Economic accounts

Description:

This (1994) paper considers four alternative definitions of the underground economy and examines the available evidence about its size. Statistics Canada believes the underground economy is far smaller than the money demand studies have suggested.

Description:

Revised estimates of the Income and Expenditure Accounts (IEA) covering 1990 to 1993 have been released along with the estimates for the first quarter of 1994. These revised estimates reflect the most current source data and seasonal patterns. The annual revision of the different parts of the System of National Accounts is an integrated process. Revised estimates of two other parts of the system, the Balance of International Payments and Financial Flow Accounts, have been released simultaneously. Corresponding revisions to the monthly estimates of the gross domestic product (GDP), by industry and to the Input-Output Accounts at current and constant prices will be available at the end of August.

The first section of this paper reviews the current revisions to the GDP and the main aggregates. The second section analyses the revision patterns of selected income and expenditure aggregates of the GDP over the period 1980 to 1993. For further information on sources, methods and definitions employed in the IE A, refer to the Guide to the Income and Expenditure Accounts, Catalogue no. 13-603E, no. 1.

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This article presents the first results from a study of the value of household work (VHW) in Canada for 1992. The study, the fourth of its kind, is part of continuing efforts to extend measures of production both within and outside Statistics Canada's System of National Accounts. A more in-depth report on the study is currently being prepared.

Description:

Revised estimates of the Income and Expenditure Accounts covering 1989 to 1992 have been released along with the estimates for the first quarter of 1993. These revised estimates reflect the most current source data and seasonal patterns. The annual revision of the different parts of the System of the National Accounts is an integrated process. As such, revised estimates of two other parts of the system -- the Balance of International Payments and Financial Flow Accounts -- have been released simultaneously. Corresponding revisions to the monthly estimates of Gross Domestic Product by Industry and to the Input-Output Accounts at current and constant prices are also available.

Description:

This article introduces two new tables showing volume indexes of real gross domestic product (GDP) per capita and its components for Canada compared with the United States and the associated purchasing power parities (PPPs). These international comparisons of real expenditures based on PPPs are considered to be a major addition to the tools available for macroeconomic analysis. For example, the recent publication by the International Monetary Fund (IMF) of a set of estimates of different countries' output using PPPs has changed the view of the share of world output that comes from the industrialized countries compared with the developing economies.

An analysis based on PPPs, rather than a more conventional one based on exchange rates, has significantly changed the relative measures of output of countries. Comparisons based on exchange rates are unlikely to fully take into account the differences in price levels between countries (i.e., the goods and services that can be purchased in one country's currency compared with another's). Moreover, services are not generally traded in the way that goods are, so their prices in different countries tend not to be related in a way that parallels the currency exchange rate. If aggregate output is to be properly compared across countries, PPPs become more and more important as the size of the service sector grows.

Economic theory would suggest that for internationally traded domestically produced goods and services, PPPs and exchange rates will tend to equalize in the long run. Exchange rates, however, can fluctuate widely in short periods and are affected by expectations and factors such as deficits, wars, fuel shortages and interest rates. With the calculation of PPPs, actual price level differences can be identified. Such measures are also much more stable over time.

Description:

The Income and Expenditure Accounts (IEA) are structured in terms of four economic or institutional sectors, and transactors are grouped into homogeneous categories that play distinct roles in the economy. The Personal sector is concerned with individuals in their capacity as final consumers and as suppliers of labour. The Government sector centres on transactions by public authorities as they relate to taxation and public expenditure. The Profit-motivated Business sector consists of transactors producing goods and services for financial gain. The Non-resident sector shows all transactions taking place between resident economic agents and the rest of the world. Classifying transactors by similar motivation and behaviour into these broad groups is a useful tool that helps analyse the major players in the economy, their functions and interrelationships.

The purpose of this paper is to develop quarterly estimates of gross domestic product (GDP) at factor cost in both current and constant prices for each of the institutional sectors within the IEA framework. The estimates of that will be shown, of the GDP, by sector, do not constitute a full production account, but nonetheless provide a measure of aggregate productive activity by sector of origin. They complement and extend the sector tables already available in the Income and Expenditure 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.

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

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

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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: Quarterly current and capital accounts for the non-profit institutions serving households sector, including property income, disposable income, net saving and net lending, Canada.

Description: Quarterly current and capital accounts for financial, non-financial and total corporations, including property income, disposable income, net saving and net lending, Canada.

Description: Profits, dividends, transfers and corporate net saving of financial, non-financial and total corporations sectors, Canada.

Description: Quarterly current and capital accounts for the general government sector by level of government, including property income, disposable income, net saving and net lending, Canada.

Description: Quarterly current and capital accounts for the non-residents sector, including property income, disposable income, net saving and net lending, Canada.

Description: Relation between gross domestic income at market prices and gross national income at market prices, quarterly, Canada.

Description: Quarterly expenditure-based gross domestic product, at constant 2017 prices.

Description: Quarterly final consumption expenditure for the household sector, in current and constant 2017 prices, Canada.

Description: Quarterly financial, non-financial and total corporation profits before taxes, on an original-cost-basis, excluding government business enterprises, Canada.

Description: Quarterly property income data (interest, dividends, etc.) for the household sector, Canada.

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: 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: 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: The Office of the Auditor General of Canada has called for an examination of the degree to which Canada’s hard-to-reach populations receive the government benefits they are entitled to. This study assesses the degree to which immigrant couples who landed in Canada with young children from 2016 to 2019 received the Canada child benefit (CCB) in the year following landing.

Description: This presentation explores linkages between innovation, technology adoption and productivity. It highlights recent estimates of labour and multifactor productivity growth, drawing on recent surveys that can be used to profile the innovation and technological stance of Canadian businesses. It is intended to support ongoing research on the competitiveness of Canada’s economy.

Description: Statistics Canada regularly prepares presentations with statistical findings about the country’s economy, society and environment. These presentations may be intended for conferences, meetings with stakeholders, or other events held throughout the year to provide Statistics Canada with an opportunity to promote the role of official statistics and to better understand data users’ needs. This series provides online access to these presentations as well as new presentations created to help communicate research findings on a wide range of subjects to a broad audience.

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

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This paper examines the revision cycle for labour productivity estimates over the period 2001 to 2004.

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This paper provides a concise overview in plain language of the concept of productivity by explaining its relevance and usefulness. This paper is intended for users of the Canadian Productivity Accounts who wish to learn more about productivity concepts, in simple terms.

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Part of Statistics Canada's Econnections: linking the environment and the economy statistical series, this publication describes in detail the conceptual frameworks, data sources and empirical methods used to compile the Canadian System of Environmental and Resource Accounts (CSERA). Designed to be compatible with the accounting frameworks of the System of National Accounts, the CSERA allows users to easily analyze the linkages between economic activity and the environment in terms of material and energy flows, environmental expenditures and natural resource stocks. This publication will be of interest to researchers in both the economic and environmental fields who want to familiarize themselves with the accounting concepts of the CSERA. It is a companion volume to Environment-economy indicators and detailed statistics (catalogue no. 16-200-XKE), another product in the Econnections series.

Statistics Canada has updated its 1997 documentation on environmental accounts, Econnections: Concepts, Sources and Methods of the Canadian System of Environmental and Resource Accounts, with publication of the Methodological Guide: Canadian System of Environmental-Economic Accounting.

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The National Accounts Advisory Committee reviews and gives advice on the concepts, methods, plans, standards as well as results associated with Statistics Canada's System of National Accounts.

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In recent years there has been considerable international interest in key indicators. This paper surveys recent Canadian attempts to develop key indicators of economic, social, environmental or physical well-being. It classifies and discusses over forty such projects and publications in detail; briefly lists a further twenty projects; and provides references to a number of up-to-date surveys and annotated bibliographies which contain additional examples of indicator development in Canada. The paper provides information on a number of research centres working on indicator development and discusses international indicators which are relevant to the Canadian scene, either because they represent 'rototypes' of some particular kind of measure, or else might be regarded as constituting 'best practice' in an area. The paper also examines the motivations behind indicator development and seeks to address the question of whether efforts to extend measurement outside the economic field constitute attempts to "measure the unmeasurable".

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The aim of this paper is to describe the actual methodology used to estimate annual hours worked by industry and province in Canada in view to be consistent with the System of National Accounts.

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A statistical agency faces several challenges in building Productivity Accounts. Measures of productivity require that outputs be compared to inputs.

This paper discusses the challenges that a statistical agency faces in this area -as illustrated by the Canadian experience. First, it examines the progress that has been made in developing a system that integrates the Productivity Accounts into the overall System of National Accounts. It also discusses deficiencies that still need to be overcome. Finally, the paper focuses on the need to consider whether the SNA manual should be extended into the area of productivity measurement. The paper argues that the advantage of integrating productivity accounts into the general accounts is sufficiently great that it is time to include more detail on the nature of productivity accounts in the general SNA framework.

Description:

The National Accounts Advisory Committee reviews and gives advice on the concepts, methods, plans, standards as well as results associated with Statistics Canada's System of National Accounts.

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This paper examines the revision cycle for labour productivity estimates over the period 2000-2003.

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This document describes the sources, concepts and methods utilized by the Canadian Productivity Accounts and discusses how they compare with their U.S. counterparts.