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. Current Population Survey

    A statistical survey that is performed by the U.S. Census Bureau ...
  3. Bureau Of Labor Statistics - BLS

    A government agency that produces economic data that reflects ...
  4. Statistics

    A type of mathematical analysis involving the use of quantified ...
  5. Descriptive Statistics

    A set of brief descriptive coefficients that summarizes a given ...
  6. Abbreviated New Drug Submission ...

    A written request to Health Canada to obtain marketing approval ...
Related Articles
  1. Economics

    The Unemployment Rate: Get Real

    Depending on how it's measured, the unemployment rate is open to interpretation. Learn how to find the real rate.
  2. Investing Basics

    Economic Indicators That Do-It-Yourself Investors Should Know

    Understanding these investing tools will put the market in your hands.
  3. Economics

    Does High GDP Mean Economic Prosperity?

    GDP is the typical indicator used to measure a country's economic health. Find out what it fails to reveal and how the Genuine Progress Indicator can help.
  4. Economics

    Why The Consumer Price Index Is Controversial

    Find out why economists are torn about how to calculate inflation.
  5. Forex Education

    The German ILO: Why It Matters To Traders

    Germany sets the standard and tone for business in Europe, which makes its economic releases a source of great interest to traders.
  6. Mutual Funds & ETFs

    How To Start A Hedge Fund In Canada

    Would-be hedge fund managers in Canada need to understand the laws and regulations that must be followed in order to start a fund in the country.
  7. Chart Advisor

    Is Now the Time to Invest in North America?

    Bullish chart patterns across the North American markets suggest that now might actually be a wise time to allocate closer to home.
  8. Fundamental Analysis

    What is a Null Hypothesis?

    In statistics, a null hypothesis is assumed true until proven otherwise.
  9. Economics

    Canadian Dollar Continues To Drop, But Why?

    The Canadian dollar-US dollar exchange rate is positively related to oil prices partly due to crude oil's big share of Canada's total FX currency earnings.
  10. Economics

    Oil Prices' Impact On Oil Transport Sector

    Short-term changes in oil prices and in the volume of oil produced have a marginal impact on the oil transportation industry in Canada.

You May Also Like

Hot Definitions
  1. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
  2. Asset Class

    A group of securities that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same ...
  3. Fiat Money

    Currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat ...
  4. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  5. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  6. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
Trading Center