Close X
Monday, February 17, 2025
ADVT 
National

Statistics Canada Says Underground Economy Totalled $45.6 Billion In 2013

Darpan News Desk The Canadian Press, 20 Jun, 2016 12:31 PM
    OTTAWA — Statistics Canada says the underground economy totalled $45.6 billion in Canada in 2013, or about 2.4 per cent of gross domestic product.
     
    The federal agency says more than half of the total can be attributed to three industries.
     
    The largest, residential construction, accounted four 27.8 per cent, while retail trade accounted for 12.5 per cent and accommodation and food services 11.7 per cent.
     
    Overall, underground activities related to household spending amounted to $2,156 per household in 2013.
     
    Statistics Canada added that the underground economy as a proportion of GDP was relatively stable in every province and territory in 2013.
     
    The agency defined the underground economy as market-based economic activities, whether legal or illegal, that escaped measurement because of their hidden, illegal or informal nature. It excluded some illegal activities, such as those related to illegal drugs and prostitution.

    MORE National ARTICLES

    Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers

    Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers
    OTTAWA — Between them, the three Syrian men gathered in an atrium at Ottawa's city hall on Thursday have 16 children. What none of them have is a job.

    Finding A Job Not Just A Matter Of Money For Syrian Refugee Newcomers

    OPP Union Officials Face Criminal Charges Following Investigation: RCMP

    OPP Union Officials Face Criminal Charges Following Investigation: RCMP
    TORONTO — The RCMP say criminal charges have been laid against five people following an investigation into allegations of fraud by top leaders of the union that represents Ontario Provincial Police.

    OPP Union Officials Face Criminal Charges Following Investigation: RCMP

    Singer Meat Loaf Collapses On Stage During Concert In Edmonton

    Singer Meat Loaf Collapses On Stage During Concert In Edmonton
    EDMONTON — A publicist for Meat Loaf say the singer's vital signs are "stable and normal" after he collapsed near the end of a performance in Edmonton.

    Singer Meat Loaf Collapses On Stage During Concert In Edmonton

    Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain

    Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain
    VANCOUVER — A British Columbia First Nation has launched a court challenge to overturn the National Energy Board's recommendation that the federal cabinet approve the Trans Mountain pipeline expansion.

    Squamish Nation Files Court Case To Overturn NEB Approval Of Trans Mountain

    'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown

    'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown
    The public broadcaster will carry the Hip's hometown show in Kingston, Ont., live on its television, radio and online platforms on Aug. 20 starting at 8:30 p.m. ET.

    'A National Celebration': CBC To Air Finale Of Tragically Hip's Tour In Hometown

    Morneau Briefing Book Raises Red Flags On Public Pension Investment

    Morneau Briefing Book Raises Red Flags On Public Pension Investment
    The document, obtained by The Canadian Press, said that between 1991 and 2013, private-sector pension coverage fell from 31 per cent to 24 per cent.

    Morneau Briefing Book Raises Red Flags On Public Pension Investment