quebec gdp by industry

quebec gdp by industry

But across Canada, the country’s economic resilience could be tested this year by the coronavirus outbreak, with the Bank of Canada slashing the overnight rate earlier this month to help tackle the effects of the virus, also known as COVID-19. Between January 2017 and December 2018, the volume of crude oil exported by railcar increased substantially. Retail trade was up 1.7%, the smallest increase in three years.Manufacturing output was up 2.5% as 13 of 19 major manufacturing subsectors rose.

Capacity constraints limited pipeline transportation to a 2.9% increase. This is the program for which the Socialist Equality Party is fighting in Canada, in close collaboration with our sister parties in the International Committee of the Fourth International.

The first period started with the arrival of the French and lasted until the Treaty of Utrecht in 1713. Mining, quarrying and oil and gas extraction declined 27.0%. Finance and insurance edged up 0.1% as declines in financial investment services and insurance carriers partially offset an increase in depository credit intermediation and monetary authorities. As with many other regions in North America, Quebec’s industrial economy experienced significant structural changes in the last half of the 20th century and at the beginning of the 21st. (billed annually) It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Smartphones - Statistics & Facts Metal ore mining fell 37.5% as the only operational metal mine in Yukon (Minto mine) was placed in care and maintenance status. Coal output fell 23.9%.Manufacturing output was up 2.3% with 11 of 19 subsectors showing increases. Retail trade edged up 0.2%, the most significant slowdown since 2014, due largely to a 7.4% decrease in motor vehicle and parts dealers.Among service-producing industries, the public sector grew 2.2%, the largest increase since 2009, mainly due to higher output from health care and social assistance and public administration. Oil and gas engineering construction edged down 0.3% and has fallen by more than 50% since 2014.Transportation and warehousing expanded 5.0% due to higher output from air, rail and truck transportation and warehousing and storage. Annual real gross domestic product by industry — P.E.I.

Finance and insurance services rose 2.3% on strength in both financial services and in insurance carriers and related services.

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quebec gdp by industry