the Canadian System of National Accounts are also presented along with a list of changes planned for 2014.

Description:

This note provides a brief explanation of the impact that the transition from reporting financial statements under Canadian Generally Accepted Accounting Principles (CGAAP) to the new, internationally unified financial accounting framework of the International Financial Reporting Standards (IFRS) will have on the Canadian Financial Flow Accounts and the National Balance Sheet Accounts estimates.

Description:

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

Description: This guide presents an overview of the scope and structure of the Pension Satellite Account as well as the methodology used to derive its stocks and flows estimates.

Description:

With the release of the Financial Flow Accounts (FFA) on December 1st and the National Balance Sheet Accounts (NBSA) on December 14th, the Income and Expenditure Accounts Division will be publishing revised sector and category detail on CANSIM.

Description:

Key financial instruments in the National Balance Sheet Accounts are now measured at market value.

Description:

This first release of the quarterly national balance sheet accounts is part of a joint effort with Canada's international investment position to provide users with more up to date and meaningful data.