1. Draft set of financial indicators − Canadian System of National Accounts
Working Party on Financial Statistics
Patrick O’Hagan, Statistics Canada
November 2009

2. Financial crisis: Increased leverage of macro-economic financial statistics
Recent global financial crisis and its impact (s)
Increased use of / need for financial statistics
Frequency and timeliness considerations
Details and assessments of financial performance/risk
SNA Financial Account and Balance Sheet Account … as well as related accounts
Data may be expressed in the form of financial indicators for ease of interpretation
Draft set of macro-financial indicators built primarily from quarterly Financial Flow Accounts (8 weeks) and National Balance Sheet Accounts (10 weeks).

3. Households: Components/uses of saving

4. Households: Composition of financial assets

5. Households: Pension Satellite Account - Proportion of pension assets in financial assets

6. Households: Leverage

7. Non-financial corporations: Relative financial asset growth

8. Non-financial corporations: Composition of assets

9. Non-financial corporations: Liquidity (excluding inventories)

10. Non-financial corporations: Structure of financing activity (external)

11. Non-financial corporations: Structure of financing activity (internal-external)

12. Non-financial corporations: Leverage

13. Institutional investors (pension and investment funds): Assets; gains/losses

14. Institutional investors: Composition of assets

15. Banks and near-banks: Composition of financial assets

16. Banks and near-banks: loans to deposits

17. Issuers of asset-backed securities assets: Market shares

18. Federal government: Composition of assets

19. Federal government: Short-term to long-term debt

20. Non-resident sector: Composition Canadian investment abroad

21. Economy-wide: Household non-financial assets in national wealth

22. Economy-wide: Sector Debt to GDP

23. Economy-wide: Structure of the market for federal government short-term paper

24. Economy-wide: Pension Satellite Account - Structure of pension assets

25. Summary, future work, questions
Timely set of indicators built from the SNA financial accounts components can shed light on economic behaviour and financial markets … recent financial crisis and impact (s)
Future work, includes release of Pension Satellite Account, further development of yield accounts, completion of Other Changes in Assets Account, extended corporate sector income and outlay … all would extend financial indicators analysis
Experiences in other OECD countries?
Questions?