How tariffs are conceptually reflected in key economic statistics

Statistics Canada

Economic and Social Reports from Statistics Canada, Analytical Studies and Modelling Branch

Abstract: The effects of tariffs on Canadian exports or on imports into Canada will, over time (as they affect economic activities), be reflected in various statistical estimates published by Statistic Canada. While some programs measure tariffs directly, others do not because of their underlying concepts. However, the impact of tariffs is embedded in data collected across multiple statistical programs that are used to calculate estimates such as the Consumer Price Index (CPI); various producer price indexes (PPIs); retail and manufacturing sales; and key macroeconomic indicators, including the balance of payments, gross domestic product (GDP), supply and use tables (SUTs), and government finances. This note outlines how these effects are captured across various statistical programs.

Keywords: Postsecondary education; education; labour market; income (search for similar items in EconPapers)
JEL-codes: J23 M21 (search for similar items in EconPapers)
Date: 2025-04-23
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp8e:202500400001e

DOI: 10.25318/36280001202500400001-eng

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