Economic accounts

Description:

On May 31, 2001, the quarterly income and expenditure accounts adopted the Chain Fisher Index formula, chained quarterly, as the official measure of real gross domestic product (GDP) in terms of expenditures. This formula was also adopted for the Provincial Accounts on October 31, 2002.

There were two reasons for adopting this formula: to provide users with a more accurate measure of real GDP growth between two consecutive periods and to make the Canadian measure comparable with the Income and Product Accounts of the United States, which has used the Chain Fisher Index formula since 1996 to measure real GDP.

Description:

The paper looks at the level of Canadian direct investment abroad (CDIA) from 1999 to 2001 and examines the impact on it of acquisitions of foreign companies and sales of foreign affiliates.

Description:

On July 9, 2003, Statistics Canada announced a new Internet publication Updates on Economic Analysis (Catalogue no. 11-623-XIE, free). The publication provides a concise summary of ongoing research programs in micro-economics and national accounts. For each theme, the purpose and scope of the research program are described, along with the major analytical issues that are addressed in supporting studies. It also presents a summary of major findings.

Description:

This publication presents estimates of government revenues attributable to 1998 tourism. The main data sources are the Provincial and Territorial Tourism Satellite Account, the Input-Output tables and T-4 tax remittance files.

Government revenue covers receipts from-taxes on incomes (i.e., on employment earnings, corporate profits, net income of unincorporated business and government business enterprises)-contributions to social insurance plans (i.e., premiums for Canada/Quebec Pension Plan, Employment Insurance and Workers Compensation)-taxes on production and products (such as sales and property taxes)-sales of government goods and services.

These revenue sources are broken down into parts that can and cannot be attributed to tourism, for government as a whole and for the three levels of government (federal, provincial/territorial and municipal) separately. Estimates of the government revenue generated per dollar of tourism spending are reported as well.

The publication contains several summary tables showing revenues attributable to tourism by level of government and by source of revenue, as well as several appendix tables showing results by detailed industry and commodity. It also contains a discussion of the concepts, definitions, data sources and methods used in the study.

Description:

This article describes productivity trends since 1981, the role of different industries and information technology (IT) in the recent acceleration, and the implications for Canada's prosperity.

Description:

Canada's international travel deficit - the difference between what Canadians spend abroad and what foreigners spend in Canada - rose from $427 million in the fourth quarter of 2002 to an estimated $585 million in the first quarter of 2003. This was the first increase in Canada's travel deficit since the second quarter of 2002. Canada's travel deficit with the United States grew because both the number of trips made by Americans to Canada and their travel spending declined. Canada's travel deficit with countries other than the United States reached a new high in the first quarter because overseas visitors spent less in Canada and Canadian travellers increased their spending in overseas countries.

Description:

This paper examines the influence of the expansion of the unincorporated self-employed on growth in labour productivity in the business sector and compares Canadian and U.S. experiences over the 1987 to 1998 reference period.

Description:

This paper examines the influence of the dramatic expansion of self-employment on the Canadian business sector's growth in labour productivity. It compares Canadian and American experiences in this area from 1987 to 1998.

Description: As of February 28, 2003 the Canadian System of National Accounts will adopt the following treatment of the Ontario electricity rate freeze and rebate. Funds financing the subsidy coming from Ontario Power Generation are considered remitted profits and form part of government income. The first instalment rebate paid to households is treated as transfers to persons.

Description:

This product summarizes ongoing research programs in microeconomics and national accounts on such topics as business dynamics, productivity, innovation, competition, investment, small producers, technology, technological change, Canadian-U.S. price differences, international trade, multinationals, eco-efficiency, the environment, and the knowledge economy.

Description: Multifactor productivity, value-added, capital input and labour input in the aggregate business sector and major sub-sectors, by North American Industry Classification System (NAICS), annual (index, 2002=100).

Description: Multifactor productivity, gross output, value-added, capital, labour and intermediate inputs at a detailed industry level, by North American Industry Classification System (NAICS), annual (index, 2002=100).

Description:

Gross domestic product, output and jobs for sport and culture, product perspective, quarterly.

Description: The National Culture Indicators Dashboard is an interactive tool that provides access to current and historical quarterly data on culture and sport Gross Domestic Product (GDP), output and jobs. The National Culture Indicators are an extension of the Provincial and Territorial Culture Satellite Account and the Provincial and Territorial Culture Indicators. The tool allows users to compare data on culture and sport, in Canada, by domains and subdomains.

Description: The Canadian Economic Tracker presents selected monthly indicators from Statistics Canada's Common Output Database Repository (CODR) to highlight interrelated dynamics within the Canadian economy.

Description: Flows and stocks of Canadian residential housing assets. Annual estimates of investment, depreciation, and net stock are available by province and territory, institutional sector, type of asset, type of dwelling, and type of housing (private and social).

Description: The economic contribution as a result of the production of residential housing assets due to investment is presented for valued added, compensation of employees and number of jobs.

Description: Average age and remaining useful service life ratio of Canadian residential housing assets. Annual estimates are available by province and territory, type of asset, and type of dwelling.

Description: The environmental perspective for the Housing Economic Account provides users detailed information on emissions related to residential construction and clean technology involved. The table breaks down greenhouse gas emissions, greenhouse gas emissions per value added, and clean technology input for residential construction for Canada and provinces.

Description: Using data from the Housing Economic Account, this data visualization tool analyzes the flows and stock of residential housing in value, as well as the stock of housing in units. Residential housing flows and stock can be visualized in current and real dollars, by assets (new construction, renovation and transfer cost) and by provinces and territories. In addition, housing flows and stocks can be viewed by sector of activity and type of housing, and the economic impact analysis and social transfers in kind from the public sector are reported.

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

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

Description: These papers provide background information as well as in depth analysis on data reported in any of the following accounts: income and expenditure accounts, provincial economic accounts, financial flow accounts, national balance sheet accounts, estimates of labour income, and national tourism indicators.

Description: This document describes the methodology, concepts and data sources used in the compilation of statistics on the underground economy in Canada, which provide information on the extent of underground economic activity in Canada and its provinces and territories.

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: Canada and the United States share a deep economic relationship that contributes to most measures of their economic performances having a tight common trend over the long term. However, a notable exception is the increasing disparity in labour productivity growth between the two nations. This article summarizes recent research by Statistics Canada, focusing on the information and cultural services industry and how its competitive intensity relative to the United States has influenced the Canada-U.S. labour productivity growth gap since 2001.

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:

These educational resources provide instructors with innovative materials, lesson plans and case study assignments based on environmental statistics produced by Statistics Canada. Resources have been developed for educators at the elementary, high school and post-secondary levels.

Curriculum links include grades 1 to 12 geography, social studies, biology, mathematics, science and economics, as well as introductory post-secondary geography and environmental science.

Description:

Results of the redesigned Capital and Repair Expenditures Survey were released on May 4, 2015. With this redesign, macroeconomic accounting adjustments that were previously applied to the survey results, to better align with System of National Accounts (SNA) concepts, will no longer be made. This note provides users with an overview of the concepts of capital expenditure and gross fixed capital formation (GFCF) and the adjustments that are needed in order to bring capital expenditure in line with the SNA concept of GFCF.

Description:

Estimates of the underground economy by province and territory for the period 2007 to 2012 are now available for the first time. The objective of this technical note is to explain how the methodology employed to derive upper-bound estimates of the underground economy for the provinces and territories differs from that used to derive national estimates.

Description:

The Canadian System of Macroeconomic Accounts (CSMA) is a source of invaluable information for business, governments and citizens. These accounts provide users with important insights into the inner-workings of the economy, current economic trends and interactions between the various sectors of the economy. In order for these accounts to remain relevant, the underlying concepts, methods, classification systems and data sources need to be periodically updated.

Description:

Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of Gross Domestic Product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.

Description:

An overview of the Canadian Government Finance Statistics (CGFS) framework; how it relates to other government statistics such as the Canadian System of Macroeconomic Accounts and the Public Accounts; and the new GFS data products available to users

Description:

Beginning in November 2014, International Trade in goods data will be provided on a Balance of Payments (BOP) basis for additional country detail. In publishing this data, BOP-based exports to and imports from 27 countries, referred to as Canada’s Principal Trading Partners (PTPs), will be highlighted for the first time. BOP-based trade in goods data will be available for countries such as China and Mexico, Brazil and India, South Korea, and our largest European Union trading partners, in response to substantial demand for information on these countries in recent years. Until now, Canada’s geographical trading patterns have been examined almost exclusively through analysis of Customs-based trade data. Moreover, BOP trade in goods data for these countries will be available alongside the now quarterly Trade in Services data as well as annual Foreign Direct Investment data for many of these Principal Trading Partners, facilitating country-level international trade and investment analysis using fully comparable data. The objective of this article is to introduce these new measures. This note will first walk users through the key BOP concepts, most importantly the concept of change in ownership. This will serve to familiarize analysts with the Balance of Payments framework for analyzing country-level data, in contrast to Customs-based trade data. Second, some preliminary analysis will be reviewed to illustrate the concepts, with provisional estimates for BOP-based trade with China serving as the principal example. Lastly, we will outline the expansion of quarterly trade in services to generate new estimates of trade for the PTPs and discuss future work in trade statistics.

Description:

The methodology for estimating the Flows and Stocks of Fixed Capital has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.

Description:

Canadian international merchandise trade data are released monthly and may be revised in subsequent releases as new information becomes available. These data are released approximately 35 days following the close of the reference period and represent one of the timeliest economic indicators produced by Statistics Canada. Given their timeliness, some of the data are not received in time and need to be estimated or modelled. This is the case for imports and exports of crude petroleum and natural gas. More specifically, at the time of release, energy trade data are based on an incomplete set of information and are revised as Statistics Canada and National Energy Board information becomes available in the subsequent months. Due to the increasing importance of energy imports and exports and the timeliness of the data, the revisions to energy prices and volumes are having an increasingly significant impact on the monthly revision to Canada’s trade balance. This note explains how the estimates in the initial release are made when data sources are not yet available, and how the original data are adjusted in subsequent releases.

Description:

These educational resources provide instructors with innovative materials, lesson plans and case study assignments to accompany the 2013 release of the Human Activity and the Environment article, “Measuring ecosystem goods and services in Canada.” The materials and activities were developed by the Critical Thinking Consortium, a non-profit, registered association of 55 educational partners—school districts, schools, teacher associations and other educational organizations.

Resources were developed for a junior high school, senior high school and introductory post-secondary audience. Curriculum links include grades 7 to 12 geography, social studies, biology, science and economics, as well as introductory post-secondary geography and environmental science.