Activities of Foreign Majority-Owned Affiliates in Canada

Gross fixed capital formation of enterprise, category

Gross fixed capital formation refers to the value of producers' acquisitions of new and existing products of this type, in a particular category of fixed asset, less the value of their disposals of fixed assets of the same type. The costs of ownership transfer are treated as gross fixed capital formation. They are attributed to the purchaser or seller of the asset according to which unit bears the responsibility of meeting the costs.

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 classifications and/or lists:

• Components of Real Gross Fixed Capital Formation