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All (61)

All (61) (0 to 10 of 61 results)

1. Mapping Production Activity in Yukon: Experimental Indexes of Grid Square-based Gross Domestic Product
Articles and reports: 11-633-X2023003
Description: This paper spans the academic work and estimation strategies used in national statistics offices. It addresses the issue of producing fine, grid-level geography estimates for Canada by exploring the measurement of subprovincial and subterritorial gross domestic product using Yukon as a test case.
Release date: 2023-12-15
2. Real production and real income growth over the COVID-19 pandemic
Articles and reports: 36-28-0001202300400004
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.
Release date: 2023-05-08
3. Real wages and productivity during the COVID-19 pandemic
Articles and reports: 36-28-0001202201000002
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.

Release date: 2022-10-27
4. Improving the measurement of the contribution of women to the economy: Estimates of gross domestic product by gender
Articles and reports: 36-28-0001202201000003
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.

Release date: 2022-10-27
5. COVID-19 restrictions index update
Articles and reports: 36-28-0001202200800002
Description:
The onset of COVID-19 in March 2020 brought with it restrictions on personal activities and business activities across the country. To help measure the stringency of the restrictions, a COVID-19 restriction index was created at Statistics Canada to measure the strength of the public health measures on a provincial/territorial basis. This article provides an updated set of estimates for the restriction index up to July 31, which covers the remaining portion of the Omicron wave as well as the period of re-opening that took place over spring and summer 2022.

Release date: 2022-08-24
6. Exploring the business dynamics of self-employed child care service providers
Articles and reports: 36-28-0001202200800003
Description:
Child care in Canada is essential for supporting paid employment for parents, particularly women who do the majority of child care work. This paper examines the characteristics and evolution of the population of small home daycares and their operators that are ubiquitous throughout Canada. It fills an information gap in the current understanding of the child care market in Canada by providing information about the entrepreneurs that run home child cares, their families and their incomes.

Release date: 2022-08-24
7. Measuring the Correlation Between COVID-19 Restrictions and Economic Activity
Articles and reports: 11-633-X2022003
Description:
This paper develops COVID-19 restrictions indexes for all provinces and territories. Indexes are produced at a daily frequency and illustrate the overall level of restrictions as well as differences in restrictions on the vaccinated and the unvaccinated portions of the population.

Release date: 2022-03-28
8. Estimates of the economic activity in and around flooded areas in British Columbia
Articles and reports: 36-28-0001202101200003
Description:
This article reports experimental estimates for the impact of flooding in B.C. on local economies. The paper uses a firm level dataset to geographically determine firm locations that are likely to have been affected by flooding due to heavy rains during November 13th to November 15th 2021.

Release date: 2022-01-18
9. The early learning and child care industry in Canada: Business characteristics and industry gross domestic product
Articles and reports: 36-28-0001202100800006
Description:
Childcare supports labour force participation for parents, and can support language, early learning, and the social development of children before they enter the school system. However, there has been little consistent, comparable information on early learning and childcare businesses across the provinces and territories. This paper examines the business and economic characteristics of childcare in Canada, which is provided by firms through markets, and early learning services funded by governments through junior kindergarten and kindergarten. The paper uses administrative datasets to identify firms providing childcare services in Canada for children up to and including the age of 5 for the period from 2008 to 2016. The childcare firms are then used as a basis to examine the revenue and Gross domestic product of the childcare industry based on the type of firm (incorporated vs. unincorporated) generating the income.
Release date: 2021-08-25
10. Experimental Economic Activity Indexes for Canadian Provinces and Territories: Experimental Measures Based on Combinations of Monthly Time Series
Articles and reports: 11-633-X2020003
Description:
Timely measures of economic activity are critical for understanding how economies perform, and for informing policy responses to macroeconomic fluctuations. The onset of the pandemic due to the emergence of the SARS-Cov-2 virus emphasized this, as well as the need for geography-specific measures. Presently, Canada has a robust system for producing up-to-date measures of activity, such as real gross domestic product (GDP), at the national level. For provincial and territorial economies, monthly information on labour markets or particular activities such as manufacturing or international trade are available, but a monthly measure of aggregate economic activity is not available. This paper explores methods for creating a monthly indicator of economic activity for the provinces and territories.
Release date: 2020-08-19

Stats in brief (1)

Stats in brief (1) ((1 result))

1. Resources: Long-term shifts in commodities Archived
Stats in brief: 11-630-X2014003
Description:
Canada's economic story owes much to its bountiful natural resources. The December edition of Canadian Megatrends examines the role these assets have played in the growth and development of this country.

Release date: 2014-12-23

Articles and reports (60)

Articles and reports (60) (50 to 60 of 60 results)

51. Terms of Trade in Central Canada Archived
Articles and reports: 11-624-M2008022
Geography: Province or territory
Description:
This paper examines Ontario's and Quebec's adjustments to the resource boom. Higher commodity prices, an appreciating dollar, and increased foreign competition between 2002 and 2007 led to a restructuring of the Central Canadian economies. The restructuring manifested itself in all areas of the economy: manufacturing employment and output declined, while services and construction rose; within manufacturing there were declines across most industries in Ontario, and a shift away from consumer products towards capital products in Quebec; purchasing power increased in Ontario and Quebec as export and import prices adjusted.
Release date: 2008-12-11
52. The Resource Boom: Impacts on Provincial Purchasing Power Archived
Articles and reports: 11-624-M2008021
Geography: Province or territory
Description:
The present study illustrates the differential impact on regional economies of relative price changes stemming from commodity price movements, exchange rate changes and changes in international manufactured goods prices. It focuses on Canadian provinces, which are a large, geographically distributed federation of regional economies with widely differing economic bases. In this regard, the study illuminates an important method for examining regional economic performance that is particularly well suited to federations such as Russia or the European Monetary Union, or to large countries such as the United States.
Release date: 2008-11-18
53. An Examination of Public Capital's Role in Production Archived
Articles and reports: 11F0027M2008050
Geography: Canada
Description:
This paper examines whether or not the long-term government bond rate could reasonably be employed as the rate of return on public capital when calculating public sector gross domestic product. It finds that the rate of return on public capital is lower than often reported and is roughly consistent with the rate of return on private capital. Given that there is a range of estimates that are plausible, the paper concludes that the long-run government bond rate could be used as a conservative estimate for the rate of return for public infrastructure.
Previous studies have shown that production function estimates tend to find rates of return that are implausibly large, while cost function estimates appear more reasonable. This paper shows that public capital and total factor productivity (TFP) growth behave similarly, and argues that production function estimates for the impact of public capital overstate its impact as a result, catching part of what belongs in estimates of TFP. It also shows that the similarity between the growth in public capital and TFP leads to a large confidence interval around public capital elasticity estimates derived from the production function framework. The paper then proceeds by generating a confidence interval from the production function estimated first with and then without TFP growth. It then uses a cost function to pinpoint more precisely estimates for the marginal cost savings from public capital. Importantly, the estimate derived from the cost function is found in the lower part of the confidence interval derived from the production function. The rate of return associated with the overlapping estimates is then shown to cover a range that extends from the average long-run government bond rate to the rate of return on private capital.
Release date: 2008-04-15
54. The terms of trade and domestic spending Archived
Articles and reports: 11-010-X200800110510
Geography: Canada
Description:
This paper empirically illustrates the impact of ongoing changes to Canada's terms of trade. It provides a discussion of how the terms of trade are measured and how to interpret terms of trade shifts. Examples of two major factors affecting Canada's terms of trade are provided, followed by an empirical analysis of how the terms of trade improvements that began in early 2003 have affected consumption, investment and import activity. The paper concludes by illustrating why final domestic demand growth has outpaced real GDP growth since 2003.
Release date: 2008-01-17
55. The Terms of Trade and Domestic Spending Archived
Articles and reports: 11-624-M2008018
Geography: Canada
Description:
This paper empirically illustrates the impact of ongoing changes to Canada's terms of trade. It provides a discussion of how the terms of trade are measured and how to interpret terms of trade shifts. Examples of two major factors affecting Canada's terms of trade are provided, followed by an empirical analysis of how the terms of trade improvements that began in early 2003 have affected consumption, investment and import activity. The paper concludes by illustrating why final domestic demand growth has outpaced real GDP growth since 2003.
Release date: 2008-01-17
56. Estimating TFP in the Presence of Outliers and Leverage Points: An Examination of the KLEMS Dataset Archived
Articles and reports: 11F0027M2007047
Geography: Canada
Description:
This paper examines the effect of aberrant observations in the Capital, Labour, Energy, Materials and Services (KLEMS) database and a method for dealing with them. The level of disaggregation, data construction and economic shocks all potentially lead to aberrant observations that can influence estimates and inference if care is not exercised. Commonly applied pre-tests, such as the augmented Dickey-Fuller and the Kwaitkowski, Phillips, Schmidt and Shin tests, need to be used with caution in this environment because they are sensitive to unusual data points. Moreover, widely known methods for generating statistical estimates, such as Ordinary Least Squares, may not work well when confronted with aberrant observations. To address this, a robust method for estimating statistical relationships is illustrated.
Release date: 2007-12-05
57. Canadian and U.S. Real Income Growth Pre and Post 2000: A Reversal of Fortunes Archived
Articles and reports: 11F0027M2007048
Geography: Canada
Description:
Evaluations of an economy's economic performance are often made using a measure of real gross domestic product (GDP) per capita, which represents the average remuneration (labour income plus capital services) that an economy generates through domestic production.
Because real GDP is a constant dollar measure of the remuneration to capital and labour in an economy, it does not account for who owns the capital, how much of it is used up through production or how relative price shifts affect the volume of goods and services that can be purchased.
Modifications can be made to traditional estimates of GDP to account for these factors. This paper examines the performance of the Canadian economy using alternate measures' gross domestic income, gross national income and net national income. The paper also examines the relative performance of the Canadian and U.S. economies using standard GDP measures and these alternate measures.
The comparison spans the period from 1980 to 2006, but focuses on the 2002-to-2006 period. During these latter years, changes in commodity prices, manufactured goods prices, the exchange rate, international investment income and capital consumption have all contributed importantly to real income growth in Canada.
As a result, a very different picture of relative performance of the Canadian and U.S. economies emerges when an aggregate income measure is used that accounts for relative price changes, international income flows and capital consumption than when real GDP is used. From 2002 to 2006, U.S. real GDP per capita grew 9.3% while Canadian GDP per capita rose 7.0%, making it appear that the U.S. economy was outperforming the Canadian economy. However, once changes in resource prices and the exchange rate, international investment income and capital consumption are taken into account, real income per capita in the United States increased by 8.6%, which is similar to its GDP per capita growth. However, the Canadian adjusted measure of real income per capita growth rose 15.6%, more than twice the per capita real GDP growth in Canada and nearly double the U.S. rate.
In contrast, the difference between the two economies was exactly the opposite in the period from 1980 to 2000 when commodity prices were falling, when the exchange rate was not appreciating and when outward flows of income to foreigners were increasing relative to the income paid to Canadians. During this period, when consideration is given to these factors, real income measures in Canada were falling relative to those in the United States.
Release date: 2007-11-22
58. Not Dutch disease, it's China syndrome Archived
Articles and reports: 11-010-X200700810305
Geography: Canada
Description:
The restructuring of the economy since 2003 has been driven by the surge in commodity prices resulting from the integration of China into the world economy. Labour and capital have shifted to the resource sector, notably in western Canada. Despite the rising exchange rate and lower prices manufacturers overall have maintained output while cutting jobs.
Release date: 2007-08-16
59. Not Dutch Disease, It's China Syndrome Archived
Articles and reports: 11-624-M2007017
Geography: Canada
Description:
This paper empirically investigates how the Canadian economy has evolved following the rise in commodity prices and appreciation of the Canadian dollar that began in 2003. The adjustment in the manufacturing industry has garnered the greatest attention because it has borne the brunt of job losses. However, the adjustment of the manufacturing industry has not been straightforward. Rather, a complex reallocation has been taking place within manufacturing that has been predominantly due to the integration of emerging nations into the global economy. The increased commodity prices and falling manufactured prices caused by this integration have affected durable and non-durable manufacturing industries differently. Non-durable manufacturers have tended to see their competitiveness eroded and their output has tended to fall. Durable manufacturers, on the other hand, have increased output in response to the resource boom and increased demand in general. The result has been stable manufacturing output overall, accompanied by a re-orientation of manufacturing output away from non-durables and toward durables.
The appreciated dollar and higher commodity prices have also led to a more widespread industrial reallocation in Canada. The higher commodity prices have started a resource boom, particularly in Alberta. The boom has led to rising resource industry employment, while manufacturing employment declined, and to rising service-sector employment. It has contributed to inter-provincial migration, and has greatly increased the purchasing power of Canadian incomes as terms of trade have improved.
Release date: 2007-08-16
60. Real GDP and the Purchasing Power of Provincial Output Archived
Articles and reports: 11F0027M2007046
Geography: Province or territory
Description:
This paper examines the impact of import and export price changes on economic welfare in Canada, and in each of the provinces. It examines how terms of trade shifts and fluctuations in the ratio of traded to non-traded goods prices affect the purchasing power of domestic production. Terms of trade shifts are shown to have a larger impact in the short-run. Moreover, the paper shows that failing to account for terms of trade shifts, when analysing macroeconomic data, can lead to misinterpretations about the sources of growth or decline in consumption, investment and imports. The magnitude and direction of terms of trade fluctuations, and their impacts, vary by province and over time. Changes in commodity prices are shown to have important effects. The effect of terms of trade shifts is largest in Alberta and Newfoundland and Labrador, while Manitoba is relatively unaffected.
Release date: 2007-07-24

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Date modified:: 2024-04-23