Economic accounts

Description:

The latest annual results for the US/Canada purchasing power parities (PPPs) and real expenditures per head in the US compared with Canada are published in this paper. The data were developed for the period 1992 to 2001, using the latest US and Canada expenditure data from the National Accounts and price comparisons for 1999. The paper contains summaries of differences between the results of the multilateral (OECD) study and the Statistics Canada bilateral study. Some differences in classifications have been incorporated, as well as normal national Accounts revisions. Ten tables are presented in an Appendix for 21 categories of expenditure for the GDP.

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:

The measurement of the economic impact of tourism has attracted increasing world-wide interest in the past few years. The development of a national Tourism Satellite Account (TSA) in Canada (1994), as well as a set of current quarterly indicators (1996), was a result of a demand for this information. Statistics Canada has now taken the analysis of tourism a step further with the development of the Provincial and Territorial Tourism Satellite Accounts (PTTSA).

The development of these accounts has come primarily at the request of the tourism community in Canada. The new regional accounts increase the analytical capability and further the understanding of tourism across Canada. The PTTSA are designed to measure the importance of tourism in terms of expenditures, gross domestic product (GDP) and employment. The concepts and methods used in the PTTSA generally follow the set of international TSA guidelines adopted by the United Nations Statistical Commission and strictly adhere to the principles of the System of National Accounts (SNA).

As separate or satellite accounts, the PTTSA explicitly define the tourism industry within the national accounts statistical system and measure its economic contribution to the economy. With their foundation in the framework of the Canadian SNA, the PTTSA allow for a comparison of tourism with other industries within a province or territory, as well as showing the relative importance of tourism among provinces and territories. A tourism satellite account also provides the statistical basis for the development of tourism impact models. Thus, the PTTSA can contribute to government policy-making and business decisions concerning tourism.

This document discusses the concepts and definitions used, and it highlights the results of the PTTSA by region for the reference year 1996. The appendices include an overview of the methodology and data sources; the detailed tables showing tourism expenditures and GDP, as well as employment for each region; a list of tourism industries and commodities; and a glossary.

Description: The measurement of the economic impact of tourism has attracted increasing world-wide interest in the past few years. The development of a national Tourism Satellite Account (TSA) in Canada (1994), as well as a set of current quarterly indicators (1996), was a result of a demand for this information. Statistics Canada has now taken the analysis of tourism a step further with the development of the Provincial and Territorial Tourism Satellite Accounts (PTTSA).

The development of these accounts has come primarily at the request of the tourism community in Canada. The new regional accounts increase the analytical capability and further the understanding of tourism across Canada. The PTTSA are designed to measure the importance of tourism in terms of expenditures, gross domestic product (GDP) and employment. The concepts and methods used in the PTTSA generally follow the set of international TSA guidelines adopted by the United Nations Statistical Commission and strictly adhere to the principles of the System of National Accounts (SNA).

As a separate or satellite accounts, the PTTSA explicitly defines the tourism industry within the national accounts statistical system and measures its economic contribution to the economy. With their foundation in the framework of the Canadian SNA, the PTTSA allows for a comparison of tourism with other industries within a province or territory as well as showing the relative importance of tourism among provinces and territories. A tourism satellite account also provides the statistical basis for the development of tourism impact models. Thus, the PTTSA can contribute to government policy-making and business decisions concerning tourism.

This document discusses the concepts and definitions used, and it highlights the results of the PTTSA by region for the reference year 1996. The appendices include an overview of the methodology and data sources; the detailed tables showing tourism expenditures and GDP, as well as employment for each region; a list of tourism industries and commodities; and a glossary.

If this information interests you, you will find similar technical papers under Catalogue no. 13-604-MIE /MIB, Income and Expenditure Accounts Technical series.

Description:

The networked economy involves economic and social actors and the links that tie them together. The information and communication technologies that provide the links are changing, as are the electronic products that they deliver. This requires the statistical office to introduce new surveys and to develop and use relevant industrial and product classifications. As technology changes, so does the way of doing business and trade in a global economy, with implications for statistics on labour, balance of payments and prices, and, more generally for the whole System of National Accounts. While the networked economy is the way of the future, there are people and businesses that cannot participate fully and there is a need for statistical information about them. This paper looks at these issues, at the statistics that are being developed, and at some of the gaps that are arising.

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:

This study examines provincial differences in productivity (GDP per job) using decomposition and regression analysis. In the first stage of the study, the relative size of productivity differences across provinces is examined. Then, these differences are decomposed into two components - the first is the portion of the difference that arises from industry-mix, and the second is due to "real" productivity differences at the industry level. The paper also examines the contributions of the "new" and "old" economy sectors to differences in provincial productivity. Finally, regression analysis is performed in order to determine the statistical significance of interprovincial productivity differences. The paper finds that British Columbia, Alberta, Saskatchewan, Ontario and Quebec do not differ significantly from another in terms of GDP per job after differences in industry mix are considered. Manitoba and the Atlantic Provinces lag behind the others. Most of the difference in the latter two cases stems from "real" differences at the industry level rather than from the effect of differences in industry mix. The Natural Resources sector plays an important role in bolstering the performance of Alberta and Saskatchewan.

Description:

In 1999, Canada's travel account balance (including passenger fares), the difference between the expenditures of foreign visitors in the country and those of Canadian residents outside the country, measured its lowest deficit since 1988, declining to $3.0 billion.

Description:

This paper examines some of the fundamental issues behind foreign affiliate trade statistics (FATS), including what they are, who needs them and why they have become so important, and Statistics Canada's plan for collecting FATS.

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.

Description:

Production, income and outlay accounts of non-profit institutions by non-profit sector and sub-sector, provinces and territories and Canada, annual.

Description:

Gross domestic product (at basic prices) and income of non-profit institutions by activity, provinces and territories and Canada, annual.

Description:

Employment in non-profit institutions by activity, provinces and territories and Canada, annual.

Description:

Nominal and real gross domestic product (at basic prices) of non-profit institutions by sub-sector, provinces and territories and Canada, annual.

Description:

Employment in non-profit institutions by sub-sector, provinces and territories and Canada, annual.

Description:

This paper develops a production framework that allows for self-supplied water intake, an unpriced 'natural' input. The framework is then exploited to estimate the corresponding water shadow prices and to assess the extent to which water impacts on the multifactor productivity performance of the Canadian business sector's industries.

Description:

This paper quantifies the contribution of public capital to productivity growth in the Canadian business sector. The approach developed here incorporates demand and supply forces, including the contribution of public capital, which may affect productivity performance. We estimate the model using disaggregated data composed of 37-industries in the Canadian business sector from 1961 to 2000. The results indicate that the main contributors to productivity growth, both at the industry and aggregate levels, are technical change and exogenous demand (representing the effect of aggregate income and population growth). Public capital contributed for about 18% of the overall business sector multifactor productivity growth over the 1961 to 2000 period. This is somewhat lower than the figures reported in the literature. However, the magnitudes of the contribution of public capital to productivity growth vary significantly across industries, with the largest impact occurring in transportation, trade and utilities.

Description:

The state and local government sector owns nearly 90% of the nonmilitary capital structures and 70% of the nonmilitary equipment in the U.S. As such state and local governments are the key policymakers in determining levels of infrastructure investment. Yet as stewards of infrastructure, the states have had a rocky history. Current engineering studies examining the condition of U.S. capital stock suggest that much of it is disrepair and that investments of nearly $1.6 trillion would be needed over the next 5 years to restore full functionality to major types of infrastructure.

Recently states have shown renewed interest in using capital investment in infrastructure as an economic development tool. Popular economic development theories based on enhancing industry agglomeration often find the condition of key infrastructure as a factor in economic growth. While many states accept this conclusion, they are faced with a policy conundrum. Facing tight fiscal circumstances, states and localities are trying to determine which infrastructure investments matter in triggering economic growth. This paper will survey what is known about measuring the effect of infrastructure investment and discuss whether states are asking the right questions before spending infrastructure dollars.

Description:

The manufacturing sector is a vital part of the Canadian economy. In 2002, it accounted for $165 billion of Canada's gross domestic product (GDP) and more than two million jobs. Unlike the other G7 countries, the contribution of the manufacturing sector to the Canadian economy has been increasing.

From 1997 to 2002, average labour productivity growth in the manufacturing was slightly lower than the average for all industries. Part of this could be explained by the relatively low capital investment in the sector.

In 2001, the R&D expenditure by the manufacturing sector represented 70 percent of all industrial R&D expenditures. The R&D intensity for the sector is about four times greater than that of all industries in Canada.

The manufacturing sector has driven much of Canada's trade. In 2002, manufacturing exports accounted for 64 percent of Canada's total exports of goods and services. The sector became much more export dependent but Canada's overall manufacturing trade balance was negative. Nevertheless, Canada's manufacturing sector has been a success story.

Description:

This paper provides an empirical analysis of the levels and trends in the industrial diversity of Canadian cities over the past 10 years (1992 to 2002), a period of significant structural change in the Canadian economy. Diverse cities are thought to be more stable and provide better environments that lead to stronger economic growth. Using detailed establishment-level data on businesses from the entire spectrum of small to large Canadian cities, the study shows that diversity levels vary significantly across cities, with the most populous cities being far more diverse than the least. Although there is a strong positive relationship between diversity and the population of a city, relatively small cities (those with a population around 100,000) can achieve levels of diversity that are near that of the largest urban centres. Consequently, most Canadians live in relatively diverse urban economic environments. Generally, the level of diversity of Canadian cities has increased over time. This has been particularly true of small cites with populations of less than 100,000. The largest cities have experienced declining diversity levels.

Description:

Productivity growth in the U.S. economy jumped during the second half of the 1990s, a resurgence that the literature linked to information technology use. This report contributes to this debate in two ways. First, using the most comparable Canadian and U.S. data available, the contributions of information technology to output, capital input, and productivity performance are quantified. Second, the report examines the extent to which information technology-producing and information technology-using industries have contributed to the aggregate multifactor productivity revival.

Description:

This paper compares gross domestic product (GDP) per capita across Canadian provinces for the period 1990 to 2003. It starts by examining relative GDP per capita measured in current dollars across provinces and over time. In the second section, growth in nominal dollar GDP is broken down into a price and a volume component to determine whether growth over the period came from a higher volume of real output or higher prices received for the products being produced. In the third section, the relationship between increases in the volume component (real GDP per capita) and changes in productivity or in labour market conditions (hours worked per employee and the proportion of the working age population employed) is explored.

Description:

This overview examines recent economic developments and trends in the major aggregates that comprise GDP, both income and expenditure-based, and includes tables of key variables for each of the provinces and territories.

Description:

This paper measures the extent of economic renewal in Canada's manufacturing sector over a four-decade period, 1961 to 1999, which roughly represents the productive lifetime of a worker.

Description:

This paper explores the dynamics of Social Assistance use over the 1990s to calculate annual incidence as well as entry and exit rates at both the national and provincial level, broken down by family type.

Description:

This article has been prepared to help users understand the changes introduced as a result of the historical revision of the international accounts of the Canadian System of National Accounts (CSNA), due to the implementation of the new international standards published in System of National Accounts 2008 and in Balance of Payments Manual, Sixth Edition.

Description:

Macroeconomic data for Canada, including Canada's National Accounts (gross domestic product (GDP), saving and net worth), Balance of International Payments (current and capital account surplus or deficit and International Investment Position) and Government Financial Statistics (government deficit and debt) are based on international standards. These international standards are set on a coordinated basis by international organizations including the United Nations, the Organisation for Economic Cooperation and Development (OECD), the International Monetary Fund (IMF), the World Bank and Eurostat, with input from experts around the world. Canada has always played an important role in the development and updating of these standards as they have transformed from the crude guidelines of the early to mid 20th century to the fully articulated standards that exist today.

The purpose of this document is to introduce a new presentation of the quarterly National Accounts (Income and Expenditure Accounts, Financial Flow Accounts and National Balance Sheet Accounts) that will be published with the conversion of the Canadian National Accounts to the latest international standard - System of National Accounts 2008.

Description:

This paper provides a preview of the comprehensive (historical) revision of the Canadian System National Accounts to be released beginning in June 2012. The last revision of this scope took place in 1997. The paper highlights the changes resulting from the adoption of SNA2008 which is the revised international standard for national accounting, along with statistical revisions arising from new and improved source data and methodologies. Updates to the classification systems used in the Canadian System of National Accounts are also presented along with a list of changes planned for 2014.

Description:

This note provides a brief explanation of the impact that the transition from reporting financial statements under Canadian Generally Accepted Accounting Principles (CGAAP) to the new, internationally unified financial accounting framework of the International Financial Reporting Standards (IFRS) will have on the Canadian Financial Flow Accounts and the National Balance Sheet Accounts estimates.

Description:

A detailed exposition of how the pattern of quarterly growth affects the average annual growth rate, including the relative importance of these quarters in determining growth These basic principles are applied to monthly and quarterly growth.

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This paper presents the background, methodological change and implementation of the revised real import and export adjustments that account for exchange rate fluctuations.

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This article discusses the revision policy of the Canadian System of National Accounts

Description: This guide presents an overview of the scope and structure of the Pension Satellite Account as well as the methodology used to derive its stocks and flows estimates.

Description:

Measures of productivity are derived by comparing outputs and inputs. The System of National Accounts (SNA) in Canada provides a useful framework for organizing the information required for comparisons of this type. Integrated systems of economic accounts provide coherent, consistent alternate estimates of the various concepts that can be used to measure productivity.

Description:

The majority of Canada's national, provincial and territorial macroeconomic indicators originate from the Canadian System of National Accounts (CSNA). These indicators include such things as gross domestic product, net worth, savings, personal disposable income and government debt. Statistics Canada is launching a project that will make key changes to these macroeconomic indicators. The changes introduced by this project are outlined in this paper.