July 26, 2017

Western Canadian Impact Models

Northern Impaq has two models of Western Canada.

The Saskatchewan Impaq Model (SIM) has been developed in a sequence of projects spanning the years since 1980. It is a 104 equation macroeconometric simulation model of the economy of Saskatchewan. It has been used by the Blakney, Devine, Romanow, and Calvert governments. It can be used both to forecast the future of the provincial economy and to measure the impact of an investment project or other socioeconomic development.

The Alberta Impaq Model (ALTAIM) is a 79 equation macroeconometric simulation model of the economy of Alberta. It, too, can be used both to forecast the future of the provincial economy and to measure the impact of an investment project or other socioeconomic development.

In addition to the above two models, Northern Impaq makes regular use of a variety of Canada-wide models such as Statistics Canada’s Provincial/Territorial Input-output Model.

In addition to SIM, ALTAIM, and the Canada-wide models, Northern Impaq regularly uses its data banks and expertise to develop special-purpose models to analyze specific questions. For example, the housing forecasting project done in 2007 (see the “List of Projects” page) involved building a custom model to answer questions about the future of the Saskatchewan housing market.

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