Canadian telecom sector contributed $87.3B to country’s GDP in 2024: PwC report

By Ahmad Hathout

Canada’s telecommunications sector contributed $87.3 billion in direct GDP and supported 661,000 jobs across industries in 2024, according to a new PricewaterhouseCoopers report (PwC) released Tuesday morning. The report, Enabling Canada’s Economic Independence and Global Competitiveness Through Telecommunications, was commissioned by the Canadian Telecommunications Association (CTA), which represents carriers, equipment manufacturers and other companies that build, maintain and operate telecom networks in Canada, including Bell, Rogers, Videotron, SaskTel, Eastlink, Tbaytel, Xplore, Ericsson Canada and Nokia Canada. The $87.3 billion in GDP contributed by Canada’s telecom sector includes $30.1 billion in immediate direct GDP generated by the sector itself and $57.2 billion...