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 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 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 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: 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:

This table contains 29 series, with data for years 2009 - 2019 (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 item: Canada) Central government debt (29 items: A. Federal debt (accumulated deficit), (B - E); B. Net debt, (C - D); C. Liabilities, gross debt; Accounts payable and accrued liabilities; ...).

Description:

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

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:

Vintages of releases of gross domestic product (GDP) at basic prices, by North American Industry Classification System (NAICS) aggregates, by industry, volume measures, monthly.

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

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: 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.

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: This product contains articles related to the latest methodological, conceptual developments in the Canadian System of Macroeconomic Accounts as well as the analysis of the Canadian economy. It includes articles detailing new methods, concepts and statistical techniques used to compile the Canadian System of Macroeconomic Accounts. It also includes information related to new or expanded data products, provides updates and supplements to information found in various guides and analytical articles touching upon a broad range of topics related to the Canadian economy.

Description: With the 2015 comprehensive revision, the Canadian System of Macroeconomic Accounts (CSMA) has introduced a major presentational change to the national and the provincial and territorial input-output tables. The previous CSMA input-output presentation differed from the international standard and the practice found in most national statistical organizations. The CSMA has aligned its presentation with the international standard and replaces the presentation found in catalogues 15F0041X and 15F0042X, as well as 15F0002X.

Description:

This article describes the upcoming revisions (November 2019) in the Canadian Macroeconomic Accounts resulting from the inclusion of illegal cannabis production, consumption and distribution as well as statistical revisions of the international travel services. The paper highlights the impact of these revisions on Gross Domestic Product (GDP) and the balance of international payments (BOP).

Description:

The mandate of the Analytical Studies Branch (ASB) is to provide high-quality, relevant and timely information on economic, health and social issues that are important to Canadians. The branch strategically makes use of expert knowledge and a large range of statistical sources to describe, draw inferences from, and make objective and scientifically supported deductions about the evolving nature of the Canadian economy and society. Research questions are addressed by applying leading-edge methods, including microsimulation and predictive analytics using a range of linked and integrated administrative and survey data. In supporting greater access to data, ASB linked data are made available to external researchers and policy makers to support evidence-based decision making. Research results are disseminated by the branch using a range of mediums (i.e., research papers, studies, infographics, videos, and blogs) to meet user needs. The branch also provides analytical support and training, feedback, and quality assurance to the wide range of programs within and outside Statistics Canada.

Description:

The input-output (IO) models are generally used to simulate the economic impacts of an expenditure on a given basket of goods and services or the output of one or several industries. The simulation results from a "shock" to an IO model will show the direct, indirect and induced impacts on GDP, which industries benefit the most, the number of jobs created, estimates of indirect taxes and subsidies generated, etc. For more details, ask us for the Guide to using the input-output simulation model, available free of charge upon request.

At various times, clients have requested the use of IO price, energy, tax and market models. Given their availability, arrangements can be made to use these models on request.

The national IO model was not released in 2015 or 2016.

Description:

The input-output (IO) models are generally used to simulate the economic impacts of an expenditure on a given basket of goods and services or the output of one or several industries. The simulation results from a "shock" to an IO model will show the direct, indirect and induced impacts on GDP, which industries benefit the most, the number of jobs created, estimates of indirect taxes and subsidies generated, etc. For more details, ask us for the Guide to using the input-output simulation model, available free of charge upon request.

At various times, clients have requested the use of IO price, energy, tax and market models. Given their availability, arrangements can be made to use these models on request.

The interprovincial IO model was not released in 2015 or 2016.

Description: This guide provides a detailed explanation of the structure, concepts and history of Canada’s System of Macroeconomic Accounts.

Description:

An explanation of the structure and concepts of Canada’s new government financial statistics-based public sector accounts.

Description:

The input-output multipliers are derived from the supply and use tables. They are used to assess the effects on the economy of an exogenous change in final demand for the output of a given industry. They provide a measure of the interdependence between an industry and the rest of the economy.

The national and provincial multipliers show the direct, indirect, and induced effects on gross output, the detailed components of GDP, jobs, and imports. Like the supply and use tables, the multipliers are presented at four levels of aggregation: Detail level (236 industries), Link-1997 level (187 industries), Link-1961 level (111 industries) and Summary level (35 industries).

Description:

Users of macroeconomic statistics require long time series in order to understand economic cycles, forecast and conduct economic modeling. In general the longer the time series the better users are able to understand the economy. Statistics Canada has been producing macroeconomic account statistics since the 1930s. Over the last 80 plus years these statistics have evolved due to the changing nature of the economy, the development of international macroeconomic accounting standards and the development of new statistical methods and processes.