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October 31, 2025CANADA GDP BY INDUSTRY, AUGUST 2025 Month-over-month (August vs July 2025)
Real Gross Domestic Product (GDP) in Canada fell by 0.3% in August 2025, with declines in both goods and services producing industries.
Real GDP in Canada's goods producing industries declined 0.6% from July to August 2025.
Real GDP in Canada's services-producing industries declined 0.1% from July to August 2025.
In August 2025, twelve of Canada's key industry sub-sectors reported real GDP declines compared to the previous month.
Among goods-producing industries, there were declines in all subsectors except agriculture, forestry and fishing. Utilities reported a notable contraction as worsening drought conditions affected hydroelectric power generation. Mining, oil and gas extraction declined due to declines in support activities (lower rigging and drilling activity) and mining and quarrying (due to declines in metal ore and coal mining). Manufacturing reported declines across both durable and non-durable manufacturing industries, led by machinery manufacturing and fabricated metal manufacturing, as well as food, and beverage and tobacco manufacturing sectors. Construction activity was also down for the month.
Service-producing industries reported a real GDP decline of 0.1% compared to July. The largest decline was among company management, followed by transportation and warehousing and wholesale trade. Transportation and warehousing was impacted by the flight attendant strike, as well as lower pipeline transportation of natural gas to US and domestic customers. Wholesale trade declines were most acute for motor vehicle and parts wholesalers (coinciding with lower cross-border trade) and food, beverage and tobacco wholesalers (alongside lower manufacturing activity). The largest increase compared to July was reported for retail trade, with eight of twelve retail subsectors expanding.
Year-to-date (January-August 2025 vs January-August 2024)
The Canadian economy was 1.3% larger in January-August 2025 when compared to the same months in 2024.
Real GDP from goods-producing industries grew 0.6% 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 1.6% with gains in most industries. The strongest gains were in retail trade, finance/insurance, and arts/recreation. The fastest decline was in company management (though this is a small industry), followed by personal/repair services. Administration/support services were virtually unchanged, year-to-date.
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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