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IMMIGRATION CONSULTANTS & ASSOCIATES (CANADA)

Key Industries

The Canadian economy is in large part driven by the service industry, which includes sectors such as finance, insurance, real estate, and professional services.

– Finance and insurance: this sector is the largest contributor to Canada’s GDP. It employs about one-fifth of all Canadians and contributes about 27% of the GDP.

– Real estate services: this sector includes residential and commercial property sales and leasing as well as mortgage lending. This sector employs about one-fourth of all Canadians and contributes about 12% of the GDP.

-Professional services: this sector includes legal services, accounting services, architectural design, engineering design, computer systems design consulting (IT), management consulting (HR), advertising agencies, and public relations firms; it also includes research and development activities in industrial enterprises. It employs about one-third of all Canadians and contributes about 10% to GDP.

The Canadian economy has traditionally been dominated by natural resources and primary sectors like mining and forestry, but it has become increasingly diversified in recent decades with growth from manufacturing and service industries. Canada is the world’s 10th largest economy, and it is the second largest country in terms of land area with a GDP of $1.7 trillion, ranking 4th among G7 countries.

The Other key industries in Canada are:

— Transportation equipment

— Agriculture, food, and beverage processing

— Oil and gas extraction

— Energy and mining

— Tourism, retail, and services

— Manufacturing,

— Natural Resources

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