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Oceans
Ocean Economy
Ocean industries are defined as those industries that are based in Canada's maritime zones and coastal communities adjoining these zones, or are dependent on activities in these areas for their income. Consistent with the mandate of the Oceans Act, the study excludes inland water industries, such as shipping and fisheries in the Great Lakes, canals and river systems of Canada.
The ocean sector affects economic development in two ways; namely, growth within the sector itself and the impact that this growth has on growth in other sectors of the economy. The contribution of ocean industries from 1988-2000 has been measured by their value-added as a percentage of GDP in real terms, using for the most part Statistics Canada's sources. As much as possible, ocean industries have been defined using the NAICS codes. For industries where value-added data are not readily available, value-added has been estimated based on the relationship between the value of output and contribution to GDP in real terms.
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