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January 30, 2026CANADA GDP BY INDUSTRY, NOVEMBER 2025 Month-over-month (November vs October 2025)
Real Gross Domestic Product (GDP) in Canada edged down by 0.02% in November 2025, with declines in goods producing industries offsetting gains in service producing industries.
Real GDP in Canada's goods producing industries fell by 0.3% from October to November 2025.
Real GDP in Canada's services-producing industries rose 0.1% from October to November 2025.
In November 2025, half of Canada's key industry sub-sectors reported real GDP growth compared to the previous month, offset by declines in the other half, concentrated in goods producing industries.
Among goods-producing industries, declines manufacturing and agriculture/forestry/fishing offset growth in mining/oil/gas, utilities and construction. Manufacturing reported the steepest decline, with both durable and non-durable goods manufacturing reporting declines. Agriculture/forestry/fishing declines were led by crop production (driven by declines in other grains and wheat crops), and forestry and logging where timber harvesting companies scaled back production due to sawmill production cutbacks and weak lumber markets.
Service-producing industries reported real GDP growth of 0.1% compared to October. Growth was led by retail trade, with growth reported in all subsectors. Education grew in November, partially offsetting the contraction in October, driven by the end of the teacher's strike in Alberta on October 29. Transportation and warehousing grew in November following the recovery in postal service as all job actions were suspended on November 21 (following an agreement in principle between Canada Post and the Canadian Union of Postal Workers).
Year-to-date (January-November 2025 vs January-November 2024)
The Canadian economy was 1.4% larger in January-November 2025 when compared to the same months in 2024.
Real GDP from goods-producing industries grew 1.2% as growth in agriculture/forestry/fishing, mining/oil/gas, utilities, and construction more than offset the decline in manufacturing.
Real GDP from services-producing industries was up 1.5% with gains in most industries. The strongest gains were in finance/insurance, retail trade, and health care/social assistance. Declines were reported in company management (though this is a small industry), personal/repair services, and administration/support services.
Source: Statistics Canada, Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)