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It accounts around 78% of the GDP (Gross Domestic Product). The largest employer amongst all the sectors is the retail sector of Canada, then health care and the education are the two largest service sectors of Canada and both are operated and fall under the concern of the Canadian government. Then are the business services that employee a little percentage of people. Business services include financial services, the communication industry and real estate services. Other than these there is a tourism industry focusing on increasing the tourism and tourists, entertainment industry which works for meeting both the domestic and foreign demands and the high tech industry. (Internation Monetary Fund (IMF), 2012)
Amongst all the sub sectors of the services sector, ‘educational services’ is selected for this paper. The educational sector of the Canada plays an important role in building the knowledge skills and capabilities of the Canadian labor.
According to the NAICS (61) educational services in the Canada comprises of the establishments that provide the Canadian economy with the training and instructions in the wide variety of the subjects. All the instructions and trainings to the seekers are provided by the specialized establishments that are the schools, colleges, universities and further training centers. These establishments can be privately owned that are either operated for profits or non profits or they might be public owned and operated establishments. These establishments along with the instructions and trainings offer food and the accommodation services to their students. Educational services to the students are provided by the teachers. Teachers, tell, explain, supervise, demonstrate and direct learning of their students. The instructions are communicated to the students through diverse settings that include the educational institutions, television, work place and home through the correspondence. Further, it could
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“Educational Services PEI ( Prince Edward Island) Essay”, n.d. https://studentshare.org/macro-microeconomics/1632751-educational-services-pei-prince-edward-island.
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