Canada's International Investment Position (IIP)

Economic sector of economy, category

Economic sector refers to a group of resident institutional units that have similar objectives. There are six sectors: households sector, the non-profit institutions serving households sector, the financial corporations sector, non-financial corporations sector, the general governments sector, and the non-residents sector.

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 classifications and/or lists:

• Canadian economic sectors
• External Debt Sectors