April 1, 2019
Service sector
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April 1, 2019
Turbulent Times for Trade
Governor Poloz talks about slowing international trade and how Canada’s rapidly growing services industries can help drive exports and growth. -
January 31, 2019
A Look Under the Hood of Canada’s Job Market
Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected. -
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Blockchain Revolution Without the Blockchain
The technology behind blockchain has attracted a lot of attention. However, this technology is for the most part not well understood. There is no consensus on what benefits it may bring or on how it may fail. -
Digital Transformation in the Service Sector: Insights from Consultations with Firms in Wholesale, Retail and Logistics
Firms increasingly rely on digital technologies such as e-commerce, cloud computing, big data, digital tracking and digital platforms that are reshaping business operations, business models and market structures. In this context, the Bank of Canada consulted with firms in wholesale, retail and logistics, as well as with related industry associations to yield insights on the adoption of digital technologies. -
November 28, 2016
From Hewers of Wood to Hewers of Code: Canada’s Expanding Service Economy
Governor Stephen S. Poloz discusses how growth in Canada’s service sector is leading to high-paying jobs and helping complete the economic recovery. -
The Digital Economy—Insight from a Special Survey with IT Service Exporters
Information technology (IT) is an increasingly integral part of everyday business and personal life reflecting the ongoing and accelerating digital transformation of the economy. In this paper, we present information gathered from a survey with export-oriented firms in the Canadian IT service industry and consultations with industry associations aimed at shedding light on this small but highly dynamic sector.
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