National accounts and Gross Domestic Product

Description:

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.

Description:

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.

Description:

The changes made in this historical revision elaborate on the changes, over one hundred in all, made in the accounts. This paper updates an earlier report issued in August 1996 in several ways: decisions which did not involve any change in the accounts were pruned out; several new issues were added and many decisions were rewritten.

Description:

This report presents the changes made to one of the most important series, the current price gross domestic product (GDP). It includes 13 tables, one for each of the following topics:

personal expenditure on consumer goods and services;government current expenditure on goods and services; gross fixed capital formation, residential structures;gross fixed capital formation, non-residential structures;gross fixed capital formation, machinery and equipment;exports and imports of goods and services;wages, salaries and supplementary labour income; net income of unincorporated business; indirect taxes;subsidies; current price GDP expenditure; current price GDP income; and GDP changes, significant Items.

Description:

A historical revision of the National Economic and Financial Accounts was published on December 12, 1997. This historical revision had three goals.

Description:

This paper first conducts a general review of trusteed pension funds, their definition, assets and growth. It then focusses on the foreign assets of these funds.

Description:

The first of two features on the Northwest Territories and the Yukon, this article compares the North's economic and employment trends with those in the rest of the country. Occupation, industry and selected population characteristics are also studied.

Description:

About once every five years, the System of National Accounts (SNA) is rebased to keep up with the evolution of prices in the economy. In other words, its aggregates at constant prices are recalculated in terms of the prices of a more recent time. Also, the System is revamped about once a decade to introduce new accounting conventions, improved methods of estimation and revised statistical classifications. These revisions will change the gross domestic product (GDP) of the past 70 years. Both types of revision are presently underway, with their results scheduled for release next year.

This article takes an advance look at the likely effect of rebasing the SNA on the record of growth since 1992. It presents the results of an approximate rebasing of the expenditure-based GDP of the quarterly National Income and Expenditure Accounts (NIEA).

Description:

The International System of National Accounts 1993 (1993 SNA) was prepared and published under the auspices of the Inter-secretariat Working Group on National Accounts. This working group consists of the Statistical Office of the European Communities, the International Monetary Fund, the Organisation of Economic Co-operation and Development, the Statistical Division and regional commissions of the United Nations Secretariat, and the World Bank. The adoption of this document for universal implementation was unanimously recommended to the United Nations Economic and Social Council by its Statistical Commission at the 27th session, held in New York from February 22 to March 3, 1993. The plan for implementing the 1993 SNA system, however, does not seem to be as well organized as its production was.

Very detailed comments have been made on this document in two papers entitled 'The 1993 International System of National Accounts vis-à-vis The Canadian System of National Accounts,' and 'The 1993 International System of National Accounts and the Canadian Input-Output Tables.' In a summary fashion, the present paper highlights certain important areas where the Canadian System of National Accounts (CSNA) will need to revise its practices to conform to the 1993 SNA. The reader is encouraged to refer to these two papers for further details.

Description:

One of the most significant financial market trends is the increased use of derivative instruments. Across the entire investment spectrum, from private investors to major banks and large institutional fund managers, the use of derivative products is becoming encompassing. Derivatives can be broadly defined as secondary assets, the value of which changes in concert with price movements of a related or underlying primary asset. These instruments may be divided into four broad categories: futures, forwards, options and swaps. Trading on established exchanges, and very active in over-the-counter markets, derivative contracts have become fundamental tools in both domestic and international finance.

Description: This table contains 310 series, with data for years 1961 - 2000 (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 items: Canada ...) Standard Industrial Classification, 1980 (SIC) (310 items: All industries; Business sector; services; Business sector; goods; Business sector industries ...).

Description: This table contains 620 series, with data for years 1961 - 2001 (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 items: Canada ...) Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted ...) Standard Industrial Classification, 1980 (SIC) (310 items: All industries; Business sector industries; Business sector; goods; Business sector; services ...).

Description: This table contains 620 series, with data for years 1961 - 2001 (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 items: Canada ...) Seasonal adjustment (2 items: Unadjusted; Seasonally adjusted ...) Standard Industrial Classification, 1980 (SIC) (310 items: All industries; Business sector industries; Business sector; services; Business sector; goods ...).

Description: This table contains 994 series, with data for years 1961 - 1997 (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 items: Canada ...) Prices (2 items: Current prices; 1992 constant prices ...) Sector (3 items: Business sector; Non-business sector; Total economy ...) Industry (221 items: Agricultural and related services industries (S-level aggregation); Agricultural and related services industries (M-level aggregation); Agricultural and related services industries (L-level aggregation); Fishing and trapping industries (S-level aggregation) ...).

Description:

This publication presents quarterly information on Canada's National Income and Expenditure Accounts (NIEA), 1947-2008. It contains data on gross domestic product (GDP) by income and by expenditure, saving and investment, borrowing and lending of each of four broad sectors of the economy: (i) persons and unincorporated businesses, (ii) corporate and government business enterprises, (iii) governments and (iv) non-residents. Information is also provided for selected subsectors. The publication begins with an analysis of the economic developments in the most recent quarter. Some issues also contain more technical articles explaining national accounts methodology or analysing a particular aspect of the economy. The publication also includes a glossary, and is no longer being released.

Description:

This table contains 196 series, with data for years 1971 - 1989 (not all combinations necessarily have data for all years), and was last released on 2007-01-17. This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Canada; Newfoundland and Labrador; Prince Edward Island; Nova Scotia ...), Implicit price index components (14 items: Final domestic demand; total; Semi-durable goods; Personal expenditure on consumer goods and services; Durable goods ...).

Description:

This table contains 508 series, with data for years 1961 - 1980 (not all combinations necessarily have data for all years), and was last released on 2007-01-16. This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Newfoundland and Labrador; Prince Edward Island; New Brunswick; Nova Scotia ...), Sector (2 items: Government sector; Federal government ...), Revenue and expenditure (20 items: Total revenue; Direct taxes; from persons; Direct taxes; from corporations and government business enterprises; Direct taxes; from non-residents (withholding taxes) ...).

Description:

This table contains 260 series, with data for years 1961-1980 (not all combinations necessarily have data for all years), and was last released on 2007-01-16. This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Newfoundland and Labrador; Prince Edward Island; Nova Scotia; New Brunswick ...), Revenue and expenditure (20 items: Total revenue; Direct taxes; from persons; Direct taxes; from corporations and government business enterprises; Indirect taxes ...).

Description:

This table contains 221 series, with data for years 1961 - 1980 (not all combinations necessarily have data for all years), and was last released on 2007-01-16. This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Newfoundland and Labrador; New Brunswick; Nova Scotia; Prince Edward Island ...), Revenue and expenditure (17 items: Total revenue; Other current transfers from persons; Investment income; Indirect taxes ...).

Description:

This table contains 156 series, with data for years 1961 - 1980 (not all combinations necessarily have data for all years), and was last released on 2007-01-16. This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Newfoundland and Labrador; New Brunswick; Nova Scotia; Prince Edward Island ...), Revenue and expenditure (12 items: Total revenue; Other current transfers from persons; Investment income ...).

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

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: 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 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 provides an integrated summary of recent changes in output, consumer prices, employment, and household finances. It highlights changes in the economic data during the second half of 2023 and into the winter months. The article also examines how economic conditions have changed as borrowing costs have risen.

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

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:

The definition of the Information and communications technologies (ICT) sector will be modified to conform more closely to the international standard developed by the Organisation for Economic Co-operation and Development (OECD). Specifically, libraries and the retailing of ICT commodities will be removed from the aggregation, but due to data limitations we will not include the repair of ICT equipment in our aggregation. The estimates will be reworked back to January 1997.

Description:

A number of changes related to Licenses and Registration, Farm Inventories, Land Transfer Taxes, Spectrum Charges and Trade have been incorporated into the Provincial Economic Accounts. These changes have been incorporated into the affected series back to 1981 and are consistent with those changes which have been incorporated in the National Income and Expenditure Accounts since May 31, 2002.

Description:

A number of changes related to Licenses and Registration, Farm Inventories, Land Transfer Taxes, Spectrum Charges and Trade have been incorporated into the Provincial Economic Accounts. These changes have been incorporated into the affected series back to 1981 and are consistent with those changes which have been incorporated in the National Income and Expenditure Accounts since May 31, 2002.

Description:

As of January 31, 2002 the monthly GDP by industry estimates will include Information and Communications Technologies (ICT) series. Three new aggregation series for the Information and Communications Technologies (ICT) sector and its manufacturing and services components are available back to January 1997 on CANSIM II.

Description:

As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.

Description:

As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.

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 September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Adoption of NAICS.

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:

As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Adoption of NAICS for estimates of labour income.