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September 26, 2025CANADA GDP BY INDUSTRY, JULY 2025 Month-over-month (July vs June 2025)
Real Gross Domestic Product (GDP) in Canada grew 0.2% in July 2025, the first increase in four months led by growth in goods producing industries.
Real GDP in Canada's goods producing industries rose 0.6% from June to July 2025.
Real GDP in Canada's services-producing industries edged up 0.1% from June to July 2025.
In July 2025, 13 of Canada's key industry sub-sectors reported real GDP gains compared to the previous month. The largest real GDP gains were reported for mining/quarrying/oil/gas extraction (with broad based growth across all subsectors led by metal ore mining and continued strength in oil sands extraction) and manufacturing. Manufacturing gains were reported among both durable (led by transportation equipment) and non-durable goods (led by chemical manufacturing). Transportation and warehousing GDP was up on pipeline transportation, while wholesale trade activity was up on motor vehicle/parts wholesalers.
Monthly GDP declines were fastest for management of companies, arts/entertainment/recreation, and retail trade. Retail trade GDP declined on lower food/beverage stores.
Year-to-date (January-July 2025 vs January-July 2024)
The Canadian economy was 1.4% larger in January-July 2025 when compared to the same months in 2024.
Real GDP from goods producing industries grew 0.7% as growth in utilities, mining/oil/gas, agriculture/forestry/fishing and construction more than offset the decline in manufacturing.
Real GDP from services-producing industries was up 1.7% with gains in most industries. The strongest gains were in retail trade, finance/insurance, and arts/recreation. The steepest decline was in company management (though this is a small industry).
Source: Statistics Canada, Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
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