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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

June 28, 2019
CANADA GDP BY INDUSTRY, APRIL 2019

Real GDP in Canada increased 0.3 per cent in April following growth of 0.5 per cent the previous month. In April output was up 0.4 per cent in the goods sector and 0.2 per cent for the service sector. Compared to April 2018, the Canadian economy is 1.5 per cent larger with an annualized value of $1,959 billion (chained 2012 dollars) in April 2019.                                                              

In April, there were gains in 11 of the 20 industrial sectors.  

Mining, quarrying and oil and gas extraction was up 4.5 per cent in April. Oil and gas extraction was up 5.5 per cent following the easing of government-mandated production cuts in Alberta. Mining (excluding oil and gas) was up 1.7 per cent as expansions of potash mining and mining of copper, nickel, lead and zinc offset declines in other metal ores and coal mining.  

Utilities declined 0.8 per cent as declines in electric power generation/transmission/distribution offset gains in natural gas distribution.  

Construction activity increased for the third time in four months (0.2 per cent), with increases in residential, non-residential and engineering and other construction, while repair construction declined. 

Manufacturing declined 0.8 per cent for the month, the largest monthly decline since August 2017 as the decline in durable manufacturing more than offset gains in non-durables.  

Transportation and warehousing declined 0.1 per cent in April due to declines in trucking and support activities. 

Wholesale trade was up 1.4 per cent with growth in but one subsector in April. 

Retail trade declined (-0.1 per cent) after two months of growth. Gains in food and beverage, sporting goods/hobby/book/music stores were fully offset by declines at building material and garden supplies and clothing and accessories stores.  Statistics Canada notes the impact of colder spring weather on purchases of clothing and garden supplies.

Public sector GDP was up 0.2 per cent with gains in education, health care and public administration.

Comparing the size of the Canadian economy in January-April 2019 with January-April 2018, there has been a 1.3 per cent increase due to higher service sector output (+2.3 per cent) while the goods-producing sector declined by 1.2 per cent. Increases in agriculture, forestry, fishing and hunting, utilities and manufacturing only partially offset the declines in mining, quarrying, and oil and gas extraction and construction. Service sector output is higher across all subsectors with the largest increases in professional, scientific and technical services, and administration and support services subsectors.

Source: Statistics Canada. 

Table  36-10-0434-01   Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)



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