MACROSCOPE No.39: Silver lining in the gradual erosion of TSX’s “Big Three” sectors
Back in 1930, Canadian economist Harold Innis used the Biblical phrase “hewers of wood and drawers of water” to describe the Canadian economy’s traditional economic dependence on resource production. That skewed impression of the Canadian economy lingers to this day, despite the services sector employing more than 80% of working Canadians, while less than 20% are employed in goods production. Click here to read the rest of Macroscope 39.
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