Telecommunications Service In Canada: An Industry Overview

Section 1: Contribution to Overall Economy

1.4 Capital Investment

In 2004, capital expenditures for the communications service industries were $7.1 billion, in current dollars, an increase of 13 percent compared to the previous year, while capital expenditures for the total economy increased 8.5 percent. This combination increased communications services' share of the economy's capital investment from 2.8 percent in 2003 to 2.9 percent in 2004. In 2005, communications service capital expenditures are expected to increase to $7.5 billion, an increase of 5.4 percent over 2004 (Figure 1-5).

Figure 1-5