Canadian System of Macroeconomic Accounts and the Culture Satellite Account
The Canadian System of Macroeconomic Accounts (CSMA) is compiled according to an internationally recognized economic accounting standard (SNA 2008). It provides a set of interrelated accounts and a set of concepts, definitions, classifications and accounting rules for compiling and integrating economic data to give a comprehensive picture of the economy and how it works. The CSMA can be used to analyze the production and the use of goods and services by industry, the income generated in production, and the demand for goods and services from households and governments and non-profit institutions serving households. The Culture Satellite Account (CSA) is an extension of the CSMA which focuses on the economic transactions specifically related to culture and sport.
Satellite accounts, such as the CSA, have the structure and principles of the national accounts but are developed as an extension to the core national accounts system - hence the name “satellite”. Since culture or sport are not clearly defined as a “formal” industry within the Canadian economy, it is necessary to identify and extract all the culture or sport content from within the economy and present it in a coherent form-a satellite account. This satellite account provides a framework (i.e., identifies culture/sport industries and products), concepts and definitions which inform us about culture and sport in Canada.
The satellite account presentation adheres to national accounting principles and allows an analyst to compare areas of interest (culture, tourism, etc.) with the entire economy. With the CSA, given its focus on culture and sport, one can answer questions like: What is the economic importance of culture and sport in Canada? The ability to measure culture against the rest of the economy is a very important reason for working within the structure of the CSMA.
The CSA is essentially a detailed rendition of the culture and sport portion of the CSMA for which the Canadian Framework for Culture Statistics (CFCS) 2011 provides the concepts, definitions and classification used to filter economic activity related to culture and sports. The relationship between the CSA, CFCS and CSMA is described in Figure 1 below.
Description for Figure 1
Figure 1 shows the relationship between the Canadian System of Macroeconomic Accounts, Canadian Framework for Culture Statistics 2011 and Canadian Culture Satellite Account. There are two arrows between three boxes; from the Canadian System of Macroeconomic Accounts - shows all economic transaction in the Canadian economy; then Canadian Framework for Culture Statistics - provides the culture filter with which to identify culture content within the Canadian economy; and Canadian Culture Satellite Account - shows all economic transactions in the economy related to culture and sport.
Description for Figure 2
Figure 2 shows the relationship between the Canadian System of Macroeconomic Accounts, Canadian Framework for Culture Statistics and Culture Satellite Account. At the top left of this figure is a box called Canadian System of Macroeconomic Accounts and Supply and Use Tables with an arrow leading down to a box titled Canadian Framework for Culture Statistics. This box has an arrow leading down to a box called Culture Satellite Account, which has an arrow pointing right to a box called Culture Satellite Account perspective. This box includes two smaller boxes called Industry and Product with an arrow leading from one to the other. Another box, located in the right-center of the figure and titled Culture Satellite Account Source data: supply survey, tax information and other information, is linked to the box called Culture Satellite Account by a diagonal dotted arrow representing split factors.
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