Gross fixed assets (non-residential)

By the end of 2006, the country will have more than $3.1 trillion in structures and equipment, measured in current prices, in use to produce goods and services in the economy.

About three-quarters of this total consist of building and engineering structures, while about one-quarter comprises machinery and equipment. A decade ago, this ratio was closer to two-thirds for structures and one-third for machinery and equipment.

Over the past 10 years, gross fixed assets have increased 26% at constant 1997 prices. Growth has been particularly strong in machinery and equipment assets, which increased 53% during the past 10 years.

Note: This release of 2006 fixed assets includes not only the normal update of an additional year of data along with the standard revisions to the most recent years but also an updating of the basic parameters used in the perpetual inventory method (PIM) and a significant change to the level at which the PIM is applied. In light of these revisions, the detailed data on investment, depreciation and stock variables were revised back as far as 1955.

An overview of the parameter update is presented in the technical note "Fixed Assets 2006 Revisions", available in the documentation section of the hyperlink of the survey number 2820 below.

These series are presented on the basis of the North American Industry Classification System (NAICS Canada 2002). At this time, we have both current and constant dollar series available. The series using a chain Fisher formula will be available in January.

Available on CANSIM: table 031-0002.

Definitions, data sources and methods: survey number 2820.

To order data, contact Flo Magmanlac (613-951-2765: stock@statcan.gc.ca). For more information, or to enquire about the concepts, methods or data quality of this release, contact Michel Labonté (613-951-9690), Investment and Capital Stock Division.