Highlights
- In 2020, the transportation and warehousing sector’s gross domestic product declined much more (-20.4%) than all other industries in Canada (-5.2%) due to a significant reduction in passenger services during the pandemic
- In 2020, Canadian households spent $164.7 billion on transportation (including insurance). This is the second largest expense, second only to shelter
- In 2020, international merchandise trade was $1.07 trillion, a 10.9% decrease from 2019