Why some economists worry Canada has a data-quality problem (opens original article in a new tab)

Economists warn Canada faces a data-quality crisis as Statistics Canada's GDP revisions have increased, affecting economic forecasts and policy decisions.

• Statistics Canada's GDP data revisions have increased post-pandemic, leading to concerns about data quality.
• Economists at Desjardins warn of a 'data quality crisis' affecting economic forecasts and policy decisions.
• Statscan faces challenges including survey response rates, immigration policy changes, and U.S. trade data disruptions.
• The agency is under pressure to cut costs and reduce staff while maintaining data accuracy.