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- Articles and reports: 46-28-0001202100200001Description:
The Canadian Housing Statistics Program (CHSP) uses new sales data to explore property and buyer characteristics in a three-part series that focuses on Nova Scotia, New Brunswick and British Columbia. As the first part of this series, this article examines properties sold from January 1 to December 31, 2018, providing new information on the geographic distribution of sales, as well as the property types, sale prices and living areas of properties sold.
Release date: 2021-08-11 - Articles and reports: 11-626-X2019011Geography: Census metropolitan areaDescription: From 1980 to 2017, Canada welcomed 1,088,000 refugees, an average of about 30,000 per year. For many refugees, homeownership is an important milestone in their path to social and economic integration. This article in the Economic Insights series highlights new data on homeownership among residents who came to Canada as resettled refugees. It reports on how the stock of refugee-owned housing in Vancouver and Toronto compares to that of Canadian-born residents, highlighting differences in property values across various segments of the housing market. Information on the location, age and size of properties and on the age and income of property owners is used to assess relative differences in property values between the two groups. Estimates are based on data developed by the Canadian Housing Statistics Program, released in December 2018.Release date: 2019-06-18
- Articles and reports: 11-626-X2019001Geography: Census metropolitan areaDescription:
This article in the Economic Insights series highlights new data on the ownership of residential properties in Toronto and Vancouver. It focuses solely on residential properties owned by Canadian residents, and evaluates how the housing assets of immigrants differ from those owned by Canadian-born residents. It reports on the prevalence of immigrant ownership for different types of housing, including single-detached houses, semi-detached houses, row houses and condominium apartments, and compares the property values of Canadian-born and immigrant-owned assets. Information on the location, age and size of properties is used to assess differences in the relative value of immigrant-owned housing.
Release date: 2019-01-29 - Articles and reports: 81-004-X200900511049Description:
This article highlights a few of the findings of a recent report published by Statistics Canada that analyzed trends in the age of education infrastructure in Canada over the period between 1961 and 2008, using data from the Capital and Repair Expenditures Survey. The article explains how changes in the age of education infrastructure are measured and provides an overview of trends in the average age of education infrastructure, by education level, at both the national and provincial levels.
Release date: 2009-12-16 - Articles and reports: 11F0027M2008050Geography: CanadaDescription:
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 - Articles and reports: 11F0024M20040007449Description:
The state and local government sector owns nearly 90% of the nonmilitary capital structures and 70% of the nonmilitary equipment in the U.S. As such state and local governments are the key policymakers in determining levels of infrastructure investment. Yet as stewards of infrastructure, the states have had a rocky history. Current engineering studies examining the condition of U.S. capital stock suggest that much of it is disrepair and that investments of nearly $1.6 trillion would be needed over the next 5 years to restore full functionality to major types of infrastructure.
Recently states have shown renewed interest in using capital investment in infrastructure as an economic development tool. Popular economic development theories based on enhancing industry agglomeration often find the condition of key infrastructure as a factor in economic growth. While many states accept this conclusion, they are faced with a policy conundrum. Facing tight fiscal circumstances, states and localities are trying to determine which infrastructure investments matter in triggering economic growth. This paper will survey what is known about measuring the effect of infrastructure investment and discuss whether states are asking the right questions before spending infrastructure dollars.
Release date: 2004-11-25
Stats in brief (0)
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Articles and reports (6)
Articles and reports (6) ((6 results))
- Articles and reports: 46-28-0001202100200001Description:
The Canadian Housing Statistics Program (CHSP) uses new sales data to explore property and buyer characteristics in a three-part series that focuses on Nova Scotia, New Brunswick and British Columbia. As the first part of this series, this article examines properties sold from January 1 to December 31, 2018, providing new information on the geographic distribution of sales, as well as the property types, sale prices and living areas of properties sold.
Release date: 2021-08-11 - Articles and reports: 11-626-X2019011Geography: Census metropolitan areaDescription: From 1980 to 2017, Canada welcomed 1,088,000 refugees, an average of about 30,000 per year. For many refugees, homeownership is an important milestone in their path to social and economic integration. This article in the Economic Insights series highlights new data on homeownership among residents who came to Canada as resettled refugees. It reports on how the stock of refugee-owned housing in Vancouver and Toronto compares to that of Canadian-born residents, highlighting differences in property values across various segments of the housing market. Information on the location, age and size of properties and on the age and income of property owners is used to assess relative differences in property values between the two groups. Estimates are based on data developed by the Canadian Housing Statistics Program, released in December 2018.Release date: 2019-06-18
- Articles and reports: 11-626-X2019001Geography: Census metropolitan areaDescription:
This article in the Economic Insights series highlights new data on the ownership of residential properties in Toronto and Vancouver. It focuses solely on residential properties owned by Canadian residents, and evaluates how the housing assets of immigrants differ from those owned by Canadian-born residents. It reports on the prevalence of immigrant ownership for different types of housing, including single-detached houses, semi-detached houses, row houses and condominium apartments, and compares the property values of Canadian-born and immigrant-owned assets. Information on the location, age and size of properties is used to assess differences in the relative value of immigrant-owned housing.
Release date: 2019-01-29 - Articles and reports: 81-004-X200900511049Description:
This article highlights a few of the findings of a recent report published by Statistics Canada that analyzed trends in the age of education infrastructure in Canada over the period between 1961 and 2008, using data from the Capital and Repair Expenditures Survey. The article explains how changes in the age of education infrastructure are measured and provides an overview of trends in the average age of education infrastructure, by education level, at both the national and provincial levels.
Release date: 2009-12-16 - Articles and reports: 11F0027M2008050Geography: CanadaDescription:
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 - Articles and reports: 11F0024M20040007449Description:
The state and local government sector owns nearly 90% of the nonmilitary capital structures and 70% of the nonmilitary equipment in the U.S. As such state and local governments are the key policymakers in determining levels of infrastructure investment. Yet as stewards of infrastructure, the states have had a rocky history. Current engineering studies examining the condition of U.S. capital stock suggest that much of it is disrepair and that investments of nearly $1.6 trillion would be needed over the next 5 years to restore full functionality to major types of infrastructure.
Recently states have shown renewed interest in using capital investment in infrastructure as an economic development tool. Popular economic development theories based on enhancing industry agglomeration often find the condition of key infrastructure as a factor in economic growth. While many states accept this conclusion, they are faced with a policy conundrum. Facing tight fiscal circumstances, states and localities are trying to determine which infrastructure investments matter in triggering economic growth. This paper will survey what is known about measuring the effect of infrastructure investment and discuss whether states are asking the right questions before spending infrastructure dollars.
Release date: 2004-11-25
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Journals and periodicals (0) (0 results)
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