Provincial and Territorial Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Domain of activity output of economy, value

Domain of activity output refers to the goods and services produced by an establishment engaged in a specific sector of activity, a) excluding the value of any goods and services used in an activity for which the establishment does not assume the risk of using the products in production; and b) excluding the value of goods and services consumed by the same establishment except for goods and services used for capital formation or own final consumption. In general, all goods and services that are produced and used by the same establishment are excluded from the measure of output. Exceptions occur, for example, output is recorded if the goods and services being produced are used for capital formation of the establishment. Similarly, output is recorded for products entering inventories even if eventually they are withdrawn from inventories for use as intermediate consumption in the same establishment in a later period.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices