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StatsCan revises data for GDP by industry

Ottawa - Revised gross domestic product by industry data for the provinces and territories covering the years 2007 to 2011 have been released by Statistics Canada.


Ottawa – Revised gross domestic product by industry data for the provinces and territories covering the years 2007 to 2011 have been released by Statistics Canada.

Periodically, the provincial and territorial gross domestic product by industry data undergoes historical revisions, broader in scope than the regular revisions undertaken on an annual basis. These historical revisions are reserved for incorporating updated international national accounting concepts as well as classification updates and methodological and statistical improvements. These changes are part of a comprehensive revision to the Canadian System of National Economic Accounts.

This release incorporates such revisions back to 2007. Revisions covering the period 1997 to 2006 will be released in 2013. This release also incorporates new provincial and territorial input-output accounts benchmarks for reference year 2009, released on November 19, 2012.

Revisions back to January 2007 to the national monthly gross domestic product by industry data will be released on January 31, 2013.

Also included in this release are 2009 data for provincial-territorial gross domestic product by industry and sector and provincial-territorial gross output by industry and sector, both at current prices.