Article

As the world around us continues to evolve and change rapidly in the digital age, the importance of data and how they are used is critical.

Data science is a rapidly evolving field that can tap into the power of data and empower governments to serve citizens more effectively and efficiently. As the role of national statistical organizations continues to change and expand, these organizations must adapt and embrace new technologies and innovative thinking to support the information needs of society.

New technologies and innovative platforms are rapidly changing the way we interact with one another, how we buy products and how these goods and services are delivered to us. Digitization has been accompanied by the emergence of transformative business models, such as intermediary platforms, which connect buyers and sellers in an increasing number of markets. While peer-to-peer transactions have always existed, the scale and pace of their expansion are facilitated by the emergence of digital intermediary platforms.

Canada's merchandise exports increased 0.8% in August, while imports decreased 1.4%. As a result, Canada's merchandise trade balance with the world remained in a surplus position, widening from $736 million in July to $1.9 billion in August.