Canada's International Transactions in Services

Industry of international transactions of economy, category

Industry of international transactions refers to the group of economic producing units, primarily engaged in a specific activity, that are involved in international transactions.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following classifications and/or lists:

• North American Industrial Classification System (NAICS), Aggregate Variant with Manufacturing, Other Goods Producing Industries, Trade and Transportation, Information, Culture and Arts
• North American Industry Classification System (NAICS) Canada 2022 Version 1.0
• Status of potentially information and communication technology (ICT) - enabled services
• Variant of NAICS 2022 Version 1.0 - Information and communication technology (ICT) sector