Economic accounts

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

Description: The Gross Domestic Product by Income and by Expenditure Accounts record the production of goods and services in the economy, the incomes arising from this production, expenditures on production and the resulting saving (dissaving) and investment. This interactive tool facilitates easy access to the numerous data sets in these accounts. The tool highlights the latest results with time series for certain components.

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Canada's international investment income covers direct investment income, portfolio income, and other investment income. Annual data are further broken down between interest, dividends, and reinvested earnings.

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Canada's international investment income covers direct investment income, portfolio income, and other investment income. Quarterly data are further broken down between interest, dividends, and reinvested earnings.

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Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Canada's capital account covers international capital transfers and transactions in non-produced non-financial assets. Annual data are available for 6 countries/regions and for all countries aggregated.

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Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Canada's capital account covers international capital transfers and transactions in non-produced non-financial assets. Quarterly data are available for 6 countries/regions and for all countries aggregated.

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Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Quarterly data are seasonally adjusted.

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Canada's international trade in goods are available by category based on the North American Product Classification System (NAPCS). Data are also available for 6 countries/regions. Quarterly data are presented with and without seasonal adjustments.

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Canada's international trade in goods are available by category based on the North American Product Classification System (NAPCS). Annual data are also available by type of adjustment, and for 6 countries/regions.

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Canada's international trade in services are available by category. Quarterly data are presented with and without seasonal adjustments.

Description: Quarterly income-based gross domestic product, Canada.

Description: Quarterly expenditure-based, gross domestic product, Canada, in chained (2017) and current dollars.

Description: Quarterly indexes and contributions to percent change of real gross domestic product, real gross domestic income, terms of trade and other statistics, 2017=100.

Description: Quarterly fixed-weighted price and implicit price indexes and contributions to percent change in implicit price indexes for expenditure-based gross domestic product, Canada, 2017 = 100.

Description: Quarterly household final consumption expenditure components in chained (2017) and current dollars.

Description: Quarterly gross fixed capital formation components in chained (2017), current dollars and contribution to percent change.

Description: Quarterly investment in inventories components in chained (2017) and current dollars.

Description: Quarterly current and capital accounts for the four national sectors (households, non-profit institutions serving households, corporations, general governments) including property income, disposable income, net saving and net lending, Canada.

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

Description: Quarterly compensation of employees paid to residents and non-residents; wages and salaries in goods-producing and services-producing industries, Canada.

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This documentation outlines the methodology used to develop the Distributions of household economic accounts published in August 2022 for the reference years 2010 to 2021. 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.

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This article outlines the Canadian non-profit sector's composition, demographic statistics, and contribution to the overall economy between the years 2010 and 2020. These data are integral to the non-profit sector, providing a depth of information related to economic and social trends on the sector, while utilizing data from the annual Satellite Account of Non-Profit Institutions and Volunteering (SANIV) and the Human Resources Module (HRM). This exercise was conducted to enrich the user’s comprehension of the national accounts non-profit data, by providing analysis on the trends and composition of the non-profit sector in Canada.

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This special edition of Analysis in Brief provides information on National Gross Domestic Product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates for the month of April and advance information for May 2022. 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. For more information please consult Surveys and statistical programs (program #1301) and The Daily.

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The COVID-19 Pandemic has been affecting Canadians’ daily lives since the second quarter of 2020. Production and employment were cut back largely at the beginning in order to slow the spread of this contagious disease, leading to a sharp decline in income and a rise in the unemployment rate. GDP per capita of a country is often used for assessing the standard of living and its cross-country comparisons. Since 2020, Canada’s per capita GDP has averaged -1.3% per year, down from its long-term annual average of 1.2% from 1981 to 2019 and from 1.0% per year from 2010 to 2019. For a better understanding of the sources of Canada’s per capita GDP growth, this article decomposes GDP per capita into labour productivity, work intensity, employment rate, participation rate, and the share of working population. The contributions of these 5 ratios to Canada’s per capita GDP growth are examined.

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This article provides an integrated analysis of recent changes in output, consumer spending, business investment, international trade and employment. It also draws on new data sources that provide detailed information on the financial conditions facing businesses and households. The analysis is based on data that are publicly available as of March 11, 2022.

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

Description: Using data from the publication Human Activity and the Environment (HAE), 2021, this infographic provides selected highlights from the report, covering ecosystem extent, condition and services.

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This article reports experimental estimates for the impact of flooding in B.C. on local economies. The paper uses a firm level dataset to geographically determine firm locations that are likely to have been affected by flooding due to heavy rains during November 13th to November 15th 2021.

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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 2021 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.

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This article presents revisions to the gross domestic product by income and by expenditure accounts for the 2018-to-2020 period. These revisions were also reflected in the 2020 Provincial and Territorial Economic Accounts estimates, which were released on November 9, 2021.

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Under any degree of inflation, high or low, the values of changes in inventories (VPC) is generally different when it is calculated at the quarterly interval and the four quarters are aggregated into a year compared with its calculation done at the yearly interval. It is argued in this paper that it is an inherent problem as one of the basic axioms of annual accounts is violated, namely, the assumption of price homogeneity over an accounting period.

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This publication provides a description of the data sources and methods used to compile the input-output tables at constant prices. It includes a brief description of the accounting framework, an overview of the methods used for the major components of the tables and an outline of the techniques applied to each group of goods and services. It also distinguishes between the derivation of the gross domestic product by industry for the business sector and that of the non-business sector. Finally, it discusses some of the critical contemporary issues that are being addressed at the time of writing.

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With the release of the first quarter 2000 of the National Income and Expenditure Accounts the sectoring of federal and provincial government, non-autonomous pension plans has changed. These pension plans are now part of the personal sector. Previously these plans were included in either the federal or provincial government sector accounts.

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This paper deals with a problem in internationally comparable economic statistics, namely, the fact that countries measure value added by industry differently. The economic measure, value added, is important both in its own right and because it is a component of other economic measures such as productivity. Value added by industry measures the additional value created by a production process. This additional value, created by factors of production such as labour and capital, may be calculated either before or after deducting the consumption of fixed capital used in production. Thus, gross value added by industry is the value of its output of goods and services less the value of its intermediate consumption of goods and services and net value added as the value of output less the values of both intermediate consumption and consumption of fixed capital.

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A major revision of the Provincial Economic Accounts (PEA) was published at the time of the official release. The revision covered the time period 1992 to 1997 and brought the PEA in line with the National Economic and Financial Accounts (NEFA) published early in March.

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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.

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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.

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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.

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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.

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