Canada Economy

By Anonymous -

Economic Background

Most jobs in Canada are service based jobs. The largest portion of the country's GDP is through service jobs in metropolitan areas. Service jobs include education and health care, data processing and legal services, and the operation of recreational facilities. Finance and real estate are also top service jobs. Montreal and Toronto are the leading financial centers in the country. Other top industries in Canada include manufacturing, mining, agriculture, forestry, fishing, energy sources, and international trade.


Coronavirus Impact on economy

More than 1 million Canadians lost their jobs in March. Most job losses were in the private sector. The largest job losses were in the food and hotel industries. manufacturing lost over 47,000 jobs and the service industry lost over 900,000.


Citations

Martin, Paul W. "Canada." World Book Student, World Book, 2020,
www.worldbookonline.com/student/article?id=ar090380. Accessed 4 Nov. 2020.

"Canadian jobless rate up in March due to COVID-19 impact." Xinhua News Agency, 9 Apr. 2020, p. NA. Gale OneFile: High School Edition, https://link.gale.com/apps/doc/A619845193/STOM?u=tel_s_tsla&sid=STOM&xid=582ff10d. Accessed 4 Nov. 2020.

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