March 02, 2026
Canada's gross domestic product rose 0.2% in December
Statistics Canada announced that Canada's real gross domestic product (GDP) rose 0.2% in December, driven by increases in both services-producing and goods-producing industries.
Services-producing industries drove the expansion in December, rising 0.2%, led by increases in wholesale trade, public sector and transportation and warehousing. Goods-producing industries increased 0.2%, driven by increases in manufacturing and utilities. Overall, 11 of the 20 industrial sectors grew in December.
The manufacturing sector rose 1.2% in December, partially offsetting the back-to-back monthly declines in October and November, with expansions in durable-goods and non-durable-goods manufacturing industries.
Transportation and warehousing rose 0.7% in December, on strength in transit, ground passenger and scenic and sightseeing transportation as well as couriers and messengers.