Economic accounts

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The Canada e-Book is an online version of the Canada Year Book with texts, tables, charts and audio clips that present the country's economic and social trends. The Canada e-Book illustrates Canada and Canadians under four broad headings: The Land, The People, The Economy, and The State. You will find a wealth of information on topics including the human imprint on the environment, population and demography, health, education, household and family life, labour force, arts and leisure, industries, finance, government and justice. All Canadians will enjoy this useful reference that helps explain the social, economic and cultural forces that shape our nation.

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This article examines gross domestic product, growth in housing, consumer spending, manufacturing production, international exports, business inventories and labour income for each of the provinces in 2002.

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This article studies recent divergence between Canadian and U.S. household, government, business and external spending and saving. It also looks at the implications for lending and borrowing in the two countries.

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This paper outlines the size of the turnover in plants that have entered and exited the Canadian manufacturing sector during the three periods: 1973-1979, 1979-1988 and 1988-1997. It also examines the contribution of plant turnover to labour productivity growth in the manufacturing sector over the three periods. Plant turnover makes a significant contribution to productivity growth as more productive entrants replace exiting plants that are less productive. A disproportionately large fraction of the contribution of plant turnover to productivity growth is due to multi-plant or foreign-controlled firms closing down and opening up new plants. The plants opened up by multi-plant or foreign-controlled firms are typically much more productive than those opened by single-plant or domestic-controlled.

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This research paper explores the productivity gap between Canada and the United States. It constructs a North American frontier for the business sector and manufacturing sectors based on data from the two countries.

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This article examines financial markets, business investment, household spending, interest rates, taxes, the job market and other economic developments in Canada and around the world in 2002. These factors are seen against longer-term trends in our society, such as an aging population and the increasing education of women.

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Productivity growth in Canada (PGC), is the reference publication on productivity in Canada. The objective of this publication is twofold: a) to illustrate the importance of productivity trends on the changes in living standards in Canada and, b) to measure the productivity performance of the Canadian economy in comparison with the United States, in particular. PGC includes articles on productivity and related issues and serves as a vehicle to understanding the sources underlying economic growth in Canada.

Description: In the 1997 edition, new and revised benchmarks were introduced for 1992 and 1988. The indicators are used to monitor supply, demand and employment for tourism in Canada on a timely basis. The annual tables are derived using the National Income and Expenditure Accounts (NIEA) and various industry and travel surveys. Tables providing actual data and percentage changes, for seasonally adjusted current and constant price estimates are included. In addition, an analytical section provides graphs, and time series of first differences, percentage changes, and seasonal factors for selected indicators. Data are published from 1987 and the publication will be available on the day of release. New data are included in the demand tables for non-tourism commodities produced by non-tourism industries and in the employment tables covering direct tourism employment generated by non-tourism industries. This product was commissioned by the Canadian Tourism Commission to provide annual updates for the Tourism Satellite Account.

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Businesses today are involved in a variety of practices aimed at preventing or reducing environmental degradation generated from their production activity. During the 1990s, the environmental regulation context changed. Increasingly, governments have relied on voluntary initiatives undertaken by businesses to reduce pollutants and waste, as opposed to regulations. However, at the same time, the federal authorities have undertaken to revise the Canadian Environmental Protection Act (CEPA), in order to increase federal power for environmental regulation but with strong emphasis put on promoting pollution prevention. Consequently, businesses today are looking at alternative ways to limit impacts from their operations on the environment.

Environmental Management and Technologies in the Business Sector presents a profile of business demand for environmental processes and technologies, pollution prevention methods and environmental practices, such as environmental management systems and voluntary actions. What types of treatment processes are the most popular ones for reducing gas emissions, liquid, solid and hazardous waste, noise, radiation and vibration, for saving energy or for site reclamation? What is the market for environmental processes and technologies? What pollution prevention methods are used more frequently? What additional environmental practices have businesses adopted (for instance, are voluntary programs more popular than eco-labelling?)?

This paper is based on results from the Survey of Environmental Protection Expenditures. For the first time, the survey asked detailed questions on the type of environmental process or technology used and the adoption of environmental practices. The paper is a complement to both 1996-1997 and 1998 Environmental Protection Expenditures in the Business Sector reports (Catalogue no. 16F0006XIE).

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Like most statistical agencies, Statistics Canada publishes three Gross Domestic Product (GDP) series. These are the output-based GDP, the income-based GDP and the expenditure-based GDP. This document is aimed at describing the concepts, definitions, classifications and statistical methods underlying the output-based GDP series, also known as GDP by industry or simply monthly GDP.

The report is organized into seven chapters. Chapter 1 defines what GDP by industry is, describes its various uses and how it connects with the other components of the Canadian System of National Accounts. Chapter 2 deals with the calculation of the GDP by industry estimates. Chapter 3 examines industry and commodity classification schemes. Chapter 4 discusses the subject of deflation. The choice of deflators, the role of the base year and the method of rebasing are all addressed in this chapter. Chapter 5 looks at such technical issues as benchmarking, trading day and seasonal adjustment. Chapter 6 is devoted to the presentation of the GDP by industry, detailing the format, release dates and modes of dissemination, as well as the need and the frequency of revising the estimates. Finally, Chapter 7 reviews the historical development of monthly GDP from 1926 to the present.

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The value added in exports database provides data on the exports and imports of industries, as well as on the direct and indirect impact of each industry’s production for exports on industry and on total gross domestic product and jobs. Industry impacts can be viewed from the perspective of their incidence on other industries or from the perspective of an industry’s dependence on other industries. The data rely on the supply and use tables, which provide the basis for the calculations. Beginning with reference year 2013, a provincial and territorial dimension has been added to the measures. Imports embodied in exports have also been expanded to show their United States (US) and non-US origins.

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Monthly credit aggregates for the household sector, by category.

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Monthly credit aggregates for the private non-financial corporations sector, by category.

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Monthly credit aggregates for the assets of the financial corporation sector, by category.

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Selected credit estimates including loans and debt securities and other financial instruments by creditor (lender) and debtor (borrower) sectors, seasonally adjusted and non-seasonally adjusted.

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Transactions in securities of private non-financial corporations, including net transactions, gross issuances and gross redemptions for debt and equity securities.

Description: The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables. The tables are available at the Detail level and at the Link 1997, Link 1961 and Summary aggregations.

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The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables.

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The symmetric industry by industry input-output tables show inter-industry transactions, that is, all purchases of an industry from all other industries as well as expenditures on imports and the components of value added such as wages and gross operating surplus. Similarly, the symmetric final demand tables show all purchases by each final demand category from all industries as well as expenditures on imports. The symmetric input-output tables are analytically derived from the industry by product supply and use tables.

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Canada's international transactions in securities cover portfolio transactions in Canadian and foreign securities. Monthly data on sales, purchases and net flows are available by type of instrument and issuer.

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

Description: The papers published in the Analysis in Brief analytical series shed light on current economic issues. Aimed at a general audience, they cover a wide range of topics including National Accounts, business enterprises, trade, transportation, agriculture, the environment, manufacturing, science and technology, services, etc.

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

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

Description: This article takes a closer look into the largest contributors and detractors to growth in each province and territory in 2023. Using data from the May 1, 2024 provincial and territorial GDP by industry release as a starting point, a more comprehensive picture of each jurisdiction’s 2023 economic performance is presented by integrating other economic indicators such as population, prices and labour market measures, and by examining the context in which industries grew or contracted during the reference period.

Description: The document focuses on the evolution of Statistics Canada's labour productivity program, tracing its historical background, outlining its structure, as well as detailing the methodology and data sources used. It then discusses the diverse applications of provincial productivity data, identifies key users of productivity statistics, and highlights essential considerations for their interpretation. Finally, the document addresses the review process for quarterly and annual productivity measures and recent program improvements.

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

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

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These educational resources provide instructors with innovative materials, lesson plans and case study assignments based on environmental statistics produced by Statistics Canada. Resources have been developed for educators at the elementary, high school and post-secondary levels.

Curriculum links include grades 1 to 12 geography, social studies, biology, mathematics, science and economics, as well as introductory post-secondary geography and environmental science.

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Results of the redesigned Capital and Repair Expenditures Survey were released on May 4, 2015. With this redesign, macroeconomic accounting adjustments that were previously applied to the survey results, to better align with System of National Accounts (SNA) concepts, will no longer be made. This note provides users with an overview of the concepts of capital expenditure and gross fixed capital formation (GFCF) and the adjustments that are needed in order to bring capital expenditure in line with the SNA concept of GFCF.

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Estimates of the underground economy by province and territory for the period 2007 to 2012 are now available for the first time. The objective of this technical note is to explain how the methodology employed to derive upper-bound estimates of the underground economy for the provinces and territories differs from that used to derive national estimates.

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The Canadian System of Macroeconomic Accounts (CSMA) is a source of invaluable information for business, governments and citizens. These accounts provide users with important insights into the inner-workings of the economy, current economic trends and interactions between the various sectors of the economy. In order for these accounts to remain relevant, the underlying concepts, methods, classification systems and data sources need to be periodically updated.

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Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of Gross Domestic Product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.

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An overview of the Canadian Government Finance Statistics (CGFS) framework; how it relates to other government statistics such as the Canadian System of Macroeconomic Accounts and the Public Accounts; and the new GFS data products available to users

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Beginning in November 2014, International Trade in goods data will be provided on a Balance of Payments (BOP) basis for additional country detail. In publishing this data, BOP-based exports to and imports from 27 countries, referred to as Canada’s Principal Trading Partners (PTPs), will be highlighted for the first time. BOP-based trade in goods data will be available for countries such as China and Mexico, Brazil and India, South Korea, and our largest European Union trading partners, in response to substantial demand for information on these countries in recent years. Until now, Canada’s geographical trading patterns have been examined almost exclusively through analysis of Customs-based trade data. Moreover, BOP trade in goods data for these countries will be available alongside the now quarterly Trade in Services data as well as annual Foreign Direct Investment data for many of these Principal Trading Partners, facilitating country-level international trade and investment analysis using fully comparable data. The objective of this article is to introduce these new measures. This note will first walk users through the key BOP concepts, most importantly the concept of change in ownership. This will serve to familiarize analysts with the Balance of Payments framework for analyzing country-level data, in contrast to Customs-based trade data. Second, some preliminary analysis will be reviewed to illustrate the concepts, with provisional estimates for BOP-based trade with China serving as the principal example. Lastly, we will outline the expansion of quarterly trade in services to generate new estimates of trade for the PTPs and discuss future work in trade statistics.

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The methodology for estimating the Flows and Stocks of Fixed Capital has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.

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Canadian international merchandise trade data are released monthly and may be revised in subsequent releases as new information becomes available. These data are released approximately 35 days following the close of the reference period and represent one of the timeliest economic indicators produced by Statistics Canada. Given their timeliness, some of the data are not received in time and need to be estimated or modelled. This is the case for imports and exports of crude petroleum and natural gas. More specifically, at the time of release, energy trade data are based on an incomplete set of information and are revised as Statistics Canada and National Energy Board information becomes available in the subsequent months. Due to the increasing importance of energy imports and exports and the timeliness of the data, the revisions to energy prices and volumes are having an increasingly significant impact on the monthly revision to Canada’s trade balance. This note explains how the estimates in the initial release are made when data sources are not yet available, and how the original data are adjusted in subsequent releases.

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These educational resources provide instructors with innovative materials, lesson plans and case study assignments to accompany the 2013 release of the Human Activity and the Environment article, “Measuring ecosystem goods and services in Canada.” The materials and activities were developed by the Critical Thinking Consortium, a non-profit, registered association of 55 educational partners—school districts, schools, teacher associations and other educational organizations.

Resources were developed for a junior high school, senior high school and introductory post-secondary audience. Curriculum links include grades 7 to 12 geography, social studies, biology, science and economics, as well as introductory post-secondary geography and environmental science.