quebec gdp by industry
This statistic shows the gross domestic product (GDP) of Quebec from 2000 to 2019. Reporting by Allison Lampert in Quebec City Various international organisations have established their headquarters in Quebec, notably the International Air Transport Association and the Inte… Content Marketing & Information Design for your projects:
eCommerceDB.com The largest contributions to the increase came from machinery, fabricated metal products and food manufacturing.
In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. Goods-producing industries (+3.2%) outpaced service-producing industries (+2.4%) for the second year in a row. Are you interested in testing our corporate solutions? Non-residential building construction expanded 13.2% following three years of consecutive declines as work picked up on office buildings and health care facilities. GDP data is used to measure the economic importance of the finance and insurance industry in Québec, Canada and the other provinces. Non-residential construction rose 52.9% partly due to the building of Nunavut Arctic College, the naval re-fueling station at Nanisivik and a few new schools.Iron ore mining (+29.8%) was the main contributor to the expansion of the mining, quarrying and oil and gas extraction sector. Quebec is the second richest province in the country with a GDP of CAD 380.972 billion translating to 20.36% of the national GDP. This it claims would allow for a coronavirus vaccine to “be produced here in Quebec as soon as it is ready, with the sole objective of making it quickly accessible to the Quebec population.”At a time when the COVID-19 pandemic is threatening millions of lives around the world, demonstrating the need for a science-based, internationally-coordinated response, Quebec Solidaire is trumpeting its nationalist egoism and parochialism.Its reactionary utopia of “buying locally” and “developing a Quebec vaccine” exclusively for Quebeckers is part of pronounced shift by ruling elites in Canada, the United States and the world over towards national protectionism, intensified strategic competition, and virulent chauvinism.This includes all sections of the political establishment—from Trump and the ultra-right to pseudo-left parties such as Quebec Solidaire and the German Left Party, as well as the traditional parties of government, liberal, conservative, and social-democratic.These forces are exploiting the health and socio-economic catastrophe triggered by the COVID-19 pandemic to promote protectionism, including local production of “strategic resources,” and the strengthening of the state—based on the spurious claim that dependence on the import of N95 masks and other medical supplies has been a major factor in the pandemic’s deadly impact.In reality, the current catastrophe is the product of decades of capitalist austerity that gutted the public health system, including stockpiles of medical supplies, and the criminal inaction of ruling elites before the spread of COVID-19.
(billed annually) Publications. Oil and gas engineering construction declined for the fourth straight year with the completion of the Hebron oil field in 2017. In addition, engineering construction declined 0.9% as work wrapped up on major transportation projects in Toronto and Ottawa. Output from petroleum refineries fell 22.6%, due to a major maintenance project at the province's largest refinery.
The opening of a number of new gas plants in recent years has contributed to a 42.9% increase in natural gas production since 2015. There are some 260 companies of the aerospace sector that employ 40,000 people. 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. Transportation and warehousing rose 7.0% as truck transportation and support activities for transportation benefited from higher output in construction and wholesaling. Agriculture remained undeveloped, as there was no market in France for Quebec’s products. Please see our In the service-producing industries, the public sector increased 2.8% and was one of the major sectors contributing to the total economic growth. The completion of the Maritime Link Project and the new gold mine in 2017 were important factors in the decline of the construction sector and more than offset a 9.7% gain in residential construction.The public sector grew 1.6%, accounting for almost 25% of the total economic growth with increases in educational services, health care and social services, and federal government public administration.
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