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April 28, 2017CANADA GDP BY INDUSTRY, FEBRUARY 2017 Real GDP in Canada was unchanged in February 2017, following three months of growth.
Output of goods-producing industries decreased 0.3 per cent in February. Among goods-producing industries, GDP increased in construction (+0.5%), while and agriculture, forestry, fishing and hunting (-1.2%) and Manufacturing (-0.6%) showed the largest declines.
GDP in service-producing industries increased 0.2 per cent in February, after a month of strong growth (+0.5%) in January.
The largest growth in service-producing industries was in the finance and insurance sector (+0.7%), followed by real estate (+0.5%) and professional, scientific and technical services (+0.5%) industries.
Comparing year to date (January and February) 2017 to the same period in 2016, the Canadian economy is 2.4 per cent larger this year than last.
Goods production is up 2.7 percent with increases in mining, quarrying and gas extraction (+6.1 per cent), manufacturing (+2.5 per cent), utilities (+1.1 per cent), and in construction (+0.5 per cent). Agriculture, forestry, fishing and hunting is down in year to date terms by 0.2 per cent.
GDP for service-producing industries is up 2.3 per cent on increases in all subsectors except administration and support which was unchanged, and a 0.9 per cent decline in "other services."
Statistics Canada: CANSIM table 379-0031
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