What the data are
The Finances of the Nation macroeconomic database brings together annual GDP, population, employment and consumer prices for Canada, each province and each territory. Statistics Canada's current tables only go back a few decades, so older official and academic sources are spliced on to them. Each older series is scaled to match the newer one where they meet, so year-to-year changes in the older source are preserved and levels are consistent with the latest Statistics Canada data. National series begin in ; most provincial series begin in 1926 (1949 for Newfoundland and Labrador), and the territories' in the 1970s or later. Coverage for each variable is in the table below.
The database is maintained on GitHub and is the source of the GDP, population and price figures used to normalize other Finances of the Nation data.
Variables
Measures
- Level (as published): the value in the database, in the variable's own units.
- Annual per cent change: the change from the previous year. For the consumer price index this is the inflation rate.
- Index: each series divided by its value in a base year, times 100. By default the base is the first year shown in which every selected series has data; choose a fixed base year in the sidebar.
- Per cent of Canada: each region's value divided by Canada's, times 100. For totals (GDP, population, employment) it is the region's share of the national total. For per-person, per-worker and price measures it is the region's level relative to the national level (Canada = 100); for the CPI, which every region sets to 100 in 2020, it compares cumulative price changes since 2020, not price levels.
- Average annual growth: compound growth of the published level between two years, ((end ÷ start)1/years − 1) × 100. For inflation, which is already a rate, the cards and tables show its simple average instead.
- Logarithmic scale: equal vertical distances show equal proportional changes, so a series growing at a steady rate is a straight line.
Sources
Population
- Canada, 1867–1945: Historical Statistics of Canada, series A1–247 (Statistics Canada 11-516-X).
- Canada, 1946 to latest: Statistics Canada table 17-10-0009-01 (annual average of quarterly estimates).
- Provinces, 1867–1970: Tombe, Trevor (2018), “‘Final and Unalterable’—But Up for Negotiation: Federal-Provincial Transfers in Canada,” Canadian Tax Journal 66(4).
- Provinces and territories, 1971 to latest: Statistics Canada table 17-10-0005-01 (July 1 estimates).
Employment
- Canada, 1921–1945: Historical Statistics of Canada, series D124–133. These are counts as of June 1, not annual averages.
- Canada, 1946–1975: Historical Statistics of Canada, series D470–476.
- Ontario, Quebec, British Columbia, and Newfoundland and Labrador, 1950–1975: Historical Statistics of Canada, series D470–476.
- Alberta, Saskatchewan, Manitoba, Nova Scotia, New Brunswick and Prince Edward Island, 1950–1975: imputed from provincial population and unemployment rates (Statistics Canada table 36-10-0229-01), with changes in employment-to-population ratios for the Prairie and Maritime regions taken from the regional data in series D470–476.
- All provinces, 1921–1949: a similar procedure, using the regional employment indexes in the Canada Year Book 1947 to keep the provinces consistent with the national total. Unemployment rates for the Prairie and Maritime provinces are those reported by trade unions in the Interwar Labour Database to 1944, extended to 1949 using quarterly rates in the Canada Year Book 1950.
- Canada and the provinces, 1976 to latest: Statistics Canada table 14-10-0327-01 (Labour Force Survey, annual).
- Territories: Statistics Canada table 14-10-0292-01 (annual average of monthly estimates).
Gross domestic product
- Canada, 1870–1960: Òscar Jordà, Moritz Schularick and Alan M. Taylor (2017), “Macrofinancial History and the New Business Cycle Facts,” NBER Macroeconomics Annual 2016, volume 31 (Jordà–Schularick–Taylor Macrohistory Database). GDP for 1867–1869 is approximated from population growth relative to 1870.
- Canada, 1961 to latest: Statistics Canada table 36-10-0104-01 (annual average of quarterly GDP at market prices).
- Provinces, 1926–1949: imputed from household income per person, using the relationship between GDP per person and household income per person in 1950–1975 (Statistics Canada table 36-10-0229-01).
- Provinces, 1950–1980: Statistics Canada table 36-10-0229-01 (long-run historical data).
- Provinces and territories, 1981 to latest: Statistics Canada table 36-10-0221-01.
Consumer prices
- Canada, 1870–1913: Jordà, Schularick and Taylor (2017), as above. The CPI for 1867–1869 is held at its 1870 value.
- Canada, 1914 to latest: Statistics Canada table 18-10-0005-01.
- Provinces, 1926–1978: Statistics Canada table 36-10-0229-01 (linked consumer price index).
- Provinces, 1979 to latest: Statistics Canada table 18-10-0005-01.
Estimated years
With Shade estimated years on, these years are shaded in the charts and marked “est.” in tooltips and tables. They are reasonable estimates, but use them with more than a few grains of salt.
Things to keep in mind
- Real GDP is not chained-dollar GDP. Real values here are nominal values deflated by the national consumer price index, so they measure purchasing power over consumer goods. They will differ from Statistics Canada's real GDP in chained 2017 dollars, especially for resource-producing provinces when commodity prices swing.
- Provinces don't sum exactly to Canada. National GDP comes from the quarterly national accounts and national population is an annual average, while provincial GDP comes from the provincial accounts and provincial population is a July 1 estimate. Shares of Canada can therefore add to slightly more or less than 100 per cent.
- The newest year may be partial. Where a series ends a year later than the others, such as territorial employment, the last value can be an average of the months published so far.
- Before 1999, the Northwest Territories included what is now Nunavut. Newfoundland and Labrador joined Confederation in 1949; Alberta and Saskatchewan series begin in 1901.
Coverage
How to cite
Questions or comments? Please email Trevor Tombe (University of Calgary) at .
Licence
This tool and its database are licensed under a Creative Commons Attribution 4.0 International licence (CC BY 4.0). You may share and adapt them for any purpose, including commercially, as long as you give appropriate credit (see How to cite), link to the licence and say if you made changes. The underlying source data remain under their own terms: Statistics Canada data under the Statistics Canada Open Licence, and the Jordà–Schularick–Taylor Macrohistory Database under the terms set by its authors.