Key Industries

Canada has a booming economy with many job opportunities opening every day to local and foreign skilled and qualified workers. As a country rich in natural resources and with some of the most educated minds in the world, Canada excels in many different industries. This includes the service industry, manufacturing sector and natural resources trade.

Service Industry

This sector accounts for 75% of Canadian jobs and 78% of the country’s GDP. The sector includes the following sectors; transportation, economic, health care, construction, banking, communication, retail, tourism and government. As a vital part of the Canadian economy, the most popular sector is retail with some big franchise names including Walmart and Future Shop.

In recent years, the financial services, real estate and communications industries have grown exponentially, especially in the business hubs of Vancouver, Montreal and Toronto.

Known as “Hollywood North”, Canada has become a powerhouse of international and local films, with many American film studios choosing to move their sets here.

Manufacturing

Canada is a first-world country, with many resources available in emerging industries. The paper, aerospace, automobile, machinery, food and clothing industry is growing exponentially and is driven by a lucrative trade partnership between Canada and the USA.

Today, central Canada manufactures more cars in its booming automobile industry than the U.S automobile state of Michigan. With lower costs and highly educated individuals living in Canada, many international manufacturers have been drawn to the country.

Natural Resources

As the second largest country in the world, Canada is largely underpopulated and offers a vast source of natural resources. The sector is driven largely by forestry, fishing, agriculture, mining and energy sectors.

Canada is the world’s 8th largest exporter of agricultural products including grains, oil seeds and specialty crops. Government spending in support of research and development in this sector has increased in recent years.

The oil and gas markets in Canada are a lucrative business, with the world’s 3rd largest proven crude oil reserves and 18th largest proven natural gas reserves at their disposal. 35% of the world’s oil and gas companies reside in Alberta, Canada.

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