Under the authority of the Statistics Act, Statistics Canada is hereby requesting the following information, which will be used solely for statistical and research purposes and will be protected in accordance with the provisions of the Statistics Act and any other applicable law. This is a mandatory request for data.
- National accounts and Gross Domestic Product
- Information by fund on gross sales and gross redemptions of investment fund units and reinvested distributions
- Information on the Highly Affected Sectors Credit Availability Program (HASCAP)
- Information on financial derivatives of chartered banks
- Regulatory data on derivative transactions, crypto assets and funds
- Data on the Canada Emergency Business Account (CEBA)
Data on the Canada Emergency Commercial Rent Assistance program (CECRA)
National accounts and Gross Domestic Product
Information by fund on gross sales and gross redemptions of investment fund units and reinvested distributions
What information is being requested?
Statistics Canada is requesting information by fund on aggregate gross sales (to investors) and gross redemptions (by investors) of investment fund units and reinvested distribution amounts. This would include the value of units sold and redeemed in each period as well as the investment incomes that unit holders receive and that are subsequently reinvested to purchase additional fund units. The information on aggregated period sales, redemptions and reinvested distributions are being requested at the fund-level and includes variables such as fund ID, fund name, company, type of transaction (purchase, redemption, reinvested distribution), dollar value of unit purchases/redemptions (at transaction price) or reinvestment amount, and number of units purchased or redeemed. Classification information is also being requested, such as CIFSC (i.e., the standard classifications of Canadian-domiciled mutual funds), mutual fund group type and investment product type (i.e., stand-alone fund versus fund-of-funds).
What personal information is included in this request?
This request does not contain any personal information.
What years of data will be requested?
All available data held at time of request and ongoing, monthly.
From whom will the information be requested?
This information is being requested from the Investment Funds Institute of Canada.
Why is this information being requested?
Statistics Canada requires this information to create and publish statistics on household wealth in the Financial and Wealth Accounts (i.e., National Balance Sheet) as it relates to holdings of mutual funds investments. Canadians look to the National Balance Sheet to better understand how households are performing in terms of overall wealth and investment activity. These data on mutual fund sales and redemptions will distinguish the change in mutual fund wealth due to the buying or selling of units versus changes in the price of fund units. With this distinction, Statistics Canada can more effectively identify data issues and incoherence with the goal of improving data quality. This also impacts policymakers who, in setting fiscal or monetary policies, monitor both household debt as well as household assets that can be used to reduce debt. With trillions of dollars in mutual fund holdings among households, this source of wealth is a significant counterbalance to household liabilities.
Statistics Canada may also use the information for other statistical and research purposes.
Why were these organizations selected as data providers?
The Investment Funds Institute of Canada is responsible for collecting information on the investment funds industry in Canada. They are the authoritative source for this information.
When will this information be requested?
September 2023 and onward (monthly)
What Statistics Canada programs will primarily use these data?
When was this request published?
September 8, 2023
Information on the Highly Affected Sectors Credit Availability Program (HASCAP)
What information is being requested?
Aggregated information on recipients of HASCAP across a range of socioeconomic categories, including province/territory, industry, employment status, business size, source of funds, as well as other characteristics such as the application date and status, and the value and terms of the funds provided.
What personal information is included in this request?
This request does not contain any personal information.
What years of data will be requested?
Monthly data initiated from the inception of HASCAP in February 2021 and ongoing
From whom will the information be requested?
Business Development Bank of Canada (BDC)
Why is this information being requested?
Statistics Canada requires this information to analyze and publish statistics on borrowing by different sectors of the economy. This will also ensure that borrowing activity and resulting debt is correctly measured in the Income and Expenditure Accounts and Financial and Wealth Accounts. Canadians will benefit from more accurate measures of key economic indicators, as many policy decisions impacting all Canadians are based on measures of gross corporate debt and debt-to-gross domestic product ratios. This will also assist policymakers, researchers, and businesses to better understand the impact of this loan program within the broader context of COVID-19 business support programs.
Statistics Canada may also use the information for other statistical and research purposes.
Why were these organizations selected as data providers?
BDC administrates HASCAP and consequently is the sole organization that collects and maintains up-to-date data on this program.
When will this information be requested?
September 2023 and onward (monthly).
What Statistics Canada programs will primarily use these data?
This information will also be included in Statistics Canada's Canadian COVID-19 Business Support Measures database.
When was this request published?
September 8, 2023
Information on financial derivatives of chartered banks
What information is being requested?
Statistics Canada is requesting information on financial derivatives. Derivatives can be broadly defined as secondary assets, the value of which fluctuates with price movements of a related or underlying primary asset.
The Bank of Canada currently surveys a subset of chartered banks on their activities involving these financial instruments. This includes information such as the volume of derivative activity and the stock of derivative assets by type of derivative. This information is collected via two surveys administered by the Bank of Canada, the Canadian Foreign Exchange Committee Semi-Annual Foreign Exchange Volume Survey and the Bank of International Settlements Over-the-counter Derivatives Bi-Annual Survey. Statistics Canada will be requesting the results of these surveys.
What personal information is included in this request?
This request does not contain any personal information.
What years of data will be requested?
All available historical data held at time of request and ongoing, semi-annually, and bi-annually.
From whom will the information be requested?
This information is being requested from the Bank of Canada.
Why is this information being requested?
This information on financial derivatives will be a key input to the Financial and Wealth Accounts program at Statistics Canada. It will support efforts to align to international reporting standards, as outlined by the System of National Accounts 2008 manual, by enabling the creation and publication of financial derivatives estimates within the National Balance Sheet. This information is necessary to ensure accurate and comprehensive information on the potential risks to the financial system related to these financial instruments. Incorporating this information into the existing statistical and national accounting framework will enable policymakers, Canadians, and other stakeholders to better assess these risks and understand the interlinkages between sectors.
Statistics Canada may also use the information for other statistical and research purposes.
Why were these organizations selected as data providers?
The Bank of Canada is responsible for collecting information on financial derivatives via two surveys, the Canadian Foreign Exchange Committee Semi-Annual Foreign Exchange Volume Survey, and the Bank of International Settlements Over-the-counter Derivatives Bi-Annual Survey. These data support their role in setting monetary policy and in monitoring systemic risk.
When will this information be requested?
June 2023 and onward (various frequencies)
What Statistics Canada programs will primarily use these data?
When was this request published?
May 17, 2023
Regulatory data on derivative transactions, crypto assets and funds
What information is being requested?
Aggregated information on financial derivative transactions (i.e. date transacted, economic sector, type of derivative, and market value), crypto assets (i.e. crypto assets holdings via regulated exchanges, number of trades, and holder type such as individual or business) at the sector and industry levels and investment funds (i.e. fund type, net assets, fees, expenses & taxes, gross sales, ownership type, etc.)
What personal information is included in this request?
This request does not contain any personal information.
What years of data will be requested?
All current data holdings, historical (as available), and on an ongoing basis.
From whom will the information be requested?
Ontario Securities Commission
Why is this information being requested?
Statistics Canada requires this information to create and publish statistics on financial derivatives, crypto assets and investment funds. These statistics will provide insight on the overall significance of these respective financial markets in Canada and on the sectors of the economy that are most involved in these markets. This information can be used by policy makers, researchers, industry stakeholders to stay informed regarding the relative size of these financial instruments and sectors over time and to assess the potential risks that these instruments and sectors have on the broader economy.
Statistics Canada may also use the information for other statistical and research purposes.
Why were these organizations selected as data providers?
The Ontario Securities Commission (OSC) regulates the trading of financial securities in the province of Ontario. They collect extensive regulatory data from financial entities of statistical significance. Collecting OSC data avoids the surveying of entities that already submit regulatory information, reducing response burden.
When will this information be requested?
Financial derivatives and crypto assess data were requested in September 2022 and onward (monthly), investment fund data will be requested at the same frequency beginning in March 2024 and onward.
What Statistics Canada programs will primarily use these data?
When was this request published?
April 15, 2024
Summary of Changes
March 2024 - Inclusion of funds data to the request for information.
Data on the Canada Emergency Business Account (CEBA)
Data on the Canada Emergency Commercial Rent Assistance program (CECRA)
What information is being requested?
Information on loan applicants (i.e., legal names, province/territory, and business number), other characteristics such as the loan application date and status, and the value and terms of the loans provided is being requested.
What personal information is included in this request?
This request covers business information; however, some information pertaining to businesses may be considered personal depending on the nature of the business.
What years of data will be requested?
Monthly data beginning in 2020 (ongoing).
From whom will the information be requested?
This information is being requested from Export Development Canada (EDC).
This information is being requested from Canada Mortgage and Housing Corporation (CMHC).
Why is this information being requested?
Statistics Canada is requesting this information to ensure the impact of these programs on businesses are being correctly captured in the macroeconomic accounts (i.e., gross domestic product and business debt) including the treatment and classification of these concessional and other loans. Moreover, this data will provide sophisticated tools and analytical products that will help inform policymakers for targeted interventions in the pandemic recovery phase.
Statistics Canada may also use the information for other statistical and research purposes.
Why were these organizations selected as data providers?
EDC is responsible for administrating the CEBA program and collects and maintains up-to-date data on applicants to this lending program.
CMHC is responsible for administrating the CECRA program and collects and maintains up-to-date data on applicants to this lending program.
When will this information be requested?
January 2021 and onward (monthly).
What Statistics Canada programs will primarily use these data?
- National Gross Domestic Product (GDP) by Income and by Expenditure Accounts
- Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts
- Financial Flow Accounts
- National Balance Sheet Accounts
- Distributions of Households Economic Accounts
- Government Finance Statistics
- Gross Domestic Product by Industry - National (Monthly)
- Gross Domestic Product by Industry - Provincial and Territorial (Annual)
- Supply, Use and Input-Output Tables
- Quarterly Survey of Financial Statements
When was this request published?
November 5, 2020