Translation of "Direction de l'analyse économique et des statistiques " (French → English) :

The witnesses are Larry Murray, deputy minister; Kevin Stringer, director general of the resource management directorate, fisheries and aquaculture management; Cal Hegge, assistant deputy minister, human resources and corporate services; Wendy Watson-Wright, assistant deputy minister, science sector; Sue Kirby, assistant deputy minister, oceans and habitat sector; and William Doubleday, director general, economic analysis and statistics.

The economic analysis is based on existing official statistics, even though these do not fully reflect the scale of the sector and its economic importance.

2. For economic activities, statistical units are local units or kind-of-activity units, as defined in Council Regulation (EEC) No 696/93 of 15 March 1993 on the statistical units for the observation and analysis of the production system in the Community(1), according to each Member State's statistical system.

(1) Whereas Article 5.1 of the Statute requires the ECB, assisted by the national central banks, to collect either from the competent national authorities or directly from economic agents the statistical information which is necessary for the tasks of the European System of Central Banks (hereinafter referred to as the 'ESCB`) to be performed; whereas, to facilitate the execution of these tasks, set out in Article 105 of the Treaty, and in particular the conduct of monetary policy, this statistical information is used primarily for the production of aggregated statistical in ...[+++]formation, for which the identity of individual economic agents is irrelevant, but may also be used at the level of individual economic agents; whereas Article 5.2 of the Statute requires the national central banks to carry out, to the extent possible, the tasks described in Article 5.1 of the Statute; whereas Article 5.4 of the Statute requires the Council to define the natural and legal persons subject to reporting requirements, the confidentiality regime and the appropriate provisions for enforcement; whereas the national central banks may cooperate with other competent authorities, including national statistical institutes and market regulators, for the purposes of Article 5.1 of the Statute;

(b) like the SNA, the concepts in the ESA are also harmonized with those in the major international guidelines on some other economic statistics, in particular the IMF Balance of Payments Manual (BPM), the IMF Government Finance Statistics (GFS), the OECD Revenue Statistics and the ILO resolutions on the concepts of employment, hours worked and labour costs.

I'd like to take this opportunity to welcome the following organizations and individuals: from the Vanier Institute of the Family, Bob Glossop, executive director of programs; from Informetrica, Michael McCracken, chairman and chief executive officer; from the University of Ottawa, Mario Seccareccia, professor, department of economics; from Statistics Canada, Stewart Wells, assistant chief statistician, national accounts and analytical studies, and Patrick O'Hagan, assistant director, balance of payments division; Warren Mosler, director, ...[+++] economic analysis, III Finance; and Armine Yalnizyan, economist.