All industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201210); from Cube 36100434: Gross domestic product (GDP) at basic prices, by industry, monthly

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Gross Domestic Product is the unduplicated value of the goods and services produced (by a given industry) in the economic territory of a country or a region during a given period.

Series Attributes:

Unit and Multiplier:
Dollars, Millions
Frequency:
Monthly
Valuation Type:
Basic prices (value at)
The amounts receivable by the producer from the purchaser for a unit of a good or service produced as output minus any product tax payable, and plus any product subsidy receivable, by the producer as a consequence of its production or sale. It excludes any transport charges invoiced separately by the producer.
Seasonal Adjustment:
Seasonally adjusted Monthly GDP
A time series is said to be “seasonally adjusted” when it has been altered to remove predictable seasonal regularities due to normal variations in climate through the year, the schedule of religious, civic and other holidays, established social patterns such as the timing of the school year and other factors of this nature. Seasonally adjusted time series are usually adjusted for calendar effects also, as for example when one month has more working days (Mondays to Fridays) than another. Seasonally adjusted time series are smoother than time series that are not seasonally adjusted. At Statistics Canada most seasonal adjustment is accomplished using X-12-ARIMA method that was developed by the U.S. Census Bureau. Usage of moving averages is one of the basic principles behind the X12-Arima approach. Moving averages can be of different forms (e.g. three by three, three by five, centered). For this vector and for most contained in the monthly GDP table, “short” (i.e. three by three) centered moving averages are used. A shorter moving average, as opposed to a longer one (e.g. three by five), has the advantage of providing an earlier detection of the turning point in a series. However, it generally means that the tail end of the seasonally adjusted time series is prone to larger revisions as there are less data points to calculate the seasonally adjusted results, and therefore each of them has a relatively higher weight. Seasonal adjustment for this vector and for all other monthly GDP vectors is performed up to the last data point available (i.e. concurrent seasonal adjustment) rather than using advanced / projected seasonal factors for the most current periods. While trading day adjustment is also performed with each month’s data, forecasted trading day factors are used within the latest year.

Equation:

All industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201210) =
Goods-producing industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201211) +
Service-producing industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201212) +
Business sector industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201213) +
Non-business sector industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201216) +
Industrial production;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201219) +
Non-durable manufacturing industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201220) +
Durable manufacturing industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201221) +
Information and communication technology sector;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201222) +
Energy sector;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201225) +
Industrial production (1950 definition);Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201226) +
Public Sector;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201227) +
Content and media sector;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201228) +
All industries (except cannabis sector);Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v1059424619) +
Cannabis sector;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v1059424620) +
All industries (except unlicensed cannabis sector);Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v1059424623) +
Agriculture, forestry, fishing and hunting;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201229) +
Mining, quarrying, and oil and gas extraction;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201236) +
Utilities;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201254) +
Construction;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201258) +
Manufacturing;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201263) +
Wholesale trade;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201358) +
Retail trade;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201368) +
Transportation and warehousing;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201381) +
Information and cultural industries;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201398) +
Finance and insurance;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201407) +
Real estate and rental and leasing;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201419) +
Professional, scientific and technical services;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201429) +
Management of companies and enterprises;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201441) +
Administrative and support, waste management and remediation services;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201442) +
Educational services;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201452) +
Health care and social assistance;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201457) +
Arts, entertainment and recreation;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201463) +
Accommodation and food services;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201468) +
Other services (except public administration);Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201471) +
Public administration;Canada;Seasonally adjusted at annual rates;Chained (2017) dollars (v65201476)

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