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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

June 30, 2015

Canada's real GDP was down 0.1 per cent in April, the fourth consecutive monthly decline. Goods production fell the fourth month in a row with a decline of 0.8 per cent while service-producing industries were up 0.3 per cent. Compared to April 2014, real GDP was up 1.2 per cent.

For April , goods production was down mainly as a result of declines in oil and gas extraction which fell 3.4 per cent as maintenance shutdowns and production difficulties occurred for non-conventional oil extraction. Manufacturing output declined 0.2 per cent for the fourth consecutive month - with decreases in food and paper manufacturing, and machinery, transportation, equipment. Construction was down 0.1 per cent with declines in residential and non-residential construction offsetting an increase in repairs.

Service-producing industries were up with wholesale trade increasing 1.6 per cent in April after a 0.9 per cent increase in March. Machinery, equipment and supplies and motor vehicle and parts were up. Retail trade was down 0.2 per cent - declines in food and beverage stores, electronics and appliance stores, and health and personal care stores offsetting increases in motor vehicles and clothing. Finance and insurance sector fell 0.6 per cent on lower investment services and banking and insurance. The public sector (education, health, and public administration) was up 0.2 per cent.

Statistics Canada Cat. No. 15-001-X, CANSIM 379-0031

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