1. Joint UNECE/EUROSTAT/OECD Meeting on National Accounts
Business Register and Globalization
Statistics Canada

2. The Business Register as a Basis for Dealing with Measurement Issues Related to Globalization
Increasing complexity of production processes
Free trade zones – agreements
FDI: shift from horizontal to vertical integration
Partitioning of production
International contractual arrangements of production – to capture gains from trade

3. Challenge Keeping track of increasingly complex economic processes
While
Keeping coherence between production accounts (establishment-based) and income/capital/financial accounts (enterprise-based)

4. Current BR in Canada 4 structures
LE, Operating, CE, Statistical
LE only relate to domestic legal context
Updates not synchronized
Other databases on ownership/control are not linked to BR

5. New BR in Canada Inserting other databases - BOP registry
Full legal structure
External children of parent companies
Ultimate country of control
Ownership links with parents or other companies abroad
Include ownership/control relationship >10%
Build around LE and operating structure

6. New BR in Canada
Continue to use business accounting to define enterprises, establishments and ancillary units
Investment Center: Enterprise
Profit centre: Establishment
Cost centre: Establishment - Ancillary units

7. Expected Benefits Better classification of units (location)
Will help regional accounts
Facilitate enterprise-establishments allocation
Better coverage of ancillary units
BOP/Enterprise surveys: Better coverage because more information on ownership/control for all legal entities
Help monitor foreign direct investment
Inward and outward
Will help strengthen trade in services data

8. Worth mentioning EPM – Enterprise Portfolio Program
Operating surplus statistics
BR & Administrative data: Powerful tool
Geography
Labour income
Coherence