Assessment and Non-Compliance
OMX will assess data provided by industry, by the client and by government, with preference for data obtained directly from industry. Within each report, OMX will clearly identify the percentage of data from each source. In the event that the percentage of data obtained directly from industry is lower than desired, OMX may use known industry data to surmise a theoretical incremental increase/decrease in lieu of unknown industry data.
Although compliance from industry is preferred, there are a variety of reasons for non-compliance, including tight deadlines and confidentiality concerns. OMX will endeavor to explain to suppliers that any individual datapoints collected are shared only between OMX, the client and the supplier. All data is aggregated and anonymized before being shared with government or other stakeholders.
Economic Impact Calculation
Working with economic impact data sourced from Industry Canada, PWGSC and Statistics Canada, OMX analyzes supplier contract data and calculates the estimated impact of client activity on the Canadian economy in output dollars and jobs. OMX economic impact calculations are performed and published in aggregate.
OMX uses Statistics Canada's
2010 National Input-Output Multipliers, released in February 2014, to derive its economic impact calculations.