National accounts and Gross Domestic Product
Key indicators
Selected geographical area: Canada
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0.6%
(monthly change) -
0.1%
(quarterly change)
More national accounts and gross domestic product indicators
Selected geographical area: Canada
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2.8 million jobs0.8%
(quarterly change)
-
Percentage of total gross domestic product attributable to non-profit institutions - Canada
(Fourth quarter 2023)8.3% -
$18.5 trillion1.4%
(quarterly change)
-
15.00%0.01
(quarterly change)
-
$29.5 billion$2.5 billion
(quarterly change)
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$16.4 trillion1.8%
(quarterly change)
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0.2%
(quarterly change)
-
6.2%
-
1.3%
(quarterly change)
-
108.4 (2017=100)
-
$2,522 billion63.8%
(annual change)
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$2,579 billion (2017 dollars)1.0%
(annual change)
-
$2,754 billion (2017 dollars)2.5%
(annual change)
-
3.8%
(annual change)
-
5.4%
-
7.7%
(annual change)
-
6.84%
-
754,820
-
1,788,569
-
3.6%
(annual change)
-
0.83 US$/CAN$
-
0.77 US$/CAN$
-
0.86 US$/CAN$
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All (22) (0 to 10 of 22 results)
- Articles and reports: 13-605-X202300100005Description: 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.Release date: 2023-11-30
- Articles and reports: 11-621-M2023016Description: 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.Release date: 2023-11-10
- Articles and reports: 11F0027M2014095Description:
This paper examines the investment performance of Canada and the United States, exploring similarities and differences in investments in fixed assets over the 1990-to-2011 period. This is a period when the two countries experienced different shocks. The United States suffered from a major decline in its housing markets after 2007 that did not hit Canada. The world-resource boom in the post-2000 period had a greater impact on Canada than it did on the United States. The Canada–United States exchange rate appreciated dramatically after 2003 thereby making imported machinery and equipment relatively less expensive in Canada.
The comparison is primarily based on investment intensity, measured as the ratio of nominal dollar investment to nominal gross domestic product (GDP), but rates of growth of the volume of investment relative to the volume of GDP are also compared.
Release date: 2014-10-21 - Articles and reports: 11F0027M2014088Geography: CanadaDescription:
This paper compares the relative importance of small and large firms in the business sectors of Canada and the United States from 2002 to 2008 using estimates of the contribution of small and large firms to the gross domestic product (GDP) of each country. It then makes use of estimates of labour input for comparison purposes. In this paper, small firms are defined as those with fewer than 500 employees and large firms as those with 500 or more employees.
Release date: 2014-01-08 - 5. The Growth of Large Firms in Canada ArchivedArticles and reports: 11-626-X2012021Geography: CanadaDescription:
This article in the Economic Insights series reports on the size distribution of Canadian firms compiled for the research paper Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008. The creation of estimates of gross domestic product by firm size is part of a program at Statistics Canada that examines the structure of the Canadian economy and its evolution.
Release date: 2012-12-07 - Articles and reports: 11F0027M2012082Geography: CanadaDescription:
This paper adds to our understanding of the contributions made to the economy by small, medium-sized, and large businesses in Canada. It does this by examining the shares of gross domestic product (GDP) produced by each of these size groups in the business sector.
Previous studies relied predominately on employment, an input to the production process, rather than on a measure of output. This study overcomes this problem by focusing directly on GDP.
Release date: 2012-12-07 - Articles and reports: 11F0027M2011070Geography: CanadaDescription:
Adopting the methodology used to produce estimates of gross domestic product (GDP) by size for the United States, this paper estimates GDP for small and medium-sized businesses versus large businesses for the Canadian non-agricultural business sector in 2005. In the entire non-agricultural business sector, small and medium-sized businesses with less than 500 employees account for 54.2% of GDP in Canada and for 50.7% of GDP in the United States. When two industries with heavy government ownership in Canada (health and education) are excluded, the results are 52.9% and 50.3%, respectively.
Release date: 2011-06-13 - Articles and reports: 11F0027M2011069Geography: CanadaDescription:
The paper estimates the contributions to gross domestic product (GDP) made by small, medium-sized and large businesses in the Canadian business sector for 2005. The contribution of large businesses with 500 or more employees to business-sector GDP was 45.7%. Small and medium-sized businesses, including unincorporated businesses, accounted for the other 54.3%.
Release date: 2011-05-30 - Articles and reports: 11F0027M2010065Geography: CanadaDescription:
The purpose of this paper is twofold. First, the authors provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard input-output matrix, for the Canadian economy for 2004. Second, they use the SAM to assess the strength of the real-financial linkages by calculating and comparing real SAM multipliers and financial social accounting matrix (FSAM) multipliers. For FSAM multipliers, financial flows are endogenous, whereas for real SAM multipliers they are not. The results show that taking into account financial flows increases the impact of a final demand shock on Canadian output. Financial flows also play an important role in determining the cumulative effect of an income shock or the availability of investment funds. Between 2008 and the first half of 2009, financial institutions shifted their investments toward government bonds, short-term paper, and foreign investments. This shift together with the fact that non-financial institutions were unwilling or unable to increase their financial liabilities, led to estimated declines in all GDP multipliers between 2008 and the first half of 2009 (2009H1). The main advantage of using the extended input-output analysis is that it provides a simple framework, with very few assumptions, which allows the assessment of the strength of real-financial linkages by means of multipliers. However, the methodology is subject to the Lucas critique, that as shocks shift prices, agents cannot adjust. Such a framework is, nevertheless, appropriate in short-term impact analysis such as this study.
Release date: 2011-05-20 - Articles and reports: 13-604-M20030436696Description:
This document contains historical analysis of the provincial and territorial economies from 1981 to 2002. It looks at their structural changes from the perspectives of the evolution of industries and the different components of the Gross Domestic Product (GDP).
Release date: 2003-11-19
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- Articles and reports: 13-605-X202300100005Description: 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.Release date: 2023-11-30
- Articles and reports: 11-621-M2023016Description: 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.Release date: 2023-11-10
- Articles and reports: 11F0027M2014095Description:
This paper examines the investment performance of Canada and the United States, exploring similarities and differences in investments in fixed assets over the 1990-to-2011 period. This is a period when the two countries experienced different shocks. The United States suffered from a major decline in its housing markets after 2007 that did not hit Canada. The world-resource boom in the post-2000 period had a greater impact on Canada than it did on the United States. The Canada–United States exchange rate appreciated dramatically after 2003 thereby making imported machinery and equipment relatively less expensive in Canada.
The comparison is primarily based on investment intensity, measured as the ratio of nominal dollar investment to nominal gross domestic product (GDP), but rates of growth of the volume of investment relative to the volume of GDP are also compared.
Release date: 2014-10-21 - Articles and reports: 11F0027M2014088Geography: CanadaDescription:
This paper compares the relative importance of small and large firms in the business sectors of Canada and the United States from 2002 to 2008 using estimates of the contribution of small and large firms to the gross domestic product (GDP) of each country. It then makes use of estimates of labour input for comparison purposes. In this paper, small firms are defined as those with fewer than 500 employees and large firms as those with 500 or more employees.
Release date: 2014-01-08 - 5. The Growth of Large Firms in Canada ArchivedArticles and reports: 11-626-X2012021Geography: CanadaDescription:
This article in the Economic Insights series reports on the size distribution of Canadian firms compiled for the research paper Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008. The creation of estimates of gross domestic product by firm size is part of a program at Statistics Canada that examines the structure of the Canadian economy and its evolution.
Release date: 2012-12-07 - Articles and reports: 11F0027M2012082Geography: CanadaDescription:
This paper adds to our understanding of the contributions made to the economy by small, medium-sized, and large businesses in Canada. It does this by examining the shares of gross domestic product (GDP) produced by each of these size groups in the business sector.
Previous studies relied predominately on employment, an input to the production process, rather than on a measure of output. This study overcomes this problem by focusing directly on GDP.
Release date: 2012-12-07 - Articles and reports: 11F0027M2011070Geography: CanadaDescription:
Adopting the methodology used to produce estimates of gross domestic product (GDP) by size for the United States, this paper estimates GDP for small and medium-sized businesses versus large businesses for the Canadian non-agricultural business sector in 2005. In the entire non-agricultural business sector, small and medium-sized businesses with less than 500 employees account for 54.2% of GDP in Canada and for 50.7% of GDP in the United States. When two industries with heavy government ownership in Canada (health and education) are excluded, the results are 52.9% and 50.3%, respectively.
Release date: 2011-06-13 - Articles and reports: 11F0027M2011069Geography: CanadaDescription:
The paper estimates the contributions to gross domestic product (GDP) made by small, medium-sized and large businesses in the Canadian business sector for 2005. The contribution of large businesses with 500 or more employees to business-sector GDP was 45.7%. Small and medium-sized businesses, including unincorporated businesses, accounted for the other 54.3%.
Release date: 2011-05-30 - Articles and reports: 11F0027M2010065Geography: CanadaDescription:
The purpose of this paper is twofold. First, the authors provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard input-output matrix, for the Canadian economy for 2004. Second, they use the SAM to assess the strength of the real-financial linkages by calculating and comparing real SAM multipliers and financial social accounting matrix (FSAM) multipliers. For FSAM multipliers, financial flows are endogenous, whereas for real SAM multipliers they are not. The results show that taking into account financial flows increases the impact of a final demand shock on Canadian output. Financial flows also play an important role in determining the cumulative effect of an income shock or the availability of investment funds. Between 2008 and the first half of 2009, financial institutions shifted their investments toward government bonds, short-term paper, and foreign investments. This shift together with the fact that non-financial institutions were unwilling or unable to increase their financial liabilities, led to estimated declines in all GDP multipliers between 2008 and the first half of 2009 (2009H1). The main advantage of using the extended input-output analysis is that it provides a simple framework, with very few assumptions, which allows the assessment of the strength of real-financial linkages by means of multipliers. However, the methodology is subject to the Lucas critique, that as shocks shift prices, agents cannot adjust. Such a framework is, nevertheless, appropriate in short-term impact analysis such as this study.
Release date: 2011-05-20 - Articles and reports: 13-604-M20030436696Description:
This document contains historical analysis of the provincial and territorial economies from 1981 to 2002. It looks at their structural changes from the perspectives of the evolution of industries and the different components of the Gross Domestic Product (GDP).
Release date: 2003-11-19
Reference (10)
Reference (10) ((10 results))
- 1. Measurement of Output, Value Added, GDP in Canada and the United States: Similarities and Differences ArchivedSurveys and statistical programs – Documentation: 13F0031M2003010Description:
This document provides compilers and users in Canada and the United States with a fuller understanding of the present practices, similarities and differences between the two national accounts systems. This will enable users to make meaningful comparisons of the published national accounts data. This report is the result of the co-operation between professionals of the two countries in trying to harmonize and improve the respective national accounts, and hopefully, in due course, international standards.
Release date: 2003-06-20 - Surveys and statistical programs – Documentation: 13F0031M2001009Description:
The work on Input-output (IO) tables in Canada started in the early 1960s. At the very beginning, it was decided that IO tables must fulfill several roles and provide: (a) an audit and management tool to improve economic statistics for their consistency, accuracy and comprehensiveness; (b) benchmarks for gross domestic product (GDP), its income side and components, its expenditures side and components and GDP by industry estimates, both at current prices and constant prices and (c) a framework for structural analysis.
Release date: 2001-04-10 - Surveys and statistical programs – Documentation: 13F0031M2001008Description:
Under any degree of inflation, high or low, the values of changes in inventories (VPC) is generally different when it is calculated at the quarterly interval and the four quarters are aggregated into a year compared with its calculation done at the yearly interval. It is argued in this paper that it is an inherent problem as one of the basic axioms of annual accounts is violated, namely, the assumption of price homogeneity over an accounting period.
Release date: 2001-03-16 - Surveys and statistical programs – Documentation: 13F0031M2000002Description:
This paper deals with a problem in internationally comparable economic statistics, namely, the fact that countries measure value added by industry differently. The economic measure, value added, is important both in its own right and because it is a component of other economic measures such as productivity. Value added by industry measures the additional value created by a production process. This additional value, created by factors of production such as labour and capital, may be calculated either before or after deducting the consumption of fixed capital used in production. Thus, gross value added by industry is the value of its output of goods and services less the value of its intermediate consumption of goods and services and net value added as the value of output less the values of both intermediate consumption and consumption of fixed capital.
Release date: 2000-04-04 - Surveys and statistical programs – Documentation: 13F0031M2000001Description:
The 1993 System of National Accounts (SNA) was implemented in Canada in November 1997 and all national accounts series - annual, quarterly and monthly, both at current and constant prices - were revised back to 1961. There were changes in classification of sectors and transactions, concepts and methodology. As well, we removed the statistical breaks in earlier series that arose due to our revision policy. In the spring of every year, we revise, if necessary, our national accounts series for the latest four years. Statistical breaks for earlier periods are removed only at the time of historical revisions, such as the one done in November 1997. This was the fifth and the most comprehensive historical revision of the Canadian SNA series since 1961, the earlier ones were done in the late 1960s, the late 1970s, in 1985 and in 1990. As our historical revisions have been done almost every decade, and more frequently since the 1980s, statistical breaks in the Canadian system have remained only for a short period.
Release date: 1998-04-01 - Surveys and statistical programs – Documentation: 13F0031M2000003Description:
This report examines the 1997 Canadian System of National Accounts (CSNA) and highlights the remaining differences from the 1993 SNA, thus providing a better understanding of the Canadian System vis-à-vis that of other countries. Our occasional departures from the 1993 SNA guidelines are primarily prompted by pragmatic considerations, such as institutional structure, statistical data sources, availability of resources and their cost-effective use.
Release date: 1998-04-01 - Surveys and statistical programs – Documentation: 13F0031M2000004Description:
The changes made in this historical revision elaborate on the changes, over one hundred in all, made in the accounts. This paper updates an earlier report issued in August 1996 in several ways: decisions which did not involve any change in the accounts were pruned out; several new issues were added and many decisions were rewritten.
Release date: 1998-04-01 - 8. The Current Price Gross Domestic Product, 1961-93, A Statistical Representation from the Old to the New ArchivedSurveys and statistical programs – Documentation: 13F0031M2000005Description:
This report presents the changes made to one of the most important series, the current price gross domestic product (GDP). It includes 13 tables, one for each of the following topics:
personal expenditure on consumer goods and services;government current expenditure on goods and services; gross fixed capital formation, residential structures;gross fixed capital formation, non-residential structures;gross fixed capital formation, machinery and equipment;exports and imports of goods and services;wages, salaries and supplementary labour income; net income of unincorporated business; indirect taxes;subsidies; current price GDP expenditure; current price GDP income; and GDP changes, significant Items.
Release date: 1998-04-01 - Surveys and statistical programs – Documentation: 13-604-M1995032Description:
The International System of National Accounts 1993 (1993 SNA) was prepared and published under the auspices of the Inter-secretariat Working Group on National Accounts. This working group consists of the Statistical Office of the European Communities, the International Monetary Fund, the Organisation of Economic Co-operation and Development, the Statistical Division and regional commissions of the United Nations Secretariat, and the World Bank. The adoption of this document for universal implementation was unanimously recommended to the United Nations Economic and Social Council by its Statistical Commission at the 27th session, held in New York from February 22 to March 3, 1993. The plan for implementing the 1993 SNA system, however, does not seem to be as well organized as its production was.
Very detailed comments have been made on this document in two papers entitled 'The 1993 International System of National Accounts vis-à-vis The Canadian System of National Accounts,' and 'The 1993 International System of National Accounts and the Canadian Input-Output Tables.' In a summary fashion, the present paper highlights certain important areas where the Canadian System of National Accounts (CSNA) will need to revise its practices to conform to the 1993 SNA. The reader is encouraged to refer to these two papers for further details.
Release date: 1995-11-30 - 10. The Canadian System of National Accounts Vis-à-vis the U.N. System of National Accounts ArchivedSurveys and statistical programs – Documentation: 13-604-M1991011Description:
The Canadian System of National Accounts (CSNA) has evolved considerably over the past four decades. This article presents a brief account of the relationship between this system, as it stands today, and the international standard for national accounting, which has been established by the United Nations. The major similarities and differences between the two systems are highlighted. The paper then goes on to briefly summarize the present state of discussions concerning revisions to the international SNA standard.
Release date: 1990-11-30
- Date modified: