Latest Developments in the Canadian Economic Accounts
Chronology of events

The System of National Accounts is constantly making important improvements. They are listed chronologically below. You can also jump to a specific date by using this drop-down menu.
Date Title Description
December 11, 2017 Measuring Canadian export diversificationCanada exports over $500 billion worth of merchandise trade annually. This reliance on foreign markets contributes undeniably to Canadian economic activity. However, there are a number of ways of analyzing Canada’s international trade, beyond simply measuring dollar values. One way, that often receives little attention, is to look at the degree of export diversification. Simply put, does an economy have one large customer or multiple customers, or does a country export one product or multiple products? Looking at international trade data through this lens provides additional information on the exposure of our domestic producers to risk beyond our borders, such as competitive pressures, commodity price and exchange rate volatility, as well as economic and political risk.
December 11, 2017 Canada's external trade classified by Broad Economic CategoriesThis study presents Canadian international trade data aggregated according to the Classification by Broad Economic Categories (BEC). The BEC classification provides users with a new perspective on Canada’s imports and exports. A key feature of the BEC classification is an end-use aggregation structure that is consistent with the three basic classes of goods in the System of National Accounts (SNA), namely, capital goods, intermediate goods and consumption goods.
December 1, 2017 The 2014 to 2016 revisions of the Income and Expenditure AccountsThis article describes the revisions to the Gross Domestic Product (GDP) by Income and by Expenditure Accounts for the period from 2014 to 2016. These data follow the November 2017 release of the 2016 Provincial and Territorial Economic Accounts estimates, which include revisions to the 2014 and 2015 period.
November 21, 2017 A cannabis economic account - The frameworkCanada’s society and economy continue to grow and evolve. Statistics Canada strives to keep its programs up to date with changing trends and circumstances to ensure Canadians are well informed about current developments. This means Statistics Canada has to innovate and invest in the statistical system continuously. The prospective legalization of cannabis means Statistics Canada needs to start preparing Canada’s statistical system to capture the associated economic and social implications.
October 2, 2017 Foreign direct investment in Canada by ultimate investing countryWith Canadian companies increasingly engaged in the global economy there is a growing demand for more detailed information on their international activities to better understand how Canadian businesses are expanding internationally and what the benefits and consequences are for Canada.
September 28, 2017 The 1986 to 2016 revisions of the National Tourism Indicators Updated benchmarks from the 2012 Canadian Tourism Satellite Account (CTSA) were incorporated. Other sources of new and revised data and selected methodological changes were also introduced. This article will focus mostly on revisions beginning in 2012, the reference year of the most recent CTSA.
September 15, 2017 Preparing the statistical system for the legalization of cannabis Statistics Canada is presently preparing the statistical system to be able to gauge the impact of the transition from illegal to legal recreational cannabis use and to shed light on the economic and social activities related to the use of cannabis thereafter. This paper provides a summary of the work that is now under way toward these ends.
August 31, 2017 Revision to quarterly Income and Expenditure Accounts: 1961 to 1980 Users of macroeconomic statistics require long time series in order to understand economic cycles, forecast and conduct economic modeling. In general the longer the time series the better users are able to understand the economy. Statistics Canada has been producing macroeconomic account statistics since the 1930s. Over the last 80 plus years these statistics have evolved due to the changing nature of the economy, the development of international macroeconomic accounting standards and the development of new statistical methods and processes.
June 19, 2017 Canada's merchandise trade with the U.S. by state Trade patterns with the United States on a regional basis highlight the integration of industries between the two countries. Proximity, transport infrastructure and government policies have all contributed to these interdependencies. In 2016, 14 of Canada’s top 20 trading partners were US states.
May 31, 2017 Carbon Pricing in the Canadian System of Macroeconomic Accounts The Pan-Canadian Framework on Clean Growth and Climate Change (the Pan-Canadian Framework) was introduced by the Government of Canada in 2016, in an effort to combat climate change (Environment and Climate Change Canada). Under the Framework, Canadian jurisdictions are required to price carbon emissions by 2018. Pricing is to be applied to a broad set of emission sources, so that Canada can meet its target for reductions in emissions of greenhouse gasses (GHGs), and to support innovation and clean growth. As per the Framework, the price should start at a minimum of $10 per tonne in 2018, and rise by $10 per tonne each year, so that it reaches $50 per tonne by 2022.
May 30, 2017 Treatment of duties applied to imports of Canadian softwood lumber products into the U.S. in the Canadian System of Macroeconomic Accounts The Committee Overseeing Action for Lumber International Trade Investigations or Negotiations filed countervailing and anti-dumping duty petitions against Canadian softwood lumber producers with the United States (U.S.) Department of Commerce and the United States (U.S.) International Trade Commission on November 25, 2016. The petitions allege that Canadian softwood lumber producers benefit from government subsidies, particularly from harvesting trees from crown land below market value.
February 21, 2017 Measuring the sharing economy in the Canadian Macroeconomic Accounts The “sharing economy” (SE) and “sharing economy” digital platforms have received a lot of attention lately from policy makers, businesses, the media and the public. The concept of the sharing economy is not new—people have been bartering and sharing goods and services throughout human history. Enabled by technology and social trends, the sharing economy is transforming the ways in which economic agents can produce and consume goods and services.
November 30, 2016 The 2013 to 2015 revisions of the Income and Expenditure Accounts This article describes the revisions of the Gross Domestic Product by Income and by Expenditure Accounts for the period from 2013 to 2015. These follow the November 9, 2016 release of the 2015 Provincial and Territorial Economic Accounts estimates, which included revisions to the 2013 and 2014 period.
May 16, 2016 Deriving revenue, expenditure and budgetary balance of the government sector by province and territory As an extension of the Provincial and Territorial Economic Accounts, the Canadian System of Macroeconomic Accounts now includes detailed estimates of revenues, expenditures, surplus/deficit and net lending for all government sub-sectors, for each province and territory. This note explains the general approach taken to derive a provincial distribution of those sub-sectors which exist and operate in more than one provincial or territorial jurisdiction.
December 14, 2015 Adjustments applied to capital expenditure estimates to achieve gross fixed capital formation Statistics Canada releases an estimate of capital expenditure from the Capital and Repair Expenditure Survey and an estimate of gross fixed capital formation as part of the Canadian System of Macroeconomic Accounts. This note will explain and provide the adjustments applied to the capital expenditure estimate to achieve the measure of gross fixed capital formation.
December 14, 2015 Reconciling Canadian-U.S. measures of household disposable income and household debt: Update This note provides users with a reconciliation between Canadian and U.S. measures of household disposable income, debt and the household credit market debt to disposable income ratio.
December 11, 2015 Revisions to Canada’s International Investment Position This article describes the revisions to the international investment position data as part of the 2015 Comprehensive Revision of the Canadian System of Macroeconomic Accounts (CSMA). This exercise is conducted to improve the overall quality of the international accounts program and to introduce new concepts and classifications as recommended by updated international standards. The revisions are also harmonized with those of the corresponding accounts in the CSMA.
December 1 and December 14, 2015 Results from the 2015 Comprehensive Revision to the Canadian System of Macroeconomic Accounts This article describes the revisions to the gross domestic product by income and by expenditure accounts, the financial flow accounts and the national balance sheet accounts introduced as part of the 2015 Comprehensive Revision of the Canadian System of Macroeconomic Accounts (CSMA). This exercise is conducted to strengthen the overall quality of the national accounts program and to introduce new concepts and classifications as recommended by updated international standards. The revisions are also harmonized with those of the corresponding accounts in the CSMA.
November 30, 2015 Revisions to Canada's Balance of International Payments This article describes the revisions to the balance of payments data and related statistical products introduced as part of the 2015 Comprehensive Revision of the Canadian System of Macroeconomic Accounts (CSMA). This exercise is conducted to strengthen the overall quality of the international accounts program and to introduce new concepts and classifications as recommended by updated international standards. The revisions are also harmonized with those of the corresponding accounts in the CSMA.
November 17, 2015 Natural resource wealth statistics in the National Balance Sheet Accounts This paper outlines the methodology being used to integrate the value of selected natural resource assets into the quarterly sectored national balance sheet accounts. It responds to recommendations in the revised United Nations System of National Accounts to include these values in the balance sheet. The addition of these asset values will significantly increase and improve measures of sectoral net worth.
September 15, 2015 Activities of Canadian majority-owned affiliates abroad, expanded measures – Provisional estimates for reference year 2012 This paper presents some data development work on the expansion of the outward Foreign Affiliate Statistics program at Statistics Canada, the considerations and strategy for improvement, and provides a first look at the expanded details in the form of provisional estimates for reference year 2012.
September 2, 2015 Activities of foreign majority owned affiliates in Canada – Provisional estimates for reference year 2011 Foreign Affiliate Statistics are an extension of statistics on Foreign Direction Investment. They provide additional insight of the effect on economic agents in national economies in terms of earnings, employment, trade and foreign exposures resulting from an increasingly inter-connected and integrated global economy. This paper presents some data development work on inward foreign affiliate statistics that contribute to the understanding of globalization in the Canadian economy.
September 1, 2015 Household debt service ratio – Interest and principal This article describes new quarterly estimates of household sector debt payments (mortgage and non-mortgage), including both interest and principal components, from 1990 to the present.
May 26, 2015 Reconciliation of capital expenditure and gross fixed capital formation Results of the redesigned Capital and Repair Expenditures Survey were released on May 26, 2015. With this redesign, macroeconomic accounting adjustments that were previously applied to the survey results, to better align with System of National Accounts (SNA) concepts, will no longer be made. This note provides users with an overview of the concepts of capital expenditure and gross fixed capital formation (GFCF) and the adjustments that are needed in order to bring capital expenditure in line with the SNA concept of GFCF.
April 29, 2015 Methodology for measuring the underground economy by province and territory Estimates of the underground economy by province and territory for the period 2007 to 2012 are now available for the first time. The objective of this technical note is to explain how the methodology employed to derive upper-bound estimates of the underground economy for the provinces and territories differs from that used to derive national estimates.
March 31, 2015 A preview of the 2015 comprehensive revision of the Canadian System of Macroeconomic Accounts The Canadian System of Macroeconomic Accounts (CSMA) is a source of invaluable information for business, governments and citizens. These accounts provide users with important insights into the inner-workings of the economy, current economic trends and interactions between the various sectors of the economy. In order for these accounts to remain relevant, the underlying concepts, methods, classification systems and data sources need to be periodically updated.
March 3, 2015 Quarterly estimation of investments of the oil and gas extraction industry Oil and gas exploration, development and production activities continue to grow in importance, making it essential that the appropriate level and growth of these activities are included in the measure of gross domestic product (GDP). Statistics Canada recently began incorporating results from the Quarterly Survey of Capital Expenditures – Oil and Gas Activities in sub-annual GDP statistics (for years 2011, 2013, 2014). This note provides a brief overview of the survey and the incorporation of its results when estimating quarterly investment.
February 4, 2015 Provisional estimates of the Canadian Government Finance Statistics: financial flows and balance sheet This article describes the major series and trends in the balance sheet and financial flows of the general government and government business enterprises for the period 2007 to 2012 according to the Canadian Government Finance Statistics (CGFS) framework.
November 7, 2014 Overview of the Canadian Government Finance Statistics An overview of the Canadian Government Finance Statistics (GFS) framework; how it relates to other government statistics such as the Canadian System of Macroeconomic Accounts and the Public Accounts; and the new GFS data products available to users.
November 5, 2014 The 2011 to 2013 revisions of the Income and Expenditure Accounts This article describes the revisions to the Gross Domestic Product by Income and by Expenditure Accounts for the period from 2011 to 2013. These data are released at the same time as the 2013 Provincial and Territorial Economic Accounts estimates, which include revisions to the 2011 and 2012 period.
November 4, 2014 Balance of Payments Trade in Goods at Statistics Canada: Expanding geographic detail to 27 Principal Trading Partners (PTPs) Beginning in November 2014, International Trade in goods data will be provided on a Balance of Payments (BOP) basis for additional country detail. In publishing this data, BOP-based exports to and imports from 27 countries, referred to as Canada’s Principal Trading Partners (PTPs), will be highlighted for the first time. In response to substantial demand for information on these countries in recent years, BOP-based trade in goods data will be available for countries such as China and Mexico, Brazil and India, South Korea, and our largest European Union trading partners.
October 17, 2014 Changes to the flows and stocks of fixed capital The methodology for estimating the flows and stocks of fixed capital has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA. on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.
October 3, 2014 Revisions to trade data for crude oil and natural gas Canadian international merchandise trade data are released monthly and may be revised in subsequent releases as new information becomes available. These data are released approximately 35 days following the close of the reference period and represent one of the timeliest economic indicators produced by Statistics Canada. Given their timeliness, some of the data are not received in time and need to be estimated or modelled. This is the case for imports and exports of crude petroleum and natural gas. More specifically, at the time of release, energy trade data are based on an incomplete set of information and are revised as Statistics Canada and National Energy Board information becomes available in the subsequent months. Due to the increasing importance of energy imports and exports and the timeliness of the data, the revisions to energy prices and volumes are having an increasingly significant impact on the monthly revision to Canada’s trade balance. This note explains how the estimates in the initial release are made when data sources are not yet available, and how the original data are adjusted in subsequent releases.
February 28, 2014 Canadian System of Macroeconomic Accounts revision process and calendar: an overview Statistical revisions are carried out regularly in the Canadian System of National Accounts (CSNA) in order to incorporate the most current information from censuses, annual surveys, administrative statistics, public accounts, etc., and to implement improved estimation methods.
September 27, 2013 The 2009 to 2012 revisions of the National Tourism Indicators Revised estimates of the National Tourism Indicators (NTI) covering the period 2009 to 2012 were released along with those for the first quarter of 2013. These revised estimates incorporated the most current source data.
June 7, 2013 The 1981 to 2012 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 1981 to 2012 have been released along with those for the first quarter of 2013. These revised estimates incorporate the most current source data and seasonal patterns.
June 7, 2013 Revisions to international merchandise trade statistics This is an update to the 2009 article Revisions to international merchandise trade statistics, accounting for changes resulting from increased timeliness in the release of merchandise trade statistics.
May 21, 2013 An overview of the upcoming planned revisions to the Canadian System of Macroeconomic Accounts Statistical revisions are regularly applied to the Canadian System of Macroeconomic Accounts in order to incorporate the most current information from censuses, annual surveys, administrative statistics, public accounts, etc., and to implement improved estimation methods. Statistics Canada also conducts more comprehensive revisions to the Canadian System of Macroeconomic Accounts, which generally reflect new concepts, accounting treatments or methods. This paper outlines the scheduled revisions planned for 2013 to 2015.
April 25, 2013 Measuring the stock of residential real estate This note outlines the different ways to measure the value of the stock of residential real estate, compares the different methods and provides guidance to users as to when they should use a particular estimate.
March 15, 2013 Reconciliation of the United States-Canadian Current Account, 2010 and 2011 This article presents the results of a reconciliation of the bilateral current account statistics of Canada and the United States for 2010 and 2011. Bilateral reconciliation exercises are useful for identifying potential improvements in measures of international transactions between trading partners.
December 3, 2012 Reconciling Canadian-U.S. measures of household disposable income and household debt This note provides users with a reconciliation between Canadian and U.S. measures of household disposable income, debt and the household credit market debt to disposable income ratio.
October 15, 2012 Revisions analysis – National Balance Sheet Account 2012 This article has been prepared to help users understand the changes introduced as a result of the historical revision of the National Balance Sheet Account, due to the implementation of the new international standards published in System of National Accounts 2008.
October 15, 2012Financial indicators from the National Balance Sheet Accounts A look at the National Balance Sheet Account financial indicators for the household and non-profit institutions serving households sectors, as well the corporate and government sectors.
October 12, 2012 Impact of the 2012 CSNA revisions on the Quarterly Labour Productivity Accounts This report highlights the revisions to the quarterly estimates of labour productivity and associated variables in the business sector resulting from the historical revision of the national gross domestic product by income and by expenditure accounts (NIEA) released on October 1st , 2012.
October 1, 2012 Revisions analysis – Canadian System of National Accounts 2012 This article is the sixth of a series of articles helping users understand the changes introduced as a result of the historical revision of the Canadian System of National Accounts (CSNA). It provides users with a reconciliation between the previously published figures and the revised figures.
October 1, 2012 Summary of revisions to the International Accounts of the Canadian System of National Accounts 2012 This article has been prepared to help users understand the changes introduced as a result of the historical revision of the international accounts of the Canadian System of National Accounts (CSNA), due to the implementation of the new international standards published in System of National Accounts 2008 and in Balance of Payments Manual, Sixth Edition.
May 30, 2012 A new presentation for the quarterly National Accounts The purpose of this document is to introduce a new presentation of the quarterly National Accounts (Income and Expenditure Accounts (IEA), Financial Flow Accounts (FFA) and National Balance Sheet Accounts (NBSA)) that will be published with the conversion of the Canadian National Accounts to the latest international standard—System of National Accounts 2008 (SNA2008).
June 20, 2011 A preview of the historical revision of the Canadian System of National Accounts This paper provides a preview of the historical (comprehensive) revision of the Canadian System National Accounts to be released beginning in May 2012. The last revision of this scope took place in 1997. The paper highlights the changes resulting from the adoption of SNA2008 which is the revised international standard for national accounting, along with statistical revisions arising from new and improved source data and methodologies. Updates to the classification systems used in the Canadian System of National Accounts are also presented along with a list of changes planned for 2014.
June 20, 2011 Impact of new accounting standards on the Financial and Wealth Accounts This note provides a brief explanation of the impact that the transition from reporting financial statements under Canadian Generally Accepted Accounting Principles (CGAAP) to the new, internationally unified financial accounting framework of the International Financial Reporting Standards (IFRS) will have on the Canadian Financial Flow Accounts and the National Balance Sheet Accounts estimates.
May 30, 2011 The 2008 to 2010 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 2008 to 2010 have been released along with those for the first quarter of 2011. These revised estimates incorporate the most current source data and seasonal patterns.
May 30, 2011Revision to the real import and export adjustments to account for exchange rate fluctuations This paper presents the background, methodological change and implementation of the revised real import and export adjustments that account for exchange rate fluctuations.
May 18, 2011 Canadian System of National Accounts Revision PolicyStatistical revisions are carried out regularly in the Canadian System of National Accounts (CSNA) in order to incorporate the most current information from censuses, annual surveys, administrative statistics, public accounts, etc., and to implement improved estimation methods.
May 31, 2010 The 2006 to 2009 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 2006 to 2009 have been released along with those for the first quarter of 2010. These revised estimates incorporate the most current source data and seasonal patterns.
May 5, 2010Renewing the Canadian System of National Accounts The majority of Canada’s national, provincial and territorial macroeconomic indicators originate from the Canadian System of National Accounts (CSNA). These indicators include such things as Gross Domestic Product, Net Worth, Savings, Personal Disposable Income and Government Debt. Statistics Canada is launching a project that will make key changes to these macroeconomic indicators.
May 5, 2010 Moving from the Financial Management System to Government Finance Statistics The government finance statistical program is designed to measure and analyze the economic dimensions of the public sector of Canada. The economic dimensions measured are: revenue, expenditures and the resulting surplus or deficit, assets and liabilities, net worth or net debt position.
December 10, 2009New projection methodology for purchasing power parities Purchasing power parities (PPPs) are estimates of relative purchasing power between two or more currencies. By adjusting to a common currency and a common set of prices, they can be used to make international comparisons of the relative volumes of goods and services invested in or consumed.
December 1 and December 14, 2009Financial and Wealth Accounts Re-sectoring With the release of the Financial Flow Accounts (FFA) on December 1st and the National Balance Sheet Accounts (NBSA) on December 14th, the Income and Expenditure Accounts Division will be publishing revised sector and category detail on CANSIM.  These changes are briefly described below.
June 1, 2009 The 2005 to 2008 revisions to the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts (IEA) covering the period 2005 to 2008 have been released along with those for the first quarter of 2009. These revised estimates incorporate the most current source data and seasonal patterns.
June 1, 2009 Revisions to international merchandise trade statistics Quarterly international merchandise trade statistics are published approximately six weeks after the reference period. Two weeks later, these data are incorporated into the Income and Expenditure Accounts, at which point they are subject to revision. This note outlines the primary sources of the revisions.
June 24, 2008 Preliminary results of the Pension Satellite Account, 1990 to 2007 The Pension Satellite Account covers the entire universe of the retirement regime in Canada which includes government-sponsored social security, employer-sponsored pension plans and voluntary individual retirement savings plans. In this preliminary release, a time series of pension assets by type from 1990 to 2007 is published as a supplement to the National Balance Sheet.
May 30, 2008 The 2004 to 2007 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts covering the period 2004 to 2007 have been released along with those for the first quarter of 2008. The current revisions to GDP resulted from the inclusion of the most current estimates from data sources, including survey results, administrative data and public accounts.
December 13, 2007 Re-referencing and change of industry classification system With the release of the third quarter of 2007 Canadian productivity accounts on December 13, 2007, quarterly estimates will be revised from 1997 to 2007. Labour productivity and associated variables will be converted from a 1997 reference year to a 2002 reference year for their index number estimates.
November 8, 2007 Re-referencing and change of industry classification system Effective with the 2006 Provincial Economic Accounts release on November 8, 2007, the expenditure-based gross domestic product (GDP) and associated components will be converted from a 1997 reference year to a 2002 reference year for its volume and price estimates. Also effective with this release, industry data will be converted from North American Industry Classification System, NAICS 1997 to NAICS 2002.
October 31, 2007 Re-referencing and change of industry classification system On October 31, 2007, with the release of the data for August 2007, the monthly gross domestic product (GDP) by industry estimates will use the North American Industry Classification System, NAICS 2002 instead of NAICS 1997, and will convert to reference year 2002 instead of 1997 for its volume estimates.
June 25, 2007 Industry productivity database Statistics Canada released a new experimental industry database that, for the first time, provides a series for multifactor productivity (MFP), output and inputs that include capital (K), labour (L), energy (E), materials (M) and purchased services (S) in the new North American Industry Classification system back to 1961.
May 31, 2007 The 2003-2006 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts covering the period 2003 to 2006 have been released along with those for the first quarter of 2007. The current revisions to GDP resulted from the inclusion of the most current estimates from data sources, including survey results, administrative data and public accounts.
May 28, 2007 The 2001-2006 revisions and rebasing to 2002 of the National Tourism Indicators The National Tourism Indicators will be revised back to 2001 and their volume and price estimates converted to a 2002 reference year, effective June 29, 2007.
May 16, 2007 Canadian Economic Accounts re-referencing Effective with the first quarter 2007 Income and Expenditure Accounts release on May 31, 2007, the expenditure-based gross domestic product (GDP) and associated components will be converted from a 1997 reference year to a 2002 reference year for its volume and price estimates.
March 1, 2007 Softwood Lumber Agreement between Canada and the United States: National Accounts treatment Background and notes on the treatment in the National Accounts, including the Balance of Payments, of transactions resulting from the Softwood Lumber Agreement between Canada and the United States that was signed in October of 2006. Due to the unique nature of these transactions the note explains how funds were transacted and treated in various accounts of Canadian macro economic accounts.
May 31, 2006 The 2002-2005 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts covering the period 2002 to 2005 have been released along with those for the first quarter of 2006. The current revisions to GDP resulted from the inclusion of the most current estimates from data sources, including survey results, administrative data and public accounts.
May 24, 2006 Market value of foreign direct investment position The market value of foreign direct investment position is presented for the first time along with an explanation of the methodology developed to produce these first estimates.
March 27, 2006 National Accounts Advisory Committee: Overview of activities 2005 The National Accounts Advisory Committee reviews and gives advice on the concepts, methods, plans, standards as well as results associated with Statistics Canada’s System of National Accounts.
May 31, 2005 The 2001-2004 revisions of the Income and Expenditure Accounts Revised estimates of the Income and Expenditure Accounts covering the period 2001 to 2004 have been released along with those for the first quarter of 2005. The current revisions to GDP resulted from the inclusion of the most current estimates from data sources, including survey results, administrative data and public accounts.
April 11, 2005 National Accounts Advisory Committee: Overview of activities 2004 The National Accounts Advisory Committee reviews and gives advice on the concepts, methods, plans, standards as well as results associated with Statistics Canada’s System of National Accounts.
August 13, 2004 National Accounts Advisory Committee: Overview of activities 2003 The National Accounts Advisory Committee reviews and gives advice on the concepts, methods, plans, standards as well as results associated with Statistics Canada’s System of National Accounts.
June 24, 2004 National Balance Sheet estimates at market value Key financial instruments in the National Balance Sheet Accounts are now measured at market value.
June 24, 2004Recent trends in household net worth With financial assets now estimated at market value, the role of wealth in the economy can now be examined. This note looks at the evolution of wealth and its components.
June 16, 2004 International Investment Position estimates at market value Key financial instruments in the International Investment Position are now measured at market value.
May 31, 2004 The 2000-2003 revisions of the Income and Expenditure Accounts Following usual practice, revised estimates covering the period 2000 to 2003 of the National Economic and Financial Accounts were released along with those for the first quarter of 2004. This revision cycle incorporated statistical revisions only. There were no conceptual or methodological changes.
November 6, 2003 Trends in provincial and territorial economic statistics: 1981 - 2002 This document contains five articles providing historical analysis of the provincial and territorial economies from 1981 to 2002.
November 6, 2003 The 1999-2000 revisions of the Provincial Input-Output Accounts This release of the Provincial Input-Output Accounts (PIOA) incorporates several changes for the manufacturing industries.
June 24, 2003 First release of the quarterly national balance sheet accounts This first release of the quarterly national balance sheet accounts is part of a joint effort with Canada's international investment position to provide users with more up to date and meaningful data.
June 17, 2003 First release of the quarterly international investment position This first release of the quarterly international investment position is part of a joint effort with the national balance sheet accounts to provide users with more up to date and meaningful data.
May 30, 2003 The 1999-2002 revisions of the National Economic and Financial Accounts Following usual practice, revised estimates covering the period 1999 to 2002 of the National Economic and Financial Accounts were released along with those for the first quarter of 2003. This revision cycle incorporated statistical revisions only. There were no conceptual or methodological changes.
February 28, 2003 Ontario electricity rate freeze and rebate As of February 28, 2003 the Canadian System of National Accounts will adopt the following treatment of the Ontario electricity rate freeze and rebate. Funds financing the subsidy coming from Ontario Power Generation are considered remitted profits and form part of government income. The first instalment rebate paid to households is treated as transfers to persons.
November 7, 2002 Chain Fisher Methodology As of November 7, 2002, the Provincial Economic Accounts will adopt the Fisher Volume Index, chained annually, as the official measure of real expenditure-based GDP. This change will be incorporated into the affected series back to 1981.
November 7, 2002 Conceptual changes As of November 7, 2002, a number of conceptual changes related to Licenses and Registration, Farm Inventories, Land Transfer Taxes, Spectrum Charges and Trade have been incorporated into the Provincial Economic Accounts. These changes have been incorporated into the affected series back to 1981 and are consistent with those changes which have been incorporated in the National Income and Expenditure Accounts since May 31, 2002. These National Income and Expenditure Accounts changes are described in an article "The 2002 Revisions of the National Economic and Financial Accounts"
September 30, 2002 Chain Fisher formula

As of September 30, 2002 the monthly GDP by industry estimates will incorporate a change that will be applied from January 1997 and will be pushed back to January 1961 within a year.

Chain Fisher CANSIM II vector IDs:

  • Detailed Industry vector codes (HTML) (PDF)
  • Aggregated Industry vector codes (HTML) (PDF)
September 30, 2002 Modification to the ICT sector The definition of the Information and communications technologies (ICT) sector will be modified to conform more closely to the international standard developed by the Organisation for Economic Co-operation and Development (OECD). Specifically, libraries and the retailing of ICT commodities will be removed from the aggregation, but due to data limitations we will not include the repair of ICT equipment in our aggregation. The estimates will be reworked back to January 1997.

ICT Sector - Industry codes (HTML) (PDF)
May 31, 2002 The 2002 revisions of the National Economic and Financial Accounts On May 31, 2002, the National Income and Expenditure Accounts will incorporate a number of conceptual changes. These changes relate to licenses and registrations, farm inventories, land transfer taxes and spectrum charges. These changes and other sources of revisions are described in an article "The 2002 revisions of the National Economic and Financial Accounts".

Revised series (HTML) (PDF)
January 31, 2002Information and Communications Technologies (ICT) series As of January 31, 2002 the monthly GDP by industry estimates will include Information and Communications Technologies (ICT) series. Three new aggregation series for the Information and Communications Technologies (ICT) sector and its manufacturing and services components are available back to January 1997 on CANSIM II.
September 28, 2001 Capitalization of software A new accounting treatment of software as investment was implemented in the Canadian System of National Accounts during 2001and it is now part of the annual revision of monthly GDP by industry estimates as of September 28, 2001.
September 28, 2001 Change in valuation from factor cost to basic prices This change in valuation from factor cost to basic prices was added to the annual revision of monthly GDP by industry estimates as of September 28, 2001.
September 28, 2001 Adoption of NAICS The 1997 North American Industry Classification System (NAICS-1997) replaces the 1980 Standard Industrial Classification (SIC-1980) in the annual revision of monthly GDP by industry estimates as of September 28, 2001.
September 28, 2001 CANSIM II

The monthly Gross Domestic Product at basic prices data will only be updated on the new CANSIM II database as of September 28, 2001.
CANSIM II vector IDs:

  • Detailed Industry vector codes (HTML) (PDF)
  • Aggregated Industry vector codes (HTML) (PDF)
May 31, 2001Chain Fisher formula The Chain Fisher formula will be part of the Quarterly Income and Expenditure Accounts as of May 31, 2001.
May 31, 2001 Capitalization of software Capitalization of software will be part of the Quarterly Income and Expenditure Accounts as of May 31, 2001.
May 31, 2001 Change in valuation from factor cost to basic prices Change in valuation from factor cost to basic prices will be part of the Quarterly Income and Expenditure Accounts as of May 31, 2001.
May 31, 2001 Adoption of NAICS for estimates of labour income Adoption of NAICS for estimates of labour income will be part of the Quarterly Income and Expenditure Accounts as of May 31, 2001.
May 31, 2000The revised sectoring of government employee pension plans With the release of the first quarter 2000 of the National Income and Expenditure Accounts the sectoring of federal and provincial government, non-autonomous pension plans has changed. These pension plans are now part of the personal sector. Previously these plans were included in either the federal or provincial government sector accounts.
May 14, 1998Historical revision of the Provincial Economic Accounts A major revision of the Provincial Economic Accounts (PEA) was published at the time of the official release. The revision covered the time period 1992 to 1997 and brought the PEA in line with the National Economic and Financial Accounts (NEFA) published early in March.
December 12, 1997Historical revision of the National Economic and Financial Accounts A historical revision of the National Economic and Financial Accounts was published on December 12, 1997. This historical revision had three goals.
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