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Data for Government Finance Statistics (GFS), a system which presents fiscal statistics using the international standard GFS developed by the International Monetary Fund, are now available on CANSIM for the second and third quarter of 2012. This standard allows consistent aggregation and analysis across countries.
Quarterly GFS data are available for overall government in Canada and for four sectors: federal government; provincial/territorial governments; local governments; and Canada and Quebec Pension Plans.
Revised Government Finance Statistics (GFS) data are also now available for the first quarter of 2012. With this release, revised data from the first quarter of 1991 to the fourth quarter of 2011 are also available. For more information, see the System of National Accounts Historical Revision in The Daily of October 1, 2012.
Currently GFS data are being derived by mapping Canada's System of National Accounts data to GFS concepts and conventions. Beginning in 2014, the GFS data will be derived directly from government financial information.
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