• Canadian GDP edged up 0.1% in December as 13 of 20 industrial sectors increased

Market news

2 March 2018

Canadian GDP edged up 0.1% in December as 13 of 20 industrial sectors increased

This followed a 0.4% gain in November.

The output of service-producing industries edged up 0.1% in December, as increases in real estate and rental and leasing, the public sector and finance and insurance more than offset declines in wholesale and retail trade. The output of service-producing industries rose every month in 2017.

Goods-producing industries edged down 0.1% in December, following 1.0% growth in November. Declines in the manufacturing and construction sectors more than offset higher output from mining, quarrying, and oil and gas extraction.

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