Canadian GDP by Industry in October

On December 23, 2025, Statistics Canada (StatCan) reported that real gross domestic product (GDP) fell 0.3% in October, offsetting a 0.2% increase in September. The decline was driven by contractions in both goods- and services-producing industries. Overall, 11 of 20 industrial sectors contracted.

Goods-producing industries declined 0.7%, with most sectors posting decreases, led by the manufacturing sector. Services-producing industries edged down 0.2%, with StatCan noting that a limited number of labor stoppages dampened overall activity.

The construction sector fell 0.4%, as most subsectors recorded declines. Engineering and other construction activities dropped 0.7%, contributing the most to the decrease and marking the first contraction after five consecutive monthly increases.

Residential building construction declined 0.4% for a third consecutive month, driven in October by reduced construction of new single-occupancy homes. In contrast, nonresidential construction rose 0.1%, helping to partially offset the overall decline, reflecting increased institutional construction activity.