Underground Economy

Early in 2015 a CRA Newswire announced that on April 29, 2015 Statistics Canada released the new underground economy estimates for Canada for the period from 1992 to 2012. Some figures included:
- from 2007 to 2012 underground economy activity increased 14% compared to a 17% increase in GDP; and,
- four sectors accounted for 66% of the total estimated underground activities - residential construction (28%); finance, insurance, real estate, rental, leasing and holding companies (14%); retail trad