Economic accounts

Description:

This paper reports the results of a survey of national Income and Expenditure Accounts (IEA) release date practices as reported by national statistical bureaus. This international survey was conducted by the author between January and March 1993 by means of a questionnaire mailed to statisticians of several countries.

Respondents to the survey were asked on what date their preliminary IEA estimates for each of the four quarters of the 1991 calendar year were officially released. They were also asked to indicate the dates on which each of the subsequent four revised sets of estimates were released. To avoid the possibility of unwarranted generalizations from a single year's experience, respondents were asked whether 1991 was a typical year or if there were special circumstances that affected the release dates in this particular period. Finally, general information was sought on each country's official revision policy.

Description:

The interview discusses Canada's transition from an industrial to an information economy.

Description:

Has recovery begun? An up-to-date look at labour market developments in the first six months of 1991.

Description:

Currently, one measure of real gross domestic product (GDP) at market prices is published by Statistics Canada. It is a fixed weighted index, and the weights are from the base year, 1986. In the first quarter of 1990, alternate formulations of real GDP were reviewed in an article released in this publication. One of the alternatives discussed in the article was the Chain Volume Indexes.

The purpose of this article was to introduce a new set of indexes into the Income and Expenditure Accounts. The indexes include quarterly re-weighted Chain Volume Indexes and annually re-weighted Chain Volume Indexes of GDP, excluding the value of physical change in inventories.

Description:

The Canadian System of National Accounts (CSNA) has evolved considerably over the past four decades. This article presents a brief account of the relationship between this system, as it stands today, and the international standard for national accounting, which has been established by the United Nations. The major similarities and differences between the two systems are highlighted. The paper then goes on to briefly summarize the present state of discussions concerning revisions to the international SNA standard.

Description:

Gross domestic product (GDP) is a key measure in the System of National Accounts, as well as an indispensable tool for economic analysis. This variable is available in current dollars or, in other words, expressed in the prices of the period to which each estimate applies. Two distinct parts exist within this current dollar measure: a volume component and a price component. This article focusses on the measure of GDP which expresses the volume of transactions in the economy (i.e., GDP expressed in real terms).

Description: The purpose of this statistical program is to provide information for current economic analysis. It provides a measure of the economic production which takes place within the geographical boundaries of Canada from an industry point of view.

Description: This survey provided estimates for calendar years of values of gross output, intermediate inputs and gross domestic product (GDP) at factor cost in current and constant prices for over 400 industries and aggregations at the Canada-total level.

Description: The primary mandate of this statistical program is to compile and disseminate current measures of Gross Domestic Product by industry, at the provincial and territorial level.

Description: The supply and use tables trace the production of commodities by domestic industries, combined with imports, through their uses by industries or as final consumption, investment or exports. The system provides measures of value added by industry and total GDP. The supply and use tables provide the basic information for the derivation of industry-by-industry input-output tables.

Description: Quarterly data, in real terms, by category and type of expenditure.

Description: Quarterly data, in real terms, by category and type of expenditure.

Description: Quarterly data, in real terms, by category and type of expenditure.

Description: Quarterly data, in current dollars, by seasonal adjustment and by category and type of expenditure.

Description: Number of jobs generated through tourism activities in tourism related industries, by seasonal adjustment.

Description: Quarterly implicit price indexes for tourism commodities, 2017=100.

Description: Quarterly data, in real terms.

Description:

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).

Description: Quarterly data, using data seasonally adjusted at annual rates.

Description: Quarterly data by level of government.

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: Economic and Social Reports includes in-depth research, brief analyses, and current economic updates on a variety of topics, such as labour, immigration, education and skills, income mobility, well-being, aging, firm dynamics, productivity, economic transitions, and economic geography. All the papers are institutionally reviewed and the research and analytical papers undergo peer review to ensure that they conform to Statistics Canada's mandate as a governmental statistical agency and adhere to generally accepted standards of good professional practice.

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

Description: The papers published in the Analysis in Brief analytical series shed light on current economic issues. Aimed at a general audience, they cover a wide range of topics including National Accounts, business enterprises, trade, transportation, agriculture, the environment, manufacturing, science and technology, services, etc.

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:

This Canadian Tourism Satellite Account Handbook developed by Statistics Canada is intended as a guide to how the Canadian Tourism Satellite Account (CTSA) is compiled. The Tourism Satellite Account (TSA) has become the internationally recognized framework and a vital tool by which to measure tourism activity in an economy. The goal of this handbook is to make the CTSA and its inner workings as transparent as possible by bringing previous internal documentation into the public realm along side previously published documents and new documentation. By sharing the Canadian practical experiences in development of the TSA, it should benefit other countries and other interested practitioners in the process of developing and understanding TSAs.

This handbook covers information on the relevant tourism and national accounting concepts and definitions related to the CTSA. Detailed explanations of the various survey data sources and the methods used to move this data into the TSA framework are discussed.

Description:

The Canadian Productivity Accounts (CPA) of Statistics Canada maintain two multifactor productivity (MFP) programs.

The Major Sector Multifactor Productivity Program develops the indexes of MFP for the total business sector and major industry groups in the business sector.

The Industry Multifactor Productivity Program or the Industry KLEMS Productivity Program develops the industry productivity database that includes MFP indexes, output, capital (K), labour (L), energy (E), materials (M) and services (S) inputs for the individual industries of the business sector at various levels of industry aggregation. This paper describes the methodologies and data sources that are used to construct the major sector MFP indexes and the industry productivity database (or the KLEMS database). More specifically, this paper is meant to:provide a background of the major sector MFP program and the industry KLEMS productivity program;present the methodology for measuring MFP;describe the data sources and data available from the MFP programs;present a quality rating of the industry KLEMS productivity data; anddescribe the research agenda related to the MFP program.

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:

This paper examines the various products associated with the quarterly labour productivity program. It outlines the nature of the volatility in the very short-run estimates and examines properties of the revisions made to the estimates of Canadian labour productivity and its components (gross domestic product and hours worked) since the inception of the program in 2001.

Description:

How does one summarize a lifetime of professional accomplishment? In some instances, one good way is to compile a book, as we have done here. This volume brings together in one place the substantial number of papers written by Kishori Lal during his lengthy career as a national accounts statistician at Statistics Canada.

Kishori's papers cover a range of subject matter, responding to the twisting current of events through parts of five decades. They have one thing in common: All of the papers focus on one or another aspect of the development of Canada's System of National Accounts. Kishori believes deeply in and is utterly devoted to that system. It grew and evolved quite radically during Kishori's long career. The changes Canada's SNA went through followed closely, or in some cases led the development of the international SNA standard. He has left his mark indelibly on both.

The advent of the 1993 SNA gave the impetus for several papers. These examined the implications of the new standard for Canada's national accounts and explored issues associated with its practical implementation in the 1997 historical revision. 'Production' was always a central focus of his work and many of the papers in this volume consider aspects of Canada's input-output accounts. Over the years he also turned his attention to several specific production measurement issues, such as the treatment of 'financial intermediation services indirectly measured' (FISIM) and inventory change. International comparisons were a special interest. Indeed one of his best papers, written in the year before he retired, contrasted the United States national accounts with the Canadian accounts. This detailed and authoritative paper was widely acclaimed south as well as north of the border. Subsequently the Australian Bureau of Statistics indicated they intended to prepare a similar paper, extending the comparison to include the Australian national accounts, and the Organisation for Economic Co-operation and Development in Paris asked if they could publish Kishori's work to give the study even wider exposure.

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.

Description:

This paper examines the effects of alternative specifications of the user costs of capital on the estimated price and volume indices of capital services. It asks how sensitive the results are to the use of exogenous versus endogenous rates of return, to alternate ways of including capital gains, and to whether corrections are made for tax rates. The paper also examines the effect of the various user cost formulae on the measured multifactor productivity growth.

Description:

This paper generates depreciation profiles for a diverse set of assets based on patterns of resale prices and retirements. In doing so, it explores the sensitivity of estimates of the growth in capital stock and capital services to alternate estimates of depreciation.

In the first instance, survival analysis techniques are used to estimate changes in valuation of assets over the course of their service life. In the second instance, a two-step procedure is utilized that first estimates the discard function for used assets (assets discarded at zero prices) and then uses the resulting estimates to correct for selection bias that arises when just positive used-asset prices are employed to estimate age-price profiles to produce depreciation rates. For the third method, a discard function and an asset efficiency function are jointly specified and estimated.

These three different methods produce depreciation profiles that follow convex patterns. Accelerated profiles are apparent for many individual assets in the machinery and equipment and structures classes.

We also compare the ex post estimates of length of life that are based on outcomes to ex ante expected lives and find they are much the same. We therefore choose ex ante lives along with information from the ex post rates on the rate of decline in an asset's value to generate a set of depreciation rates for use in the productivity accounts.

We then use our depreciation model to produce estimates of the growth in capital stock and capital services over the 1961 to 1996 period. We find that the resulting estimates of capital stock and capital services are quite similar to those previously produced.

Description:

This paper provides a brief description of the methodology currently used to produce the annual volume of hours worked consistent with the System of National Accounts (SNA). These data are used for labour input in the annual and quarterly measures of labour productivity, as well as in the annual measures of multifactor productivity. For this purpose, hours worked are broken down by educational level and age group, so that changes in the composition of the labour force can be taken into account. They are also used to calculate hourly compensation and the unit labour cost and for simulations of the SNA Input-Output Model; as such, they are integrated as labour force inputs into most SNA satellite accounts (i.e., environment, tourism).