Economic accounts

Description:

This paper examines the revision cycle for labour productivity estimates over the period 2000-2003.

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This paper compares output per person across Canadian provinces - using nominal or current dollar GDP per capita as the metric over the period 1990 to 2003. Differences in GDP per capita can be attributed to differences in the underlying efficiency of provincial economies. This is measured by labour productivity or GDP per hours worked. Differences also arise from the amount of human resources that are employed, as measured by work intensity or hours worked per capita. This paper examines the extent to which differences in GDP per capita can be attributed to each of these two factors.

Description:

This article presents a trend analysis of the tourism trade balance between Canada and the United States using data from the International Travel Survey. Specifically, the article is an attempt to identify the factors or travel characteristics that had the greatest effect on the tourism trade balance since 1991. Pre-1991 data are not considered. The study focuses exclusively on travel between Canada and the United States because the U.S. contributes more than any other country to Canada's international travel receipts and is the country where Canadian travellers spend the most outside Canada.

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Travel-log is a quarterly tourism newsletter that examines international travel trends, international travel accounts and the travel price index. It also features the latest tourism indicators and includes feature articles related to tourism.

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This paper examines the level of labour productivity in Canada relative to that of the United States in 1999. In doing so, it addresses two main issues. The first is the comparability of the measures of GDP and labour inputs that the statistical agency in each country produces. Second, it investigates how a price index can be constructed to reconcile estimates of Canadian and U.S. GDP per hour worked that are calculated in Canadian and U.S. dollars respectively. After doing so, and taking into account alternative assumptions about Canada/U.S. prices, the paper provides point estimates of Canada's relative labour productivity of the total economy of around 93% that of the United States. The paper points out that at least a 10 percentage point confidence interval should be applied to these estimates. The size of the range is particularly sensitive to assumptions that are made about import and export prices.

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This paper investigates the size of the output and productivity shortfall between Canada and the US in the late 1990s and finds that the primary reason for the difference in not lower labour productivity but fewer hours worked per capita.

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The difference in the output gap (GDP per capita) between Canada and the United States is broken down into two components - differences in productivity (GDP per hour worked) and differences in effort (hours worked per capita) for the period 1994 to 2002. The paper shows that, on average, the majority of the output gap is accounted for by differences in hours worked rather than differences in productivity. Since 1994, the output gap has narrowed slightly, primarily because of an increase in hours worked in Canada relative to the United States.

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This document describes the sources, concepts and methods utilized by the Canadian Productivity Accounts and discusses how they compare with their U.S. counterparts.

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This series of articles provides users with an understanding of the notion of productivity and the underlying statistical standards, concepts, and methods used to compile the productivity statistics.

This series enables users to better judge the economic significance, quality and accuracy of the productivity statistics. It is particularly designed for those who regularly use the productivity estimates, such as academics and economic and financial analysts. It is also a reference for others who use the productivity figures less frequently, such as students of economics.

Description:

Canada's balance of payments with the United States should be, in principle, the mirror image of the U.S. balance of payments with Canada. In practice, however, the two countries' statistics have conceptual, methodological and data differences.

Each year, the two countries' balance of payments current accounts are reconciled to reflect how the estimates would appear if both countries used common definitions, methodologies and data sources. Such reconciliation is important because of the extensive economic links between the two countries and the need to explain differences in their published official bilateral estimates.

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Data on the activities of Canadian and foreign multinational enterprises in Canada, for example the number of jobs, assets, operating revenues, international merchandise trade or gross domestic product, as a share of the Canadian economy.

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Data on the activities of foreign multinational enterprises in Canada, for example the number of jobs, assets, operating revenues, international merchandise trade or gross domestic product, by immediate and ultimate investor country.

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Labour productivity and related measures by business sector industry and by non-commercial activity consistent with the industry accounts, provinces and territories, annual.

Description: Labour statistics by job category, for Canada, the provinces and territories, annual.

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This table presents data for the current year and previous 4 years on labour statistics by job category, for Canada, the provinces and territories, annually, by total number of jobs.

Description:

This table presents data for the current year and previous 4 years on labour statistics by job category, for Canada, the provinces and territories, annually, by total number of jobs.

Description:

This table presents data for the current year and previous 4 years on labour statistics by job category, for Canada, the provinces and territories, annually, by total number of jobs.

Description:

This table presents data for the current year and previous 4 years on labour statistics by job category, for Canada, the provinces and territories, annually, by total number of jobs.

Description:

This table presents data for the current year and previous 4 years on labour statistics by job category, for Canada, the provinces and territories, annually, by total number of jobs.

Description:

Data on the activities of foreign multinational enterprises in Canada, for example the number of jobs, assets, operating revenues, international merchandise trade or gross domestic product, by ultimate investor country and industry.

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 2023 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: 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 presents revisions to the Gross Domestic Product (GDP) by Income and by Expenditure from the Income and Expenditure Accounts (IEA) for the 2020 to 2022 period. These revisions were reflected in the 2022 Provincial and Territorial Economic Accounts estimates, released on November 8, 2023.

Description: This infographic features government spending data in Canada for the 2022-2023 fiscal year. It gives a breakdown of expenses by the socio-economic purpose for which the funds are used.

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 presentation provides a summary of recent trends relating to economic growth, inflation and affordability. It highlights examples of current economic pressures and potential challenges.

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

Description: This research study examines the economic impact of the semiconductor industry in Canada in 2020 as it relates to several economic concepts, such as sales and revenue, employment, research and development, and international trade. The study is based on a custom list of 561 firms in the industry provided by Innovation, Science and Economic Development Canada.

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.

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

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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.