Final answer:
The claim that small businesses contribute more than one-third of BC's GDP is false, as manufacturing, industry, and especially the service sector are the major contributors to Canada's economy.
Step-by-step explanation:
The statement that small business contributes more than a third of BC's Gross Domestic Product (GDP) is false. While small businesses are a crucial part of the economy, there is no information indicating that they contribute more than a third to BC's GDP. Major economic sectors such as manufacturing, industry, and the service sector contribute significantly to Canada's economy. The service sector alone employs about three-quarters of all Canadians and generates over 60 percent of the GDP. Manufacturing and industry account for almost one-third of the GDP and provide jobs to almost one-fifth of the total workforce.