Statistics Canada (StatsCan)


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.

BREAKING DOWN '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.

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  1. Is Canada a developed country?

    Canada is a developed country. Countries that are considered to have developed economies exhibit strength in typical economic ... Read Full Answer >>
  2. Are Canadian Pension Plans inflation-protected?

    The Canada Pension Plan protects pension holdings against inflation and adjusts its annual rates for inflation. The Canada ... Read Full Answer >>
  3. Are tax shelters legal in Canada?

    Most tax shelters are legal in Canada. However, there have been illegal tax shelter scams that the Canada Revenue Agency ... Read Full Answer >>
  4. Does Canada have Social Security numbers?

    Social Insurance numbers (SINs) in Canada are equivalent to Social Security numbers (SSNs) in the United States. Canadian ... Read Full Answer >>
  5. Who decides to print money in Canada?

    In Canada, new money comes from two places: the Bank of Canada (BOC) and chartered banks such as the Toronto Dominion Bank ... Read Full Answer >>
  6. Is Colombia an emerging market economy?

    Colombia meets the criteria of an emerging market economy. The South American country has a much lower gross domestic product, ... Read Full Answer >>

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