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May 31, 2019CANADA GDP BY INDUSTRY, MARCH 2019 
Real GDP in Canada increased 0.5 per cent in March following a decline of 0.2 per cent the previous month. In March output was up 0.7 per cent in the goods sector and 0.4 per cent for the service sector. Compared to March 2018, the Canadian economy is 1.4 per cent larger with an annualized value of $1,955 billion (chained 2012 dollars).
In March, there were gains in 16 of the 20 industrial sectors. After six consecutive monthly declines, output from mining, quarrying and oil and gas extraction increased in March. Oil and gas extraction led the monthly gains, as the Government of Alberta has gradually been easing production cuts that began in January. Mining and quarrying (except oil and gas) was up as metal ore mining rose for all types of metals, offsetting declines in other mining activities. Following a decline in February, manufacturing output rose for both durables and non-durables. Construction activity was up 0.5 per cent, led by gains in repair and engineering and other construction. Utilities declined 1.8 per cent in March as temperatures returned to more seasonal levels.
Transportation and warehousing rose 1.4 per cent in March following difficult weather conditions in February. Rail transportation partially recovered from the decline last month as weather conditions improved and the rail line through the Rockies became operational following a train derailment in February. The finance and insurance increased on the issuance of new securities and trading in bond and money markets, while activity in the insurance sector was relatively unchanged. Wholesale trade increased for the third consecutive month in March, led by machinery and equipment and building materials. The public sector was up 0.2 per cent with increases in education, health care, and public administration.
Comparing the size of the Canadian economy in January-March 2019 with January-March 2018, there has been a 1.3 per cent increase due to higher service sector output (+2.3 per cent) while the goods-producing sector declined by 1.1 per cent. Increases in agriculture, forestry, fishing and hunting, utilities and manufacturing only partially offset the declines in mining, quarrying, and oil and gas extraction and construction. Service sector output is higher across all subsectors with the largest increases in administration and support services, and professional, scientific and technical services subsectors.
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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