Statistics Canada (StatsCan)

AAA

DEFINITION of 'Statistics Canada (StatsCan)'

Canada's government agency responsible for producing statistics for a wide range of purposes, including the country's economy and cultural makeup. Most notably, Statistics Canada conducts the Canadian census every five years. The organization is part of Canada's Industry Portfolio, a group of 11 government organizations tasked with helping to build a knowledge-based economy within Canada and generally promoting economic and job growth.

INVESTOPEDIA EXPLAINS 'Statistics Canada (StatsCan)'

Broadly, Statistics Canada focuses on collecting statistics dealing with the Canadian agriculture, environment, health, prices, industries, social conditions, travel and tourism. The results from these tests are used to gauge the general health and trend of the Canadian economy.

RELATED TERMS
  1. Consumer Price Index - CPI

    A measure that examines the weighted average of prices of a basket ...
  2. Bureau Of Labor Statistics - BLS

    A government agency that produces economic data that reflects ...
  3. Descriptive Statistics

    A set of brief descriptive coefficients that summarizes a given ...
  4. Statistics

    A type of mathematical analysis involving the use of quantified ...
  5. Current Population Survey

    A statistical survey that is performed by the U.S. Census Bureau ...
  6. Abbreviated New Drug Submission ...

    A written request to Health Canada to obtain marketing approval ...
Related Articles
  1. The Unemployment Rate: Get Real
    Economics

    The Unemployment Rate: Get Real

  2. Economic Indicators That Do-It-Yourself ...
    Investing Basics

    Economic Indicators That Do-It-Yourself ...

  3. Does High GDP Mean Economic Prosperity?
    Economics

    Does High GDP Mean Economic Prosperity?

  4. Why The Consumer Price Index Is Controversial
    Economics

    Why The Consumer Price Index Is Controversial

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center