National accounts and Gross Domestic Product

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Monthly credit aggregates for the household sector, by category.

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Monthly credit aggregates for the private non-financial corporations sector, by category.

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Monthly credit aggregates for the assets of the financial corporation sector, by category.

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Selected credit estimates including loans and debt securities and other financial instruments by creditor (lender) and debtor (borrower) sectors, seasonally adjusted and non-seasonally adjusted.

Description: The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables. The tables are available at the Detail level and at the Link 1997, Link 1961 and Summary aggregations.

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The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables.

Description:

The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables.

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

Description: Quarterly national balance sheet, financial flows, and other changes in assets accounts data presented in a from-whom-to whom basis for selected financial instruments.

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Debt service ratios, interest and obligated principal payments on debt, and related statistics for households, Canada.

Description: Gross Domestic Product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, monthly, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, all levels of industries, (dollars x 1,000,000), annual, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, volume measures, industry detail, (dollars x 1,000,000), monthly, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, growth rate and dollars, industry detail, (dollars x 1,000,000), monthly, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, volume measures, lowest industry levels only, (dollars x 1,000,000), annual average, 5 most recent time periods.

Description: Gross Domestic Product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, quarterly average.

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This table contains 21 series, with data for years 1986 - 2017 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada);  Prices (2 items: Current prices; 2007 constant prices);  Activities (7 items: Tourism gross domestic product (GDP); Total tourism industries; Transportation; Accommodation; ...);  Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted at quarterly rates).

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The value added in exports database provides data on the exports and imports of industries, as well as on the direct and indirect impact of each industry’s production for exports on industry and on total gross domestic product and jobs. Industry impacts can be viewed from the perspective of their incidence on other industries or from the perspective of an industry’s dependence on other industries. The data rely on the supply and use tables, which provide the basis for the calculations. Beginning with reference year 2013, a provincial and territorial dimension has been added to the measures. Imports embodied in exports have also been expanded to show their United States (US) and non-US origins.

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Monthly credit aggregates for the household sector, by category.

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

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Understanding intangible investments is essential for providing accurate measures of gross fixed capital formation (GFCF), gross domestic product (GDP) and productivity growth, and for understanding the innovation system. Statistical agencies need measures of intangible investment to produce economic statistics on aggregate activity that accurately measure concepts such as GDP, GFCF or savings. The levels of GDP, GFCF and savings will be underestimated to the extent that expenditures are incorrectly classified as intermediate inputs that are fully consumed during the period being measured—and not as investments that are not fully consumed during the period when the expenditures are incurred. Estimates for GDP and productivity growth rates may be similarly underestimated. This paper updates and expands upon the intangible capital estimates presented by Baldwin et al. (2009), who extended already measured intangibles (i.e., research and development [R&D], software, mineral exploration) to include additional asset classes consistent with international research on intangible capital measurement (see Corrado, Hulten and Sichel 2009).

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

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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 2019 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.

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Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 2016 to 2018 have been released. These revised estimates incorporate the most current source data and seasonal patterns.

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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.

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This article describes revisions of the Provincial and Territorial Gross Domestic Product (PTGDP) by industry program for the 2015 to 2017 period. These follow the November 8, 2018 release of the estimates for the program for the three reference years.

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

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This article in the Economic Insights series illustrates how real income progressed across the provinces from 1950 to 2016. The performance of the provinces is discussed using a new set of long-run estimates for real gross domestic income per capita. This new dataset allows, for the first time, trends in aggregate real income across the provinces to be examined for the last 66 years. Long-run data allow the amplitude of cycles across time to be demonstrated, and provide sufficient data to understand changes in trends in provincial economies that are sometimes subject to long commodity cycles.

Description: The need to measure both the desirable outputs (goods and services) and the undesirable outputs (emissions of greenhouse gases [GHGs] and criteria air contaminants [CACs]) from economic activity is becoming increasingly important as economic performance and environmental performance become ever more intertwined. Standard measures of multifactor productivity (MFP) growth provide insights into rising standards of living and the performance of economies, but they may be misleading if only desirable outputs are considered. This study presents estimates of environmentally adjusted multifactor productivity (EAMFP) growth using a new comprehensive database. This database contains information on GHG and CAC emissions, as well as on the production activities of Canadian manufacturers.

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As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Chain Fisher formula.

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A new accounting approach treats software as an investment was implemented in the Canadian System of National Accounts (SNA) during 2001. Preliminary estimates of software capital stocks were included for the first time in the National Balance Sheet Accounts (NBSA) released in March 2001. Software investment was then included in the gross domestic product (GDP) with the first quarter 2001 release (May 31, 2001) of the National Economic and Financial Accounts (NEFA). Later in the year, it was included in the Input-Output (I/O) Accounts, Provincial Economic Accounts (PEA) and the Industry Measures Accounts (IMA) with the release of October 30, 2001.

This mini historical revision brings Canada in line with a number of countries, including the United States and other G-7 member nations, who introduced software into their GDP over the last few years. It also brings Canada in line with the 1993 SNA recommendation that business and government acquisition of software be treated in national accounts as an investment as opposed to a current expense. Software is now treated like any other capital input that is used repeatedly in production over a year or more whereas, formerly, it was treated as if it were fully used up during the production period like any other intermediate input. This new accounting for software has raised the level of GDP, although the effects on GDP growth turn out to be relatively small.

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The work on Input-output (IO) tables in Canada started in the early 1960s. At the very beginning, it was decided that IO tables must fulfill several roles and provide: (a) an audit and management tool to improve economic statistics for their consistency, accuracy and comprehensiveness; (b) benchmarks for gross domestic product (GDP), its income side and components, its expenditures side and components and GDP by industry estimates, both at current prices and constant prices and (c) a framework for structural analysis.

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Under any degree of inflation, high or low, the values of changes in inventories (VPC) is generally different when it is calculated at the quarterly interval and the four quarters are aggregated into a year compared with its calculation done at the yearly interval. It is argued in this paper that it is an inherent problem as one of the basic axioms of annual accounts is violated, namely, the assumption of price homogeneity over an accounting period.

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This publication provides a description of the data sources and methods used to compile the input-output tables at constant prices. It includes a brief description of the accounting framework, an overview of the methods used for the major components of the tables and an outline of the techniques applied to each group of goods and services. It also distinguishes between the derivation of the gross domestic product by industry for the business sector and that of the non-business sector. Finally, it discusses some of the critical contemporary issues that are being addressed at the time of writing.

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With the release of the first quarter 2000 of the National Income and Expenditure Accounts the sectoring of federal and provincial government, non-autonomous pension plans has changed. These pension plans are now part of the personal sector. Previously these plans were included in either the federal or provincial government sector accounts.

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This paper deals with a problem in internationally comparable economic statistics, namely, the fact that countries measure value added by industry differently. The economic measure, value added, is important both in its own right and because it is a component of other economic measures such as productivity. Value added by industry measures the additional value created by a production process. This additional value, created by factors of production such as labour and capital, may be calculated either before or after deducting the consumption of fixed capital used in production. Thus, gross value added by industry is the value of its output of goods and services less the value of its intermediate consumption of goods and services and net value added as the value of output less the values of both intermediate consumption and consumption of fixed capital.

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A major revision of the Provincial Economic Accounts (PEA) was published at the time of the official release. The revision covered the time period 1992 to 1997 and brought the PEA in line with the National Economic and Financial Accounts (NEFA) published early in March.

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The 1993 System of National Accounts (SNA) was implemented in Canada in November 1997 and all national accounts series - annual, quarterly and monthly, both at current and constant prices - were revised back to 1961. There were changes in classification of sectors and transactions, concepts and methodology. As well, we removed the statistical breaks in earlier series that arose due to our revision policy. In the spring of every year, we revise, if necessary, our national accounts series for the latest four years. Statistical breaks for earlier periods are removed only at the time of historical revisions, such as the one done in November 1997. This was the fifth and the most comprehensive historical revision of the Canadian SNA series since 1961, the earlier ones were done in the late 1960s, the late 1970s, in 1985 and in 1990. As our historical revisions have been done almost every decade, and more frequently since the 1980s, statistical breaks in the Canadian system have remained only for a short period.

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This report examines the 1997 Canadian System of National Accounts (CSNA) and highlights the remaining differences from the 1993 SNA, thus providing a better understanding of the Canadian System vis-à-vis that of other countries. Our occasional departures from the 1993 SNA guidelines are primarily prompted by pragmatic considerations, such as institutional structure, statistical data sources, availability of resources and their cost-effective use.