Statistics Canada says real gross domestic product grew 0.2 per cent in July

OTTAWA — Statistics Canada says real gross domestic product grew 0.2 per cent in July, the first increase in four months.

However, its early estimate for August indicated that real GDP for that month was essentially unchanged.

Read more:

• Parliamentary budget watchdog forecasts sharp rise in deficit to $68.5B this year
• Tariffs, government spending, gas prices – what’s driving inflation right now?
• Former bank employee faces charges after allegedly accessing prime minister’s data

The agency says the growth in July was driven by goods-producing industries which grew 0.6 per cent for the month.

The mining, quarrying, and oil and gas extraction sector added 1.4 per cent in July as mining and quarrying, except oil and gas, rose 2.6 per cent. The oil and gas extraction subsector grew 0.9 per cent in July.

The manufacturing sector grew 0.7 per cent as durable goods manufacturing grew 1.0 per cent. Non-durable goods manufacturing rose 0.4 per cent.

Meanwhile, services-producing industries edged up 0.1 per cent as the transportation and warehousing sector rose 0.6 per cent. The retail trade sector fell 1.0 per cent.

This report by The Canadian Press was first published Sept. 26, 2025.

The Canadian Press