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Canadian Aqua

@priorconfirmed.bsky.social
124 followers 171 following 210 posts

Canada shill. Economic stuffs

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Canadian Aqua @priorconfirmed.bsky.social · 30/09/2026
Ah that's too bad, thanks for responding though
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Canadian Aqua @priorconfirmed.bsky.social · 26/09/2026
Awesome stuff Jens! Do you know if the LFS microdata pre 1976 exist and if it publicly available anywhere?
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Michael Hobbes @michaelhobbes.bsky.social · 20/01/2026
10 years of this shit
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Jens von Bergmann @jensvb.bsky.social · 12/01/2026
Introducing CanViz, my little side project over the break to make StatCan tables more accessible.
canviz.mountainmath.ca
CanViz - Canadian Data Visualization Tool
Interactive 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.
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Canadian Aqua @priorconfirmed.bsky.social · 04/12/2025
Ya they started that like two releases ago I think. With the new revisions GDP per capita bottomed out at 2019 levels at the start of 2024 and now it's rushing upwards. I properly calculated it below (assumed no growth in population for Q3 2025)
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Jens von Bergmann @jensvb.bsky.social · 17/11/2025
Updated 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).
Urban greenness in Metro Vancouver in 2025Urban greenness in Metro Vancouver in 2025
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Kent Fellows @gkfellows.bsky.social · 11/11/2025
The Jobs Report, brought to you by DoorDash.
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Canadian Aqua @priorconfirmed.bsky.social · 07/11/2025
Yup, reading that was depressing. They had a budget of 873m in 2023-2024, 90% of that is personnel, so many people are going to lose their jobs :/ But hey! At least the cuts won't be as bad as the Harper ones! 🫠
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Canadian Aqua @priorconfirmed.bsky.social · 06/11/2025
Looks like my prediction that the fall in GDP per capita would be greatly attenuated by revisions was correct! And keep in mind only data up to 2022 is finalized!
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Canadian Aqua @priorconfirmed.bsky.social · 06/11/2025
With 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.
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Denis Trailin @denis.trailin.ca · 05/11/2025
The media elites don't want you to know that immigrants out earn Canadians by a substantial margin, including the 2021 cohort
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Canadian Aqua @priorconfirmed.bsky.social · 05/11/2025
Implicitly blaming international students for rising youth/overall unemployment. No wonder no one wants to come! And the private sector backs them up with it too. Like this is the kinda garbage pumped out. bsky.app/profile/prio...
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Canadian Aqua @priorconfirmed.bsky.social · 31/10/2025
I 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.
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Canadian Aqua @priorconfirmed.bsky.social · 18/10/2025
HAHAHA I know right?
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Jens von Bergmann @jensvb.bsky.social · 15/10/2025
Workday 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.)
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Canadian Aqua @priorconfirmed.bsky.social · 15/10/2025
Wow this is crazy cool!
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Canadian Aqua @priorconfirmed.bsky.social · 15/10/2025
Lol I'm gonna post this over on Twitter wonder what the insane people over there will say 😆
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Denis Trailin @denis.trailin.ca · 14/10/2025
I 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
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Canadian Aqua @priorconfirmed.bsky.social · 15/10/2025
Crazy how Denmark's youth unemployment rate starting going up at the exact same time as in Canada, must've been all the temporary foreign workers.
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Canadian Aqua @priorconfirmed.bsky.social · 29/09/2025
Hahaha yeah I saw him post that over on Twitter. He's run out of series to use now 🤣
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Canadian Aqua @priorconfirmed.bsky.social · 05/08/2025
Data from www150.statcan.gc.ca/n1/pub/11f0019
www150.statcan.gc.ca
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Canadian Aqua @priorconfirmed.bsky.social · 05/08/2025
In addition, if StatCan were to adopt a more comprehensive definition of intangible capital (will not happen tbc) GDP would see a lift of 6.6%, 2019 would see a lift of 7.1%. If we trend the trend forward to 2024 we'd get 7.4%.
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Canadian Aqua @priorconfirmed.bsky.social · 05/08/2025
With 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
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Phil Smith @philsmith26.bsky.social · 31/07/2025
A 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...
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Canadian Aqua @priorconfirmed.bsky.social · 11/07/2025
I can do it if you want! :)
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Canadian Aqua @priorconfirmed.bsky.social · 05/07/2025
Lol 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.com
Joel Kotkin: The West's immigration reckoning is here
Soaring immigration has coincided with steadily dropping labour market participation
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Canadian Aqua @priorconfirmed.bsky.social · 26/06/2025
I just did it for my own personal enjoyment I guess. I replicated Diewert and Yu's paper here www.csls.ca/ipm/24/IPM-2... and made it quarterly instead of annual so it's very timely.
csls.ca
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Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025
And there is labour composition. You can interpret this as improvement in the "quality" of the labour force. Line go up means higher quality workers.
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Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025
And there's "Capital deepening" You can see absolutely massive growth here from 2000 to 2017 coming from the oil sands boom, not much growth since then. And no, Mark Carney will not make another oil sands boom pipeline or not.
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Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025
There's all factors.
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Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025
An update to my TFP calculation. Made a coding error with the pre-2006 LFS data so it strongly overstated labour composition growth.
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Canadian Aqua @priorconfirmed.bsky.social · 25/06/2025
Wow even managed to squeeze into the article top minds like Ron Butler and Stephen Punwasi. Wonderful quote from Butler here.
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Canadian Aqua @priorconfirmed.bsky.social · 21/06/2025
Just one more graph. The original used usual hours worked, this one uses *actual* hours worked. It grows slightly faster.
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Canadian Aqua @priorconfirmed.bsky.social · 21/06/2025
Capital services is the capital stock*capital composition, and labour services is hours worked*labour composition
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Canadian Aqua @priorconfirmed.bsky.social · 21/06/2025
There's the four series together, roughly TFP is calculated as TFP ~ ΔGDP-ΔCapital services-ΔLabour services
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Canadian Aqua @priorconfirmed.bsky.social · 21/06/2025
Ok there's the final product for quartrely total factor productivity! Happy with this for now.
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Canadian Aqua @priorconfirmed.bsky.social · 19/06/2025
I followed the methodology set out by Diewert and Yu (2012) as well as Cao (2021). I made some (what I think are improvements) to the methodology as well. Also keep in mind that there are significant uncertainties at play here, most important part is the trend.
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Canadian Aqua @priorconfirmed.bsky.social · 19/06/2025
Note the absolute explosion in capital services coming from the oil sands boom! Capital services growth really started rebounding until the pandemic hit :(
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Canadian Aqua @priorconfirmed.bsky.social · 19/06/2025
Really 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.
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Canadian Aqua @priorconfirmed.bsky.social · 03/06/2025
Also maybe the keen eyed observer sees that labour doesn't any trend break despite the rapid surge in the NPR population.
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Canadian Aqua @priorconfirmed.bsky.social · 03/06/2025
Glad to see my measure pretty closely matches StatCan's measure. I don't expect them to be the same, one notable methodology difference is that I used nearly double the number of worker types. I also used a Törnqvist index, while they use a Fisher index. Both area superlative indices and near same.
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Canadian Aqua @priorconfirmed.bsky.social · 03/06/2025
LFS PUMFs were used with a greater number of worker types My measure of labour quality displays evidence of "chain drift" as noted by the difference between calculating it at an annual rate vs quarterly. Benchmarking the quarterly series to the annual one, helps reduce it. 2/n
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Canadian Aqua @priorconfirmed.bsky.social · 03/06/2025
In 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
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Phil Smith @philsmith26.bsky.social · 24/05/2025
Long-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.
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Canadian Aqua @priorconfirmed.bsky.social · 24/05/2025
Twitter is completely FUCKED right now. Unusable 🤧 What will I do for entertainment now???
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Canadian Aqua @priorconfirmed.bsky.social · 23/05/2025
Here's what it looks like seasonally adjusted. Substantially less interpretable when it comes to study permits.
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Canadian Aqua @priorconfirmed.bsky.social · 23/05/2025
An 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!
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Phil Smith @philsmith26.bsky.social · 22/05/2025
As 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$.
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Kevin Milligan @kevinmilligan.bsky.social · 21/05/2025
A 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%.
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Canadian Aqua @priorconfirmed.bsky.social · 21/05/2025
There will be a reckoning when they are forced to fix the fiscal situation in the future, it will be very very painful for them
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