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March 31, 2017CANADA GDP BY INDUSTRY, JANUARY 2017 Real GDP in Canada increased 0.6 per cent in January 2017. With the exception of October, gross domestic product has risen every month since June 2016.
Output of goods-producing industries increased 1.1 per cent per cent in January. Among goods-producing industries, GDP increased in most sectors except utilities and agriculture, forestry, fishing and hunting.
The manufacturing sector was the largest contributor to the increase in gross domestic product. This sector grew 1.9 per cent in January.
Following declines in the first half of 2016 related to maintenance shutdowns and the Fort McMurray wildfire and evacuation, the output of the mining, quarrying, oil and gas sector advanced through the second half of 2016. In January, the mining, quarrying, and oil and gas sector also advanced 1.9 per cent.
GDP in service-producing industries increased 0.4 per cent in January, their highest monthly growth rate since June 2015.
The largest growth in service-producing industries was in the wholesale trade sector (+2.4 per cent, the largest monthly gain since July 2013). Growth in this sector was the largest contribution to the increase in service-producing industries.
Comparing January 2017 to January 2016, the Canadian economy is 2.3 per cent larger this year than last.
Goods production is up 2.4 percent with increases in mining, quarrying and gas extraction (+5.4 per cent), manufacturing (+2.5 per cent), utilities (+1.8 per cent), agriculture, forestry, fishing (+0.4 per cent), and a decline in construction (-0.3 per cent).
GDP for service-producing industries is up 2.2 per cent on increases in all subsectors except others services.
Statistics Canada: CANSIM table 379-0031
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