Service Industries: Business Community and Team Effort

service industries: In a news release, the Greater Charlottetown Area Chamber of Commerce described the economic growth as a team effort, according to CBC. The Greater Charlottetown Area Chamber of Commerce is encouraged by the Island's recent economic growth, says Pam Williams. The economy grew 2.4 per cent in 2016, compared to a national rate of 1.3 per cent. Laura Meader/CBC This growth is a testament to the astute business leaders and entrepreneurs in the province, the positive effects of immigration, and the alignment of efforts by the business community and governments at all levels, said president Pam Williams. About three quarters of the value of the economy is from service industries, a proportion that has fluctuated but remained largely unchanged over the last decade. The provincial GDP, worth 4.8 billion in 2016, remains largely service based. (www.immigrantscanada.com). As reported in the news.