Request for information – Economic accounts

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

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).

When was this request published?

November 5, 2020

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