Stock and Consumption of Fixed Non-residential Capital (SCFNRC)

Summary of changes

Activity on this program started: 1955 for Canada, Provinces and Territories

Reference period of change - 2019

This release reflects revised estimates of investment flows and prices in accordance with the latest revision of the Canadian System of Macroeconomic Accounts.

The classification of non-residential capital stock is based on the final demand classification used in the Supply and Use tables.

Estimates of non-residential and residential investment, depreciation and the associated net stocks are available by geographical breakdown on a current price basis, 2012 constant price basis (2012 asset price = 100) and chained (2012) dollar basis. Non-residential estimates of depreciation and stock are available by industry and by asset, using linear, geometric and hyperbolic methods. Residential estimates are available by type of investment using geometric methods.

Reference period of change - 2018

This release of the Infrastructure Economic Accounts incorporates revisions from the annual provincial-territorial economic accounts released on November 30, 2018. Consistent with the latest economic accounts release, the reference year for estimates in real terms for the infrastructure economic accounts was changed from 2007 to 2012. Unless otherwise noted, estimates of stock are presented on a net basis (net of depreciation). Revised and updated estimates are also available on the Infrastructure Statistics Hub.

Reference period of change - 2017

This release reflects revised estimates of investment flows and prices in accordance with the latest revision of the Canadian System of Macroeconomic Accounts.

The classification of non-residential capital stock is based on the final demand classification used in the supply and use tables.

Estimates of non-residential and residential investment, depreciation and the associated net stocks are available by geographical breakdown on a current price basis, 2012 constant price basis (2012 asset price = 100) and chained (2012) dollar basis. Non-residential estimates of depreciation and stock are available by industry and by asset, using linear, geometric and hyperbolic methods. Residential estimates are available by type of investment using geometric methods.

Reference period of change - 2014

Results of the redesigned Capital and Repair Expenditures Survey were released on May 26, 2015. With this redesign, macroeconomic accounting adjustments that were previously applied to the survey results, to better align with System of National Accounts (SNA) concepts, will no longer be made. The note Reconciliation of capital expenditure and gross fixed capital formation (www.statcan.gc.ca/pub/13-605-x/2015005/article/14171-eng.htm) provides users with an overview of the concepts of capital expenditure and gross fixed capital formation (GFCF) and the adjustments that are needed in order to bring capital expenditure in line with the SNA concept of GFCF.

Changes to the flows and stocks of fixed capital (www.statcan.gc.ca/pub/13-605-x/2014003/article/14106-eng.htm) The methodology for estimating the flows and stocks of fixed capital, has been redeveloped to ensure greater coherence of the capital stock program within the Canadian System of Macroeconomic Accounts (CSMA). This is done by incorporating investment flows directly from the CSMA. on a detailed industry/asset basis. The data released will be based on the input-output final demand classification, with updated per asset depreciation profiles and prices.

Reference period of change - 2007

This release of 2007 Fixed Assets includes not only the normal update of an additional year of data along with the standard revisions to the most recent years but also a significant change to the level at which the perpetual inventory method (PIM) is applied. (For additional information, please see the document "Non-Residential Fixed Assets 2007 Revision".)

Reference period of change - 2006

This release of 2006 Fixed Assets includes not only the normal update of an additional year of data along with the standard revisions to the most recent years but also an updating of the basic parameters used in the perpetual inventory method (PIM) and a significant change to the level at which the PIM is applied. (For additional information, please see the document "Fixed Assets 2006 Revision".)

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