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Thomas Storring Director of Economics/Statistics
Tel: 902-424-2410Email:

December 01, 2017

Real GDP in Canada increased 0.2 per cent in August 2017, after a decline of 0.1 per cent in August.

Growth in output of goods-producing industries up 0.4 per cent in September. Mining, quarrying and oil and gas extraction (+0.7 per cent) increased after three quarters of decline with the oil and gas subsector growing at 1.0 per cent and mining and quarrying (except oil and gas) continuing to grow. Manufacturing was unchanged and construction activity expanded on rising residential construction.

Services-producing sector output was up 0.1 per cent in September. Offices of real estate agents and brokers rose on home resale activity in Ontario and British Columbia, but remains below levels in March 2017 when Ontario housing regulations were changed. Rail and pipeline transportation increased. Wholesale trade was down after eight increases in past nine months with lower personal and household good wholesaling.


Comparing year to date (January - September) 2017 to the same period in 2016, the Canadian economy is 3.3 per cent larger this year than last.

Goods production is up 4.6 percent with increases in all subsectors except agriculture, forestry, fishing and hunting. Gains were led by mining, quarrying and gas extraction (+10.0 per cent), utilities (+3.5 per cent), manufacturing (+3.0 per cent), and construction (+2.7 per cent).

GDP for service-producing industries is up 2.8 per cent on increases in all subsectors except management of companies and enterprises (-3.2 per cent). 


Statistics Canada: CANSIM table 379-0031

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