Statistics Canada Programmes Addressing Globalization Art Ridgeway Balance of Payments Division July 2007 Balance of Payments Division Statistics Canada Organization • A highly centralized statistical system – Full range of social and economic statistics • Economic statistics divided into two part: – Business and trade statistics • Structural surveys, merchandise trade and prices – National accounts and analytical studies • National accounts, which includes – Balance of payments – Government financial statistics • Analytical studies and current analysis Balance of Payments Division Statistics Canada 2 Corporations Returns Act • Separate law (not Statistics Act) – directory of inter-corporate ownership showing “who owns who" in Canada • Annual report to Parliament on the foreign ownership and control of Canadian businesses • Country of ultimate control Balance of Payments Division Statistics Canada 3 Foreign Direct Investment • Limited detail for quarterly – Balance of Payments, and – International Investment Position • Detailed position data - annually • the net stock of FDI assets has been positive since 1997 – outward FDI in around 150 countries – FDI in Canada from about 100 countries Balance of Payments Division Statistics Canada 4 Foreign Affiliate Trade Statistics • Limited progress in this area – Annual program linked to FDI survey – Outward data on the sales of goods and services and employment only • Limited data on inward to date – See globalization project below Balance of Payments Division Statistics Canada 5 Trade in Services • Publish international trade in services data for – 32 service commodities – 60 countries and regions • Three-year project to improve the data for international trade in services – Coverage improvement, particularly with respect to small and medium sized businesses – Aim to have annual provincial breakdown of Canada’s imports and exports of services by commodity Balance of Payments Division Statistics Canada 6 Trade in Goods: Exporter/Importer Registers • Links customs data with the Business Register to provide demographics on trading enterprise • Exporter Register database – value of merchandise exports for 1993 to 2005 period • Importer Register database – currently available for 2000 – data for 2003-2005 will be available this year • Union of the Exporter and Importer databases – Insights into import content in exports Balance of Payments Division Statistics Canada 7 Trade in Intellectual Property: Licenses for Patents, Trademarks and Copyrights • Technological balance of payments – includes payments and receipts for the acquisition and use of patents, licenses, trademarks, designs, know-how and closely associated technical services, as well as for research and development services • Reconciled with balance of payments – to identify firms that purchase R&D services but perform no R&D themselves Balance of Payments Division Statistics Canada 8 Analytical Studies • In-house personnel and external researchers – economic performance of multi-national enterprises – innovation related to multi-national enterprises – offshoring and outsourcing • A survey paper covering research on multinational enterprises is being prepared – It will review Statistics Canada’s work in this area over the past quarter century Balance of Payments Division Statistics Canada 9 Globalization Project • Statistics Canada has initiated a globalization indicators project in response to the OECD Handbook – Canadian multinational enterprises • Global Value Chains Data Development – Feasibility Study – currently drafting questions for testing in autumn 2007 Balance of Payments Division Statistics Canada 10 Commercialization • A pilot survey of commercialization in Canada for reference year 2006 • How are new developments brought to market? – for projects undertaken in Canada and commercialized there and – for projects developed by Canadian firms outside the country to exploit new markets Balance of Payments Division Statistics Canada 11 Business Register • presently under redevelopment – additional emphasis is being put on recording the international links between Canadian businesses and their foreign parents or subsidiaries • Multi-national enterprises clearly identified – foreign MNE, Canadian MNE, and non-MNE – importers, exporters, both, or neither Balance of Payments Division Statistics Canada 12 International Labour Supply and Remittances • These are challenges for Canada – Relatively weak data sources – Rely on a number of households surveys – Questions added over the past year • Increasing use of temporary workers – Primarily from Mexico and Caribbean – Recently more from eastern Europe Balance of Payments Division Statistics Canada 13 General Business Survey • A pilot survey in 2008-2009 with expectation of a full survey in 2009-2010 • Use, implementation and impact of business strategies in large firms • In due course, expected to support longitudinal analysis Balance of Payments Division Statistics Canada 14 Conclusion • Art.Ridgeway@statcan.ca • http://www.statcan.ca/ – http://cansim2.statcan.ca/studies/perser.shtml Balance of Payments Division Statistics Canada 15