Statistics Canada blows it big time!
According to an article buried in the business section of the Globe and Mail (“No Longer Tops in Recovery”, January 29, 2011, B4) it is now revealed that Statistics Canada has been using 2001 census data to calculate the size of Canada’s labour force and related employment/unemployment numbers to December 2010!!!
Just now is Statistics Canada beginning to use the 2006 census data! So, low and behold, the information used by Canada’s federal and provincial government, the media, financial advisors and investors was way off – as it was way off due to data that was 10 years old!!!
Even the new database Statistic Canada has just started using – the 2006 census – is already 4 years old and probably equally ‘unhelpful’ and misleading.
Governments, business and investors need accurate and current data for decision making.
Instead of the fuss over the Tory elimination of the long census form, maybe Statistics Canada should look after getting it core information correct and help the economy make rational, informed decisions.
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