The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
April 28, 2023CANADA GDP BY INDUSTRY, FEBRUARY 2023 Month-over-month (February 2023 vs January 2023)
Real Gross Domestic Product (GDP) in Canada increased (+0.1%) to an annualized value of $2,083 billion (chained 2012 dollars at basic prices) in February 2023. The increase in February followed a gain (+0.6%) in January and was supported by gains in both goods and services producing sectors.
Canada's goods-producing sector output increased 0.1% from January to February 2023. Gains in mining, oil and gas (+0.1%), utilities (+0.6%), and construction (+0.3%) were partially offset by declines in manufacturing (-0.1%) and agriculture, forestry, and fishing (-0.9%).
Real GDP in Canada's services-producing industries was up 0.1% from January to February 2023.
Nine sub-sectors recorded growth in February. The largest gains were recorded in professional and technical services (+0.6%) and education (+0.5%). The largest declines were recorded in management of companies (-2.4%), arts and recreation (-1.4%), and wholesale trade (-1.3%).
Year-to-Date (January-February 2023 vs January-February 2022)
The Canadian economy was 2.8% larger in the first two months of 2023 when compared to the same period in 2022.
Real GDP from goods producing industries was up 1.7% with faster gains in natural resources industries.
Real GDP from services-producing industries was up 3.2% with year-to-date gains in most industries. The strongest increases were in arts/entertainment/recreation (+33.2%) as well as accommodation and food services (+24.3%). The largest decline was reported in management of companies (-31.2%).
Source: Statistics Canada, Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
<--- Return to Archive
