Wireless Industry Contributes $41.2 Billion to the Canadian Economy

A new report by Ovum Consulting reveals that Canada's wireless industry contributed $41.2 billion to the Canadian economy in 2009.

Commissioned by the Canadian Wireless Telecommunications Association (CWTA), the study determined the wireless sector contributed more than $17.2 billion in terms of direct contribution to the GDP through the sale of goods and services; an additional $14.98 billion due to the economic flow through to contributing suppliers in the supply chain; and more than $9 billion in consumer surplus - the additional benefit or satisfaction that consumers receive from wireless services, above and beyond what they pay for the services.