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Several of Canada's largest companies are based in natural resource industries, such as Encana, Cameco, Goldcorp, and Barrick Gold. The vast majority of these products are exported, mainly to the United States.
Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada. CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data.
The Four Biggest Industries in Canada. The industry is vital in shaping Canadian life, significantly contributing to the nation's economy and overall well-being. Various sectors have flourished, from natural resource extraction to manufacturing and technology, providing ample employment opportunities and improving Canadians' living standards.
Industrialization is a process of economic and social change. It is one that shifts the centres of economic activity onto the focus of work, wages and incomes. These changes took two forms in Canada, beginning in the 19th century.
Profiles on information and communications technologies, fuel cells, nanotechnology, ocean technology and more. Get statistics, market intelligence and business resources for your industry sector.
Understand Canada's key industries, main trading partners, and key stats such as GDP and GDP per capita.
Canada’s gross domestic product (GDP) dropped from just over $1,986 billion in 2019 to a little over $1,884 billion in 2020. In 2021, we saw an increase in GDP to just over $1,977 billion, which is still lower than the level recorded in 2019.
Despite these difficulties, Canada remains a relatively prosperous and open economy. Notwithstanding the global turndown in commodities, Canada's strength remains primary industries, as secondary manufacturing as a proportion of GDP has shrunk since the 1970s.
Canada's 3 major industries are the service industry, manufacturing, and natural resource sectors. Learn more here about Canada's economic structure.
This article provides an integrated analysis of recent changes in output, consumer spending, business investment, international trade and employment. It also draws on new data sources that provide detailed information on the financial conditions facing businesses and households.