Market Information Papers
Over the past decade, services – including manufacturing and agriculture, have been the fastest growing sector of the economy. Services such as telecommunications, financial and transport services provide the infrastructure and specialized inputs for all economic activities, as well as the health, education and cultural supports for quality of life. This report describes the dynamic service environment in Canada which includes a wide and complex variety of transactions that are generally intangible in nature. In Canada, the service sector is an important contributor to the economy. According to Industry Canada, in 2005, services accounted for 68% of GDP, and employed 75% of Canada’s work force.