Tariff

assumed greater importance: shipbuilding, fashioning iron and steel products, and then manufacturing automobiles became important industries. Recently, service industries have grown more rapidly than goods-producing industries. Indeed, the growth in employment in Canada in the last several years has largely been the result of increases in jobs in the service sector, including construction, utilities, telecommunications, transport, trade and business, and household services. While primary products are still of vital importance to Canada (with oil and gas becoming prominent recently) the Canadian economy (and its exports) is now much more diversified than before. Canadian economic growth still relies heavily on foreign investment, although Canadian investment abroad has grown significantly and has generally surpassed direct investment inflows since 1995. The global changes have also resulted in a much greater global integration of services, especially in relation to communication, transportation, and other business services.
Canadian tax policy has similarly evolved. The national policy developed by the government led by John A. Macdonald in 1867 used tariffs