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The Economic Impact Of The New Telecommunications Legislation
Beginning of essay
Canada has been transformed in recent years into an information based
society. Nearly half of the labour force in Canada works in occupations
involving the collection and processing of information. In a society in which
information has become a commodity, communications provide a vital link that c ....
Middle of essay
....$17.8 billion in 1979 to
$40.3 billion in 1990. In the same year, Canadian telecommunications companies
reported more than $15 billion in revenues, accounting for an estimated 2.7
percent of the Gross Domestic Product (GDP). In addition, in 1990 the telecom
industry achieved a real growth rate (after inflation) of 8.6 percent compared
to 0.3 percent for the Canadian economy as a whole. Telecommunications is also
Canada's leading high-technology industry; its Research and Development costs of
$1..... |
| Number of words: 1355 |
Approximate pages: 5 |
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