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Canada : Quick facts
˜ ttawa
˜ 

Canadian dollar (CAD)
˜ x ÷nglish and French
˜ Ô  : Roman Catholic and Protestant
˜ | 
  square miles ( 10 
 square
kilometers)
˜ ë  1 1 

˜ x 

  agriculture 
manufacturing 1 construction 5 services 5
other 
 ÷conomy f Canada
[rë:
GDP Growth:5. (00
010)
GDP by Sector: Agriculture (.1)
Industry(.)
Services J

[· : 1. (010 est.)

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: .1(Jun 010)

[

: Canadian Dollar(CAD)

[
 
 : NAFTA ÷CD T etc

Canadian service industry: Facts
˜Canada has 10th largest economy in the world.

˜The Canadian economy is dominated by the service industry.

˜Service sectors represent close to 0 percent of Gross Domestic

Product (GDP) and 5 percent of employment in Canada. Fifteen
out of twenty aggregate economic sectors are services.

˜The service sector in Canada is vast and multifaceted

employing some three quarters of Canadians and accounting for
over two thirds of GDP.
Canada ² Service Industry
 
 
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 holesale & Retail Trade
˜ Largest employer providing over 15 of all the jobs and generating 1 of the
province·s total GDP.
˜ In 00 the holesale Trade sector generated $
. billion in profits down from
$0.0 billion in 1


.
˜  types of holesalers: wholesale merchants and wholesale agents and brokers.
˜ GDP in the Retail Trade sector increased from $
. billion in 1


to $. billion
in 00
˜ Retail sector comprises two main types of retailers: Store Retailers and Nonstore
retailers
˜ The entry of al
art into the Canadian marketplace in 1

 had a profound
effect on retailers of all sizes
˜ GDP Contribution: holesale5 Retail
˜ Share of ÷mployment: holesale:  Retail: 1
 Transportation &
warehousing
˜ GDP in the Transportation and arehousing sector increased from from
$. billion in 1


to $5. billion in 00.
˜ In 00 there were 1 000 people working in this industry.
ost were
involved in transporting either freight or passengers.
˜ The modes of transportation are road (trucking transit and ground
passenger) rail water air
˜ Vancouver is still a busy rail terminus handling freight arriving at the port
city for transport to or from overseas as well as domestic destinations.
˜ Vancouver International Airport is now a major point of entry for flights
from the Pacific Rim. It is the secondbusiest airport in the country.
˜ Vancouver·s port has been in operation for nearly 150 years It has the
highest cargo volume on the west coast of North America and is the fourth
largest port in North America in terms of tonnage handled.
 Information Culture &
Recreation
˜ GDP in the Information and Cultural Industries sector
increased from from $1. billion in 1


to $5.1
billion in 00.
˜ The main components of this sector are the publishing
industries the motion picture and sound recording
industries the broadcasting industries the
telecommunications and related services industries
˜ ÷mployment growth has been strongest in motion
picture & sound recording
˜ Amusement and gambling services is the biggest
employer in the industry
 ÷ducational Services
˜ GDP in the ÷ducational Services sector increased from from $50. billion in
1


to $0.5 billion in 00.
˜ The four largest publicly funded universities are UBC the University of
Victoria (1
) Simon Fraser University (1
5) and the University of
Northern BC which officially opened in 1

.
˜
igration continues to boost the demand for education services in Canada
˜ Parttime employment in the industry has doubled since 1

0
˜ ages in this industry are relatively high
˜ ÷mployment drops during the summer but is relatively stable during the rest
of the year
Tourism Industry
˜ Tourism is an important economic driver in every region of Canada
˜ There are ver 1
000 tourism businesses and 
00 directly
employed people in Canada
˜ Total tourism spending of $. billion in 00 up 1.
 from 00
˜ Total tourism spending in Canada has been climbing and is driven by
domestic tourism growth
˜ Tourism activity accounted for  ($0. billion) of Canada·s GDP in 00
˜ Generated $0. billion in government revenues in 00 an increase of
5. from 00
˜ In 00 / 00 the Government of Canada invested $50 million in
projects programs and activities that benefit the tourism sector .
˜ GLBAL C
P÷TITINCanada ranks 1th in the world in international
tourism
 †ealthcare &
Social Assistance
˜ The health care system is now publicly funded and available to all residents of the
Canada.
˜ Per capita spending on health care services and products was $5 1 in 00
˜ ith an ageing population it·s likely that the demand for these services will
increase even more in the future.
˜ Since 1

0 The industry·s share of employment has remained stable at about 11
but its share of total GDP has fallen to just under 
˜ Technological advances are making it possible to deliver some services more
efficiently
˜ Second largest employer in 00 with 5 00 people working in this industry in
00. Thirtyseven percent are employed by hospitals.
˜
ost workers in the health care & social assistance industry are women. They make
up 1 of the workforce
˜ The industry·s share of total GDP is forecast to increase only marginally to just over
 by 01
  !·
 !Ô  
x & ·Ô'
˜ FIR÷ employs just  of Canada·s workforce it generates nearly a quarter
() of the total GDP.
˜ All types of banks and banking institutions from the Bank of Canada and
the big chartered banks to local credit unions are part of the finance &
insurance component of this industry. Consumer loan mortgage and credit
card companies investment companies stock and commodity exchanges
and brokerages are also included as are pension funds trusts and similar
financial vehicles. The group also includes insurance underwriters agents
and brokers.
˜ ne in three workers in FIR÷ is employed in banking & financial services.
˜ Despite losses in late 00 the Toronto Stock Price Index is still higher than
it was in 00!after the economic downturn at the beginning of the decade.
Public Administration &
Defense
˜ Public administration & defense includes establishments that are involved in
legislative activities taxation national defense public order and safety
immigration services foreign affairs and international assistance.
˜  levels of Govt: Local Provincial Federal
˜ ÷mployment in public administration & defense increased just 15 between 1

0
and 00
˜ ÷mployment in public administration has not kept pace with population growth . In
00 a little more than  of the workforce was employed in this industry
˜ ver the same period the industry·s share of total GDP has fallen from  to just
over 5.
Conclusion
˜ Canadian service sector has been a relative success story in
terms of productivity growth. It has a better standing than the
US only because of its service sector.
˜ Both labor and multifactor productivity showed an impressive
acceleration in growth between the 1
11

5 and 1

5
000 periods. Retail trade and business services were the
largest contributors to this acceleration in labor productivity
growth. Quality labor / human capital is thus a driving force
for the service sector growth.
Thank You«