The Daily

The Daily. Friday, November 3, 2000

Fixed assets

2000

By the end of 2000, there will be more than $2.0 trillion in structures and equipment being used to produce goods and services in the economy. The increase of nearly 80% (in real terms) over the last 20 years means that the production capacity of the economy has grown.

Fixed assets

Fixed assets

2000


  Building and engineering structures Machinery and equipment Total
  $ billions constant 1992
Total 1394.1 643.2 2037.3
       
Agriculture, forestry, fishing and hunting 35.0 19.4 54.4
Mining and oil and gas extraction 188.2 15.2 203.4
Utilities 217.5 89.2 306.7
Construction 7.0 18.5 25.5
Manufacturing 89.5 162.4 251.9
Wholesale trade 11.5 17.1 28.6
Retail trade 27.4 19.2 46.6
Transportation and warehousing 112.9 55.3 168.2
Information and cultural industries 49.8 67.5 117.3
Finance and insurance 24.5 61.2 85.7
Real estate and rental and leasing 131.2 26.7 157.9
Professional, scientific and technical services 2.6 22.1 24.7
Management of companies and enterprises 0.2 0.8 1.0
Administrative and support, waste management and remediation services 2.0 4.3 6.3
Educational services 82.4 10.2 92.6
Health care and social assistance 44.3 11.3 55.6
Arts, entertainment and recreation 9.2 2.5 11.7
Accommodation and food services 22.5 3.0 25.5
Other services (except public administration) 10.1 4.9 15.0
Public administration 326.3 32.4 358.7

The strong growth in assets has been especially notable in machinery and equipment, indicating that the economy has been incorporating the latest technological innovations at a rapid rate. The drive by industries to become more productive and competitive in the global economy has been the force behind this rapid buildup of assets.

These series are now presented on the basis of the North American Industry Classification System (NAICS Canada 1997). In addition, certain aspects of the methodology have been modified to provide for greater international comparability of the data. Some of the new series differ markedly from those produced previously using the Standard Industrial Classification (SIC 1980) and the old methodology.

Available on CANSIM: matrices 13100-13360 and 13400-13660.

To order data, contact Flo Magmanlac (613-951-2765). For more information, or to enquire about the concepts, methods or data quality of this release, contact Richard Landry (613-951-2579), Investment and Capital Stock Division.


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