www mait com country intelligence 1 canadian ict industry canada plays an important role in the new global knowledge based economy it is recognized world over for its innovative capabilities and advanced technologies companies are considered leaders industries from fibre optics to aerospace these engine driving economic growth job creation also offers many compelling competitive advantages potential foreign investors including a highly skilled work force low production research & development costs high standard of living s proximity united states marketplace makes prime location more wishing access american markets establish themselves information communications contributed 58 8 billion gdp 1997 2002 representing 6 0 output up 4 despite slight decline 2001 weak 2 average annual this sector has been 12 since compared 3 7 wide fast means that accounted 16
