Objective

This report, prepared by the International Institute for Sustainable Development (IISD) and lead authored by Midsummer Analytics principal, Rob Smith, was an update and expansion of the report written in 2016 on the efforts to measure comprehensive wealth in Canada. Comprehensive wealth compiles the value of all assets a nation has at its disposal, including; produced, financial, natural, human, and social capital, to provide an outlook on the prospects for future well-being of the country. In spite of the importance of comprehensive wealth outlined in this report, Canada has not implemented its use on a routine basis. This report built upon the 2016 report by:

• Extending the original timeframe to 2015, capturing more recent trends of significance around natural capital
• Adding the category of financial capital and all the associated assets and liabilities, filling a significant gap in the 2016 report's coverage of the comprehensive wealth portfolio
• Adding built-up land as an asset within the category of natural capital
• Adding inventories as an asset within the category of produced capital

Our Role

Our Principal and IISD Senior Associate, Rob Smith, was lead author on this report.