Cable / Telecom News

Canadian ICT growth slows in first quarter, says Industry Canada

OTTAWA – Industry Canada reports the ICT sector in the first quarter reported its sixth consecutive quarterly increase with a growth of 0.5%, but the rate of growth has slowed compared to the five previous quarters. In comparison real GDP for all Canadian industries grew by 1.1%. While the ICT sector (information, communications, technology) continues to trend upwards following the mid-2009 recession, with a cumulative growth of 5.8% since the third quarter of 2009, weak export numbers have stalled job growth reports Industry Canada.Communications equipment industry real GDP experienced a slight decrease compared to a significant increase in the previous...