The Canadian Album Chart, also known as Billboard Canadian Albums, is the official record chart ranking the 100 most popular music albums and extended plays in Canada. It is compiled weekly (every Monday) by U.S.-based music sales tracking company Luminate, and published every Tuesday by American music and entertainment magazine Billboard. The albums are compared across all genres, ranked by album sales, audio on-demand streaming activity and digital sales of tracks from albums.[1]
Prior to October 27, 2015, the Canadian albums charts were determined only by pure album sales compiled by Nielsen SoundScan, and published by Jam! Canoe, issued every Sunday. The move to the newly named Canadian Albums chart, now published by Billboard, also included a new formula. This new chart for the first time included on-demand streaming activity and digital track sales, along with the pure album sales which were solely counted previously. It also included Track Equivalent Albums (TEA), which equate ten digital track sales from one album to one equivalent album sale, as well as Stream Equivalent Albums (SEA), which equate 1,500 song streams from an album to one equivalent album sale.