Canada Monthly GDP MoM

The Canadian economy likely expanded 0.1% in June 2025, rebounding after two consecutive months of contraction, as increases in retail trade and wholesale trade were partially offset by a decrease in manufacturing, advance estimates showed. If confirmed, the figure would translate to an essentially flat second quarter of 2025. Considering May, the Canadian GDP edged down 0.1%, driven by a 1.0% contraction in mining, quarrying and oil and gas extraction, partly offset by a 0.7% gain in manufacturing and essentially unchanged activity in construction (-0.0%). The services-producing industries were essentially unchanged (-0.0%) on a 0.3% rise in real estate, rental and leasing and a 0.6% increase in transportation and warehousing, offset by a 1.2% decline in retail trade and a 0.8% drop in public administration.