Close X
Wednesday, December 4, 2024
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

    B.C. Mountie Charged With Theft After Guns Taken From Evidence Locker

    B.C. Mountie Charged With Theft After Guns Taken From Evidence Locker
    RCMP says an internal audit and review of the Lillooet, B.C., detachment's evidence locker was done in February 2015.

    B.C. Mountie Charged With Theft After Guns Taken From Evidence Locker

    Mom Sees Police Video Of Son Accused Of Killing Romantic Rival As Teen

    Mom Sees Police Video Of Son Accused Of Killing Romantic Rival As Teen
    Her son was 16 in November 2008 when he allegedly shot a man while in high school over what's been described in court as a love triangle. His girlfriend, who was 17, is due to stand trial later this year for the same crime.

    Mom Sees Police Video Of Son Accused Of Killing Romantic Rival As Teen

    Was Orlando Shooter Omar Mateen Gay?

    Was Orlando Shooter Omar Mateen Gay?
    Gunman Omar Mateen 'was a regular at LGBT nightclub Pulse' and 'used gay dating apps', called 'Sick Person' by Ex-Wife

    Was Orlando Shooter Omar Mateen Gay?

    Imprisoned Saudi Blogger Is In Hospital Following A Two-day Hunger Strike: Wife

    Imprisoned Saudi Blogger Is In Hospital Following A Two-day Hunger Strike: Wife
    The wife of imprisoned Saudi blogger Raif Badawi says her husband has been tranferred to a hospital following a two-day hunger strike.

    Imprisoned Saudi Blogger Is In Hospital Following A Two-day Hunger Strike: Wife

    Canada Is 'Vulnerable' To Threats, Outgoing Commander Of Navy Warns

    Canada Is 'Vulnerable' To Threats, Outgoing Commander Of Navy Warns
    HALIFAX — The outgoing head of the navy says Canada is vulnerable and needs to work even more closely with the United States to improve the maritime security of North America.

    Canada Is 'Vulnerable' To Threats, Outgoing Commander Of Navy Warns

    Concrete Poured Into Ottawa Sinkhole That Swallowed 3 Lanes Of Pavement

    OTTAWA — Officials say they have poured concrete into a massive sinkhole that opened up in the middle of downtown Ottawa five days ago, but the street remains closed.

    Concrete Poured Into Ottawa Sinkhole That Swallowed 3 Lanes Of Pavement