National accounts and Gross Domestic Product
Key indicators
Selected geographical area: Canada
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0.1%(quarterly change)
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0.6%(monthly change)
More national accounts and gross domestic product indicators
Selected geographical area: Canada
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2.8 million jobs0.8%(quarterly change)
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Percentage of total gross domestic product attributable to non-profit institutions - Canada
(Fourth quarter 2023)8.3% -
$18.5 trillion1.4%(quarterly change)
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15.00%0.01(quarterly change)
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$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)
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6.2%
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1.3%(quarterly change)
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108.4 (2017=100)
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$2,522 billion63.8%(annual change)
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$2,579 billion (2017 dollars)1.0%(annual change)
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$2,754 billion (2017 dollars)2.5%(annual change)
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3.8%(annual change)
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5.4%
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7.7%(annual change)
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6.84%
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754,820
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1,788,569
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3.6%(annual change)
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0.83 US$/CAN$
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0.77 US$/CAN$
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0.86 US$/CAN$
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- 1. Capitalization of software ArchivedNotices and consultations: 13-605-X20010018513Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.
Release date: 2001-09-28 - 2. Capitalization of software ArchivedNotices and consultations: 13-605-X200100213021Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.
Release date: 2001-09-28 - Surveys and statistical programs – Documentation: 13-605-X20010028517Description:
As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Change in valuation from factor cost to basic prices.
Release date: 2001-09-28 - 4. Adoption of NAICS ArchivedSurveys and statistical programs – Documentation: 13-605-X20010028518Description:
As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Adoption of NAICS.
Release date: 2001-09-28 - Surveys and statistical programs – Documentation: 13-605-X20010018514Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Change in valuation from factor cost to basic prices.
Release date: 2001-05-31 - 6. Adoption of NAICS for estimates of labour income ArchivedNotices and consultations: 13-605-X20010018515Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Adoption of NAICS for estimates of labour income.
Release date: 2001-05-31 - 7. Chain Fisher formula ArchivedNotices and consultations: 13-605-X20010018529Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Chain Fisher formula.
Release date: 2001-05-31 - Surveys and statistical programs – Documentation: 13-604-M2002037Description:
A new accounting approach treats software as an investment was implemented in the Canadian System of National Accounts (SNA) during 2001. Preliminary estimates of software capital stocks were included for the first time in the National Balance Sheet Accounts (NBSA) released in March 2001. Software investment was then included in the gross domestic product (GDP) with the first quarter 2001 release (May 31, 2001) of the National Economic and Financial Accounts (NEFA). Later in the year, it was included in the Input-Output (I/O) Accounts, Provincial Economic Accounts (PEA) and the Industry Measures Accounts (IMA) with the release of October 30, 2001.
This mini historical revision brings Canada in line with a number of countries, including the United States and other G-7 member nations, who introduced software into their GDP over the last few years. It also brings Canada in line with the 1993 SNA recommendation that business and government acquisition of software be treated in national accounts as an investment as opposed to a current expense. Software is now treated like any other capital input that is used repeatedly in production over a year or more whereas, formerly, it was treated as if it were fully used up during the production period like any other intermediate input. This new accounting for software has raised the level of GDP, although the effects on GDP growth turn out to be relatively small.
Release date: 2001-05-31 - 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
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Reference (11)
Reference (11) (0 to 10 of 11 results)
- 1. Capitalization of software ArchivedNotices and consultations: 13-605-X20010018513Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.
Release date: 2001-09-28 - 2. Capitalization of software ArchivedNotices and consultations: 13-605-X200100213021Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Capitalization of software.
Release date: 2001-09-28 - Surveys and statistical programs – Documentation: 13-605-X20010028517Description:
As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Change in valuation from factor cost to basic prices.
Release date: 2001-09-28 - 4. Adoption of NAICS ArchivedSurveys and statistical programs – Documentation: 13-605-X20010028518Description:
As of September 28, 2001 the annual revision of monthly GDP by industry estimates will include major classification and conceptual changes: Adoption of NAICS.
Release date: 2001-09-28 - Surveys and statistical programs – Documentation: 13-605-X20010018514Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Change in valuation from factor cost to basic prices.
Release date: 2001-05-31 - 6. Adoption of NAICS for estimates of labour income ArchivedNotices and consultations: 13-605-X20010018515Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Adoption of NAICS for estimates of labour income.
Release date: 2001-05-31 - 7. Chain Fisher formula ArchivedNotices and consultations: 13-605-X20010018529Description:
As of May 31, 2001 the Quarterly Income and Expenditure Accounts will have adopted the following change: Chain Fisher formula.
Release date: 2001-05-31 - Surveys and statistical programs – Documentation: 13-604-M2002037Description:
A new accounting approach treats software as an investment was implemented in the Canadian System of National Accounts (SNA) during 2001. Preliminary estimates of software capital stocks were included for the first time in the National Balance Sheet Accounts (NBSA) released in March 2001. Software investment was then included in the gross domestic product (GDP) with the first quarter 2001 release (May 31, 2001) of the National Economic and Financial Accounts (NEFA). Later in the year, it was included in the Input-Output (I/O) Accounts, Provincial Economic Accounts (PEA) and the Industry Measures Accounts (IMA) with the release of October 30, 2001.
This mini historical revision brings Canada in line with a number of countries, including the United States and other G-7 member nations, who introduced software into their GDP over the last few years. It also brings Canada in line with the 1993 SNA recommendation that business and government acquisition of software be treated in national accounts as an investment as opposed to a current expense. Software is now treated like any other capital input that is used repeatedly in production over a year or more whereas, formerly, it was treated as if it were fully used up during the production period like any other intermediate input. This new accounting for software has raised the level of GDP, although the effects on GDP growth turn out to be relatively small.
Release date: 2001-05-31 - 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
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