Revisions
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The TCSP revision policy follows a structured approach of revisions that is aligned with the Canadian System of Macroeconomic Accounts (CSMA) as well as regular benchmarking to new Culture Satellite Accounts (CSAs) and PTCIs. The revision policy serves to improve the reliability and accuracy of the TCSP time series estimates. It is adapted from the policy followed for the PTCI and CSMA.
At the time of a TCSP release, estimates for the previous two years are subject to revision. These revisions allow for newly published Supply and Use Tables (SUTs), customs-based merchandise trade and Balance of payments (BOP) based trade data to be incorporated into the time series.
The TCSP estimates will be revised for according to revisions in the PTCI. This will permit new culture and sport ratios to be incorporated into the TCSP estimates. See Revisions under the PTCI for more information.
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