Reposted by Canadian AquaMichael Hobbes @michaelhobbes.bsky.social · 20/01/202610 years of this shit 16781531113
Reposted by Canadian AquaJens von Bergmann @jensvb.bsky.social · 12/01/2026Introducing CanViz, my little side project over the break to make StatCan tables more accessible.canviz.mountainmath.caCanViz - Canadian Data Visualization ToolInteractive data visualization tool for exploring and analyzing Statistics Canada data tables. Browse thousands of Canadian statistics, create custom plots, and download data in multiple formats. 712443
Reposted by Canadian AquaJens von Bergmann @jensvb.bsky.social · 17/11/2025Updated Urban Greenness data out from StatCan is out today, quantifying the "average greenness" on a 250m grid. Data is annual and goes back to 2000 and allows for some comparison (although some caution is advised). 1176
Reposted by Canadian AquaKent Fellows @gkfellows.bsky.social · 11/11/2025The Jobs Report, brought to you by DoorDash. 162
Canadian Aqua @priorconfirmed.bsky.social · 06/11/2025With the release of the 2022 supply and use tables and revisions, here's what the updated GDP per capita looks like. We'll have to wait later this month for 2025 updates. I just did a crude upward lift here since we only got annual up to 2024. 110
Reposted by Canadian AquaDenis Trailin @denis.trailin.ca · 05/11/2025The media elites don't want you to know that immigrants out earn Canadians by a substantial margin, including the 2021 cohort 121
Canadian Aqua @priorconfirmed.bsky.social · 31/10/2025I just had to say something on this report by TD. Their argument for why unemployment would be higher in counterfactual world with higher population growth is drawing a straight line. Like my god, bank economists truly are topic economic minds. 010
Reposted by Canadian AquaJens von Bergmann @jensvb.bsky.social · 15/10/2025Workday morning rush hour for comparison. More bus lines, and more service. (Still missing buses not sending realtime data, as well as sea bus and skytrain which don't show up in the realtime data feed.) 2242
Reposted by Canadian AquaDenis Trailin @denis.trailin.ca · 14/10/2025I find it funny that the anti-immigration people like to cite Denmark as their success story when their youth unemployment is higher than Canada's 253
Canadian Aqua @priorconfirmed.bsky.social · 05/08/2025With the adoption of the 2025 SNA coming around in 2029-2030, here's the impact on nominal GDP from the inclusion of data as recommended by it. We see a slight shift upward (average of 2.2%) over 2000-2019 with it's impact growing over time. If the trend holds 2024 will be ≈2.6% high 100
Reposted by Canadian AquaPhil Smith @philsmith26.bsky.social · 31/07/2025A significant study released by Statistics Canada this morning casts new and surprising light on real per capita regional income disparities in Canada. After PPP adjustment, Ontario and BC ranked lower in 2021 while the poorer regions correspondingly higher. www150.statcan.gc.ca/n1/daily-quo... 031
Canadian Aqua @priorconfirmed.bsky.social · 05/07/2025Lol we got an "urban studies" guy saying that immigrants are stealing jobs because the average labour force participation rate is falling. In addition he cites Borjas as his proof that immigrants suppress wages LOL nationalpost.com/opinion/joel...nationalpost.comJoel Kotkin: The West's immigration reckoning is hereSoaring immigration has coincided with steadily dropping labour market participation 000
Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025An update to my TFP calculation. Made a coding error with the pre-2006 LFS data so it strongly overstated labour composition growth. 220
Canadian Aqua @priorconfirmed.bsky.social · 21/06/2025Ok there's the final product for quartrely total factor productivity! Happy with this for now. 120
Canadian Aqua @priorconfirmed.bsky.social · 19/06/2025Really rough first pass at calculating TFP for Canada. A lot of stuff I'm really not happy about here that I'll be revisiting. I will also be extending this further back in time as well. 110
Canadian Aqua @priorconfirmed.bsky.social · 03/06/2025In the process of replicating and extending Diewert and Yu (2012) where they calculate Total Factor Productivity but I will be doing it on a quarterly basis and extending it to the Present. Multiplying labour quality by hours worked gives us our "labour services" input. Details below 1/n 110
Reposted by Canadian AquaPhil Smith @philsmith26.bsky.social · 24/05/2025Long-term interest rate yields on US Treasury securities have trended up since Trump's 'Liberation Day'. The risk of default has never been higher as the fiscal deficit explodes and uncertainty stalls private decision-making under a President who made a career out of welshing on his personal debt. 052
Canadian Aqua @priorconfirmed.bsky.social · 24/05/2025Twitter is completely FUCKED right now. Unusable 🤧 What will I do for entertainment now??? 010
Canadian Aqua @priorconfirmed.bsky.social · 23/05/2025An update on permits issued for study, temporary foreign worker program, and international mobility program. Reminder that this includes renewals and new permits! Looks like study permit issuances is going up again after falling, but exercise caution with this series! 110
Reposted by Canadian AquaPhil Smith @philsmith26.bsky.social · 22/05/2025As the US drives its international indebtedness ever higher, Canada's net asset position keeps expending. Our financial picture is much better balanced. The Trump budget plan for this year will drive US indebtedness even further down, necessitating more borrowing and further weakening the US$. 152
Reposted by Canadian AquaKevin Milligan @kevinmilligan.bsky.social · 21/05/2025A US deficit of $2.3 trillion is about 7.5% of expected US GDP in 2026. Canada is in the range of 2% defict/GDP. Their 10 year bond is about 4.5%; ours is about 3.5%. 23416
Reposted by Canadian AquaTrevor Tombe @trevortombe.bsky.social · 20/05/2025Today's inflation data: avg prices rose 1.7% in April vs last year. Absent carbon taxes, inflation would have been 2.3% in April (see: www150.statcan.gc.ca/t1/tbl1/en/...). This 0.6% effect validates research (incl. by myself and @dr_jen_winter) on the effect of CTaxes. #cdnecon #cdnpoli 25119
Reposted by Canadian AquaPhil Smith @philsmith26.bsky.social · 17/05/2025If you are interested in Canadian employment statistics, I have a new piece on Substack (free) comparing LFS and SEPH here: philip635.substack.com/p/comparing-...philip635.substack.comComparing Canada's two employment surveysIntroduction 0115
Reposted by Canadian AquaJens von Bergmann @jensvb.bsky.social · 16/05/2025The big problem with most of the financialization and commodification of housing arguments is the lack of foundation in data and real world processes. It’s 90% ideology and 10% cherry-picked examples. 3346
Reposted by Canadian AquaJustin Wolfers @justinwolfers.bsky.social · 11/05/2025I had never noticed and now this is all I can think about. 491649370
Canadian Aqua @priorconfirmed.bsky.social · 09/05/2025Canada, unlike the US surprisingly, has been experiencing a RELATIVE decline of the manufacturing sector for decades now. Interesting to see that the decline in non-durable manufacturing has been essentially a straight line down, while durable is more volatile. 100
Canadian Aqua @priorconfirmed.bsky.social · 09/05/2025Annoying how many broken series there are for Canada. Like expenditure based GDP is all the way back to 1961 but for production based GDP the chain is broken. Just an example to indicate the problem. 251
Canadian Aqua @priorconfirmed.bsky.social · 05/05/2025To give you an idea of the impact of treating data as a produced asset, GDP in 2019 would be about 2.5% higher with it's inclusion. bsky.app/profile/prio... 120
Canadian Aqua @priorconfirmed.bsky.social · 05/05/2025The update to the 2008 SNA is now here, 2025 SNA! Data will FINALLY be considered a produced asset and so will now show up in GDP! Unfortunately, it'll take awhile for countries statistical agencies to adopt it's recommendation though. 162
Reposted by Canadian AquaJennifer Robson 🇨🇦 @jrobson.bsky.social · 04/05/2025I’ve been waiting for news on this. 57318
Reposted by Canadian AquaKevin Milligan @kevinmilligan.bsky.social · 03/05/2025This is US self-immolation. I was glad to see the PM signal he was not in a rush to make a deal ("no white smoke expected"). The US position gets weaker every day as the broad US public sees the negative impact of the tariffs in their daily lives; made a bit even worse by our countermeasures. 36519
Reposted by Canadian AquaPhil Smith @philsmith26.bsky.social · 02/05/2025@tammyschirle.bsky.social @carsjam.bsky.social @jensvb.bsky.social What do you folks think of this fixed-weight average of the median real family incomes of the nine family types that StatCan identifies? It's an attempt to adjust for changing family composition. Unadjusted CAGR 0.3%, adjusted 0.9%. 192
Canadian Aqua @priorconfirmed.bsky.social · 01/05/2025I saw this graph published by RBC. This kind of stuff is actively harmful to any discussion of productivity. Growth accounting is DESCRIPTIVE, NOT CAUSAL. Investment (fixed capital formation) is an OUTCOME of deeper forces like technology, policy, and institutions. 120
Canadian Aqua @priorconfirmed.bsky.social · 30/04/2025Thought this was pretty incredible! Inferring from the real time crime index data, the US homicide rate is the lowest in it's history. 011
Canadian Aqua @priorconfirmed.bsky.social · 27/04/2025Maybe unbelievable but half of tax filers pay no federal or provincial income taxes (payroll included) net of transfers. In 2022, the 50th percentile effective rate was 0%. For 18 to 24 year olds: 52% paid 0% or less. 25 to 54: 34% 55 to 64: 38% 65 and above: 90% 110
Canadian Aqua @priorconfirmed.bsky.social · 26/04/2025This is five year income changes from the LAD. This is LONGITUDINAL data, as in, it follows a group from one period to the next. I had no idea this data existed! But I stumbled upon it! Very cool! 120
Canadian Aqua @priorconfirmed.bsky.social · 25/04/2025I really just don't understand why people think the federal government controls the economy. If you look at ICP benchmarks, Canada was "falling behind" relative to the US all the way back in 2005, did Harper neglect the economy? 110
Reposted by Canadian AquaKevin Milligan @kevinmilligan.bsky.social · 23/04/2025Now that the CPC platform is out, I can post an update to the debt/GDP trajectories. The CPC document includes assumed revenue gains that many, including me, find dubious. So, I've put lines showing their numbers with/without the assumed revenue gains. I'm using PBO GDP as demominator. 48336
Canadian Aqua @priorconfirmed.bsky.social · 22/04/2025Surely the Conservative platform will receive the same amount of vitriol towards it's deficit as the Liberal one, right? I'll be patiently waiting for the same level of criticism, otherwise a lot of people will have outed themselves as ideologues. 010
Reposted by Canadian AquaKevin Milligan @kevinmilligan.bsky.social · 21/04/2025Here are Debt/GDP ratios for three scenarios: 1--PBO baseline. 2--LPC platform (costed by themselves) 3--CPC platform (costed by LPC) I'll happily update with CPC platform numbers if CPC releases them. But until then it doesn't seem fair that they escape scrutiny. So, I'll go with what I have. 520680
Reposted by Canadian AquaKevin Milligan @kevinmilligan.bsky.social · 21/04/2025If you think 'Trump trade shock is no big deal' then maybe we should have declining debt/GDP. No need to invest in a new path or make any changes. Business as usual. On the other had, if you think the Trump presidencey *has* changed things, there's a case that we need to invest in a new path. 0247
Canadian Aqua @priorconfirmed.bsky.social · 14/04/2025Made this chart for your guy's viewing pleasure. Data from each country comes from their respective national accounts so extremely high quality. Growth is observed to be identical over the 2001 to Present period, in fact in PPP terms it's higher now than 24 years ago. 120
Reposted by Canadian AquaMax Fawcett @maxfawcett.bsky.social · 07/04/2025Oh just shut the fuck up with this self-serving drivel. (this, ironically, is from an Ontario-based law professor at Queen's) www.rightsprobe.org/alberta-decl...rightsprobe.orgAlberta Declaration of Independence — Rights Probe 2315734
Reposted by Canadian AquaJennifer Robson 🇨🇦 @jrobson.bsky.social · 05/04/2025Currently re-reading Miran's 2024 paper. "The economic context into which tariffs are levied will be of significant importance, and the fragility or robustness of inflation expectations and local supply elasticities at current macroeconomic equilibrium can play substantial role." 2196
Reposted by Canadian AquaMichael Wiebe @michaelwiebe.bsky.social · 03/04/2025This paper was making the rounds, but did you notice it has a key contradiction? They divide cities into two groups (high and low housing supply constraints), and estimate the supply elasticity—how much quantities change in response to prices. Result: no difference! 1/ 26015
Canadian Aqua @priorconfirmed.bsky.social · 03/04/2025StatCan released data from the T1 tax files yesterday. Real median wages, salaries and commisions of all tax filers has increased by 6.8% since 2019! This data is even better than that from the national accounts, SEPH, or the LFS! 271
Canadian Aqua @priorconfirmed.bsky.social · 01/04/2025Uh oh Jens, new slop fresh off the press! Immediate red flag to me is this cite on the fourth page "In Canada, ‘real estate and rental and leasing’ is the largest industry by value (Statistics Canada 2024a)." www.tandfonline.com/doi/full/10.... @jensvb.bsky.socialtandfonline.comCrafting the narrative: wealth migration, growth machines and the politics of housing affordability in Vancouver, CanadaIn many gateway cities – cities tightly locked into global flows of capital and people – immigration has become the largest component of population growth, and thus a major determinant of housing m... 270
Canadian Aqua @priorconfirmed.bsky.social · 30/03/2025Hahahaha man why was I sleeping on the National accounts data man... Since 2019 real weekly earnings up: NA: 8.5% SEPH: 6.5% LFS: 7.3% BTW National accounts data is census of all T4s so very hard to deny. Man I'm sitting pretty right over here about my skepticism of "wage suppression" from NPRs. 141
