Economic accounts

Description:

Productivity analysis is one of the major foundations of the analysis of long-term economic growth. It is important to study productivity in order to identify the factors that contribute to it and to explore the relationship that exists between productivity, growth and international competitiveness.

Statistics Canada produces partial productivity indexes for some 30 industries and the business sector of the economy on an annual basis. However, little is known about the real output, productivity, and price trends in the construction industry. Four opportunities for productivity research in the construction industry are evident, (a) investigation of the available productivity measures, (b) alternative approaches to the implicit methods currently used in the compilation of output price indexes, (c) estimation of productivity within particular sectors of the construction industry, and (d) comparison of productivity on an interprovincial or international basis.

In this paper we will focus on the first two of the four alternatives and will give examples of the last two. In particular, by formalizing the adjustments that are made to the input factors used in the development of output indexes, we contend that the result will be more impartial and enduring. Generally, our goal is to investigate and promote measures that will be available and attractive to the construction industry as it begins to demand more electronic information. The purpose is to derive, eventually, some new productivity estimates based upon the best available statistics.

Description:

The first of two features on the Northwest Territories and the Yukon, this article compares the North's economic and employment trends with those in the rest of the country. Occupation, industry and selected population characteristics are also studied.

Description:

Jobs have been declining in the clothing industry since the late 1980s while production has grown. This article examines this trend, profiles those employed in the industry since 1981, and discusses factors most likely to affect future employment trends. National, provincial and

international data are also presented.

Description:

Tourism is without question an important sector of the Canadian economy. In 1996, the tourism sector in Canada generated revenues which rose to a record level of $41.8 billion; 492,000 people were employed in the tourism sector.

Description:

About once every five years, the System of National Accounts (SNA) is rebased to keep up with the evolution of prices in the economy. In other words, its aggregates at constant prices are recalculated in terms of the prices of a more recent time. Also, the System is revamped about once a decade to introduce new accounting conventions, improved methods of estimation and revised statistical classifications. These revisions will change the gross domestic product (GDP) of the past 70 years. Both types of revision are presently underway, with their results scheduled for release next year.

This article takes an advance look at the likely effect of rebasing the SNA on the record of growth since 1992. It presents the results of an approximate rebasing of the expenditure-based GDP of the quarterly National Income and Expenditure Accounts (NIEA).

Description:

The International System of National Accounts 1993 (1993 SNA) was prepared and published under the auspices of the Inter-secretariat Working Group on National Accounts. This working group consists of the Statistical Office of the European Communities, the International Monetary Fund, the Organisation of Economic Co-operation and Development, the Statistical Division and regional commissions of the United Nations Secretariat, and the World Bank. The adoption of this document for universal implementation was unanimously recommended to the United Nations Economic and Social Council by its Statistical Commission at the 27th session, held in New York from February 22 to March 3, 1993. The plan for implementing the 1993 SNA system, however, does not seem to be as well organized as its production was.

Very detailed comments have been made on this document in two papers entitled 'The 1993 International System of National Accounts vis-à-vis The Canadian System of National Accounts,' and 'The 1993 International System of National Accounts and the Canadian Input-Output Tables.' In a summary fashion, the present paper highlights certain important areas where the Canadian System of National Accounts (CSNA) will need to revise its practices to conform to the 1993 SNA. The reader is encouraged to refer to these two papers for further details.

Description:

One of the most significant financial market trends is the increased use of derivative instruments. Across the entire investment spectrum, from private investors to major banks and large institutional fund managers, the use of derivative products is becoming encompassing. Derivatives can be broadly defined as secondary assets, the value of which changes in concert with price movements of a related or underlying primary asset. These instruments may be divided into four broad categories: futures, forwards, options and swaps. Trading on established exchanges, and very active in over-the-counter markets, derivative contracts have become fundamental tools in both domestic and international finance.

Description:

Following normal practice, the annual revision of the National Economic and Financial Accounts has been carried out and the revised estimates have been released along with those for the first quarter of 1995. This annual revision of the different parts of the System of National Accounts is an integrated process, with revised estimates of the Income and Expenditure Accounts, Financial Flow Accounts and the Balance of International Payments being released simultaneously. Corresponding revisions to the monthly estimates of gross domestic product (GDP), by industry and to the Input-Output Accounts at current and constant prices will be completed in August.

Description:

When productivity increases in a sector, does it mean employment growth? This article explores the question and introduces a new concept: multifactor productivity.

Description:

There has been growing interest in recent years about the scope of tourism in Canada. In response to this demand for information, Statistics Canada has developed a Tourism Satellite Account (TSA) which provides some answers to questions such as: Which industries constitute 'the tourism industry'? What are the industry's gross domestic product (GDP) and employment rates? And what is the extent of tourism-related expenditures?

This article reports on the research that Statistics Canada has undertaken as part of an ongoing examination of the tourism industry.

Description: This table contains 31 series, with data for years 1947 - 1995 (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 items: United States ...) Prices (3 items: 1972 constant dollars; 1982 constant dollars; 1986 constant dollars ...) Components (15 items: Total gross national product; Total gross domestic product; business; Total gross domestic product; business; non-farm; Total gross domestic product ...).

Description:

This table contains 2 series, with data for years 1953 - 1987 (not all combinations necessarily have data for all years), and is no longer being released. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: United States);  Type of investment statistics (2 items: Newly appropriated capital appropriations; Capital expenditures).

Description: This table contains 156 series, with data for years 1999 - 31-MAR-03 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Prince Edward Island;Nova Scotia ...), Expenditures (12 items: Expenditures of universities and colleges; Financial Management System (FMS) basis;Deduct: adjustment to report expenditures on a net basis;Add: principal portion of debt repayments;Add: institutions embedded in the public accounts or financial statements ...).

Description: This table contains 438 series, with data for years 2002 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (13 items: Newfoundland and Labrador;New Brunswick;Nova Scotia;Prince Edward Island ...), Revenue and expenditures (3 items: Revenue;Revenue minus expenditures;Expenditures ...), Reconciliation items (16 items: Totals from budgetary documents;Net addition of special funds not included in financial statements;Alberta power pool; electricity energy rebates to consumers ...).

Description: This table contains 99 series, with data for years 1994 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Revenue and expenditures (3 items: Revenue;Expenditures;Revenue minus expenditures ...), Reconciliation items (33 items: Budgetary documents;Total deductions;Consolidated crown corporations;Provision for valuation and other adjustments ...).

Description: This table contains 4560 series, with data for years 1988 - 31-DEC-08 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Nova Scotia;Prince Edward Island ...), Current and capital accounts (3 items: Current account;Capital account;Current and capital accounts ...), Revenue and expenditures (118 items: Total revenue;Real property taxes; revenue;Property and related taxes; revenue;Own source revenue ...).

Description: This table contains 54 series, with data for years 1992 - 31-MAR-08 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Financial assets and liabilities (3 items: Financial assets;Liabilities;Net financial wealth (+) / net financial debt (-) ...), Reconciliation items (18 items: Public accounts balance sheet;Adjustments to produce Financial Management System (FMS) data;De-consolidation of crown corporations;Addition of special funds to reflect the Financial Management System (FMS) statistical universe ...).

Description: This table contains 49 series, with data for years 1992 - 31-MAR-07 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada;Prince Edward Island;Quebec;Nova Scotia ...), Capital transfers (9 items: Total capital transfers for debt forgiveness to other government sub-sectors;Capital transfers for debt forgiveness to colleges;Capital transfers for debt forgiveness to universities;Capital transfers for debt forgiveness to hospitals ...).

Description: This table contains 60 series, with data for years 1989 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-09-02. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Newfoundland and Labrador;Nova Scotia;Prince Edward Island ...), Interest on the public debt (4 items: Total interest due to borrowing;Interest due to borrowing on behalf of government business enterprises;Interest due to borrowing on behalf of school boards;Interest due to borrowing on behalf of municipal governments ...).

Description: This table contains 2056 series, with data for years 1989 - 31-MAR-09 not all combinations necessarily have data for all years), and was last released on 2009-08-28. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada;Nova Scotia;Newfoundland and Labrador;Prince Edward Island ...), Government sectors (6 items: Federal; provincial; territorial and local governments;Federal government;Local and provincial and territorial governments;Provincial and territorial governments ...), Revenue and expenditure (66 items: Total revenue;Personal income taxes;Own source revenue;Income taxes ...).

Description:

As the eighth goal outlined in the 2030 Agenda for Sustainable Development, Canada and other UN member states have committed to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all by 2030. This 2022 infographic provides an overview of indicators underlying the eighth Sustainable Development Goal in support of decent work and economic growth, and the statistics and data sources used to monitor and report on this goal in Canada.

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 2022 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:

This article presents revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2019 to 2021 period. These revisions were reflected in the 2021 Provincial and Territorial Economic Accounts estimates, released on November 8, 2022.

Description:

This infographic features government spending data in Canada for the 2021/2022 fiscal year. It gives a breakdown of expenses by the socio-economic purpose for which the funds are used.

Description:

Gross domestic product (GDP) can be divided into contributions from women, contributions from men, and “unallocated” contributions (i.e., those not attributable to a specific gender). This infographic provides information on the differences in the share of GDP attributable to men and women across industries and provinces and territories.

Description:

This article provides an integrated summary of recent changes in output, consumer prices, employment and household finances. It highlights changes in the economic data during the first half of 2022 and into the summer months. The article also examines how economic conditions have changed as borrowing costs have risen.

Description:

Rising wages and prices have characterized 2021 and 2022. Soaring unit labour costs have raised competitiveness concerns. This article examines the relationship between real wages and productivity to see whether real wage growth (growth in real total compensation per hour worked) has lagged behind labour productivity growth in recent years. It examines whether the result is sensitive to differences in the definition of real wages.

Description:

This paper estimates and examines the contribution to Gross domestic product (GDP) by men and by women in the Canadian economy for the first time. Up to now, increases in the educational attainment of women and their participation in the market economy are reflected in education and labour market statistics but the contribution of men and women to production has not been delineated. The paper implements a new method for measuring GDP for men and women between 2008 and 2018 based on administrative records. It informs on the rising share of activity attributable to women and documents those areas of GDP where women make the largest and smallest contributions.

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:

About once every five years, the System of National Accounts (SNA) is rebased to keep up with the evolution of prices in the economy. In other words, its aggregates at constant prices are recalculated in terms of the prices of a more recent time. Also, the System is revamped about once a decade to introduce new accounting conventions, improved methods of estimation and revised statistical classifications. These revisions will change the gross domestic product (GDP) of the past 70 years. Both types of revision are presently underway, with their results scheduled for release next year.

This article takes an advance look at the likely effect of rebasing the SNA on the record of growth since 1992. It presents the results of an approximate rebasing of the expenditure-based GDP of the quarterly National Income and Expenditure Accounts (NIEA).

Description:

The International System of National Accounts 1993 (1993 SNA) was prepared and published under the auspices of the Inter-secretariat Working Group on National Accounts. This working group consists of the Statistical Office of the European Communities, the International Monetary Fund, the Organisation of Economic Co-operation and Development, the Statistical Division and regional commissions of the United Nations Secretariat, and the World Bank. The adoption of this document for universal implementation was unanimously recommended to the United Nations Economic and Social Council by its Statistical Commission at the 27th session, held in New York from February 22 to March 3, 1993. The plan for implementing the 1993 SNA system, however, does not seem to be as well organized as its production was.

Very detailed comments have been made on this document in two papers entitled 'The 1993 International System of National Accounts vis-à-vis The Canadian System of National Accounts,' and 'The 1993 International System of National Accounts and the Canadian Input-Output Tables.' In a summary fashion, the present paper highlights certain important areas where the Canadian System of National Accounts (CSNA) will need to revise its practices to conform to the 1993 SNA. The reader is encouraged to refer to these two papers for further details.

Description:

One of the most significant financial market trends is the increased use of derivative instruments. Across the entire investment spectrum, from private investors to major banks and large institutional fund managers, the use of derivative products is becoming encompassing. Derivatives can be broadly defined as secondary assets, the value of which changes in concert with price movements of a related or underlying primary asset. These instruments may be divided into four broad categories: futures, forwards, options and swaps. Trading on established exchanges, and very active in over-the-counter markets, derivative contracts have become fundamental tools in both domestic and international finance.

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.

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.