Saturday, May 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

    Letter From Surrey RCMP Urges Parents To Watch For Summer Drug Use By Students

    Letter From Surrey RCMP Urges Parents To Watch For Summer Drug Use By Students
    In a letter to parents regarding fentanyl, assistant commissioner Bill Fordy says on the RCMP's website that a safe summer depends on caregivers understanding the risks linked to illicit drugs.

    Letter From Surrey RCMP Urges Parents To Watch For Summer Drug Use By Students

    Newfoundlander Calls 911 To Tell Police There Isn't Enough Cheese On Her Pizza

    Newfoundlander Calls 911 To Tell Police There Isn't Enough Cheese On Her Pizza
    Const. Geoff Higdon said the Royal Newfoundland Constabulary took the call Friday from someone in the St. John's area.

    Newfoundlander Calls 911 To Tell Police There Isn't Enough Cheese On Her Pizza

    Man And Woman Arrested In Bait Car In Kelowna

    Man And Woman Arrested In Bait Car In Kelowna
    A man and a woman remain in police custody facing potential charges after they were arrested in possession of a Bait Car early Friday morning.

    Man And Woman Arrested In Bait Car In Kelowna

    Police Seek Help To Locate Missing Chilliwack Woman

    Police Seek Help To Locate Missing Chilliwack Woman
    Crystal has not been heard from since speaking by phone to a family member on June 2, 2016.

    Police Seek Help To Locate Missing Chilliwack Woman

    New Westminster Police Seize Drugs And Cash

    New Westminster Police Seize Drugs And Cash
    The NWPD Street Crime Unit commenced an investigation into this activity, during the course of which, evidence of drug trafficking was obtained and a significant quantity of illicit drugs were seized.

    New Westminster Police Seize Drugs And Cash

    Hungry, Powerful Black Bear Tears Apart Car In West Vancouver To Reach Food

    Hungry, Powerful Black Bear Tears Apart Car In West Vancouver To Reach Food
    The photos show the rear passenger door of the car ripped back, its frame bent, side airbags trashed and seats shredded.

    Hungry, Powerful Black Bear Tears Apart Car In West Vancouver To Reach Food

    PrevNext