Quarterly Survey of Financial Statements (QSFS)

Gain (or loss) of enterprise, value

Gain (or loss) refers to realized gains or losses on the sale of assets that are not considered extraordinary items. The assets in this category are not considered part of stock-in-trade purchased for sale from the normal operations of the business. They are considered to be of a capital nature such as loans, investments, securities and fixed assets.

Enterprise refers to the highest level of the Business Register statistical hierarchy. In alignment with the System of National Accounts, it is defined as an institutional unit that directs and controls the allocation of resources relating to its operations, and for which financial statements are maintained from which international transactions, an international investment position and a financial position for the unit can be derived. Enterprises can be corporations, quasi-corporations, institutions, or unincorporated businesses such as sole proprietors or partnerships. For incorporated enterprises, financial statements can be consolidated.

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

• Canadian dollar at current prices