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August 31, 2017CANADA GDP BY INDUSTRY, JUNE 2017 Real GDP in Canada increased 0.3 per cent in June 2017, after growth of 0.6 per cent in May. There have been eight consecutive months of positive real GDP growth.
Growth in output of goods-producing industries was 0.5 per cent in June. Mining, quarrying and oil and gas extraction (-0.2 per cent) fell as the oil and gas subsector contracted 0.4 per cent on the month. Mining and quarrying (except oil and gas) increased 1.2 per cent. Manufacturing was up 0.2 per cent as durable manufacturing grew 0.9 per cent and non-durable manufacturing declined 0.7 per cent. Construction was up 2.0 per cent this month, with growth in ever subsector. GDP in service-producing industries increased 0.2 per cent in June with modest growth in subsectors, with the exception of wholesale trade, information and cultural industries, real estate and rental and leasing, and management of companies and enterprises.
Comparing year to date (January - June) 2017 to the same period in 2016, the Canadian economy is 3.4 per cent larger this year than last.
Goods production is up 4.9 percent with increases in all subsectors except agriculture, forestry, fishing and hunting. Gains were led by mining, quarrying and gas extraction (+13.2 per cent), utilities (+3.3 per cent), and manufacturing (+3.0 per cent).
GDP for service-producing industries is up 2.7 per cent on increases in all subsectors except management of companies and enterprises (-2.3 per cent) and other services (-0.1 per cent).
Note that with this release, Statistics Canada has revised this series back to January 2016.
Statistics Canada: CANSIM table 379-0031
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