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April 30, 2025CANADA GDP BY INDUSTRY, FEBRUARY 2025 Month-over-month (February vs January 2025)
Real Gross Domestic Product (GDP) in Canada fell 0.2% in February 2025 following a gain of 0.4% in January 2025.
Real GDP in Canada's goods producing industries fell 0.6% from January to February 2025.
Real GDP in Canada's services-producing industries was down 0.1% from January to February 2025.
In February 2025, 12 industries reported lower real GDP compared to the previous month. Among broad industries, monthly GDP declines were fastest for management of companies and mining/oil/gas. The largest gains were reported for utilities and finance/insurance.
Year-over-year (February 2025 vs February 2024)
The Canadian economy was 1.9% larger in February 2025 when compared to the same month in 2024.
Real GDP from goods producing industries grew 1.8% as growth in resource industries as well as construction and utilities offset a decline in manufacturing.
Real GDP from services-producing industries was up 2.0% with gains in most industries. The strongest gains were in arts/entertainment/recreation and education. 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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