Economic accounts

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.

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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.

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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.

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In 1994, Statistics Canada published its first estimates of a Tourism Satellite Account (TSA) for the 1988 reference year. In all subsequent work, there has been an ongoing concern on the part of Canadian national accountants with respect to the need for regular updates to the TSA. This article marks the completion of the work involved in updating the TSA for the 1992 reference year and the revisions made to the 1988 year. An analysis of the results as well as a discussion of the structural changes between the two reference years is presented in this paper. In addition, the underlying reasons for the revisions to the previously published 1988 estimates are discussed. A section is also devoted to future developments currently under consideration in the Canadian context, in particular those relating to the development of provincial TSAs for the 1996 reference year.

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As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.

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As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.

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As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Change in valuation from factor cost to basic prices.

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As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Adoption of NAICS.

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This product provides a listing of all the publications, products and services of the National Accounts Branch.

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This paper offers a Canadian viewpoint of globalization by presenting the concepts and main trends of foreign direct investment issues.

Description: This table contains 13713 series, with data for years 1961 - 1996 (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: Canada ...) Inputs-outputs (2 items: Inputs; Outputs ...) North American Industry Classification System (NAICS) (118 items: Total industries; Crop and animal production; Forestry and logging; Fishing; hunting and trapping ...) Commodity (470 items: Total commodities; Hogs; Poultry; Cattle and calves ...).

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This table contains 399 series, with data for years 1981 - 1997 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (16 items: Canada; Newfoundland and Labrador; Prince Edward Island; Nova Scotia ...), Implicit price index components (29 items: Gross domestic product (GDP) at market prices; Semi-durable goods; Durable goods; Personal expenditure on consumer goods and services ...).

Description:

This table contains 173 series, with data for years 1961 - 1980 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (15 items: Canada; Prince Edward Island; Nova Scotia; Newfoundland and Labrador ...), Income-based estimates (12 items: Corporation profits before taxes; Provincial gross domestic product (GDP) at market prices; Net domestic income at factor cost; Interest and miscellaneous investment income ...).

Description:

This table contains 509 series, with data for years 1961 - 1980 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. 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 ...), Expenditure-based estimates (35 items: Provincial gross domestic product (GDP) at market prices; Personal expenditure on consumer services; Durable goods; Personal expenditure on consumer goods and services ...).

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This table contains 20 series, with data for years 1981 - 1991 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Outside Canada ...), Expenditure-based estimates (20 items: Final domestic demand; Personal expenditure on consumer goods and services; Government current expenditure on goods and services; Personal expenditure on consumer services ...).

Description:

This table contains 476 series, with data for years 1971 - 1991 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Canada; Nova Scotia; Prince Edward Island; Newfoundland and Labrador ...), Final domestic demand components (34 items: Final domestic demand; total; Personal expenditure on consumer goods and services; Durable goods; Semi-durable goods ...).

Description:

This table contains 19 series, with data for years 1981 - 1991 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Outside Canada ...), Implicit price index components (19 items: Provincial gross domestic product (GDP) at market prices; Personal expenditure on consumer goods and services; Government current expenditure on goods and services; Services ...).

Description:

This table contains 406 series, with data for years 1971 - 1991 (not all combinations necessarily have data for all years), and was last released on 2009-01-23. This table contains data described by the following dimensions (Not all combinations are available): Geography (14 items: Canada; Newfoundland and Labrador; Nova Scotia; Prince Edward Island ...), Implicit price index, components (29 items: Final domestic demand; total; Durable goods; Semi-durable goods; Personal expenditure on consumer goods and services ...).

Description: This table contains 1404 series, with data for years 1961 - 1997 (not all combinations necessarily have data for all years), and was last released on 2009-01-22. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Multifactor productivity and related variables (27 items: Multifactor productivity based on gross output; Multifactor productivity based on value-added; Labour productivity based on value-added; Labour productivity based on gross output ...), Standard Industrial Classification (SIC) (52 items: Agricultural and related services industries; Mining (including milling); quarrying and oil well industries; Fishing and trapping industries; Logging and forestry industries ...).

Description:

This table contains 16 series, with data for years 1926 - 1960 (not all combinations necessarily have data for all years), and was last released on 2009-01-21. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of industry (16 items: Total industries; Fishing and trapping; Agriculture; Forestry ...).

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 second half of 2022 and into the winter months. The article also examines how economic conditions have changed as borrowing costs have risen.

Description: The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF). Typically, real consumption and real GFCF are expected to progress similarly to real gross domestic product (GDP), however during the period covered by the COVID-19 pandemic, real consumption and real GFCF grew at a stronger pace than real GDP. This article illustrates how examining real income rather than real production can address this paradox. Specifically, the roles of changes in production (the use of capital, labour and multifactor productivity used to produce real GDP) and changes in non-production sources of real income growth (the trading gain and net income from abroad) are examined.

Description: This documentation outlines the methodology used to develop the Distributions of household economic accounts published in March 2023 for the reference years 2010 to 2022. 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: This infographic presents alcohol and cannabis sales in Canada for the period from April 1, 2021, to March 31, 2022. It gives a breakdown of sales by type of alcoholic beverage and cannabis product. It also shows the revenue governments earned from the control and sale of alcoholic beverages and cannabis products.

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

Description: A key feature of the buildup in inflationary pressure over the last two years is the extent to which it became increasingly broad-based, with elevated price increases affecting a gradually wider set of products and services. This spotlight article provides some context on the amount of consumer spending that has been impacted by high inflation since price pressures began to build in early 2021. Using expenditure weights from the consumer price index, it reports on the share of the expenditure basket that falls into different inflationary ranges, first based on all products and services, and then separately for food products.

Description: Physical flow accounts (PFA) record the annual flows of natural resources, products and residuals between the Canadian economy and the environment. The Water Account describes the use of the natural resource input of water and of water accessed through municipal water supply or irrigation systems by industries, governments, institutions, and households.

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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.

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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 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.

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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.

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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.

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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.

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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.

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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.

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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.