While Canada has a much smaller security industry than its giant neighbor to the south (U.S.), it is highly focused. The well-educated and skilled labor force underpins strong R&D and innovation.
While Canada has a much smaller security industry than its giant neighbor to the south (U.S.), it is highly focused. The well-educated and skilled labor force underpins strong R&D and innovation.
The security industry in Canada has estimated annual revenue of US$2 billion, with 70 percent coming from protection services and 30 percent from hardware. According to Industry Canada and Statistics Canada, the electronic security industry posted average annual growth of 10 percent, expanding from $690 million in 1996 to $1.8 billion in 2006. It is estimated that 24,000 people are employed in the Canadian commercial security equipment industry, which is highly export-oriented. The U.S. receives ...