Highlights from ‘Canada GDP by Industry, October 2024’
The following statistics were released from the Economics and Statistics Division on December 23, 2024. For full details from this dataset, please click here.
Month-over-month (October 2024 vs September 2024)
- Real Gross Domestic Product (GDP) in Canada grew 0.3% in October 2024
- Real GDP in Canada’s goods producing industries rose 0.9% from September to October 2024
- Real GDP in Canada’s services-producing industries were up 0.1% from September to October 2024
Year-to-date (January-October 2024 vs January-October 2023)
- The Canadian economy was 1.4% larger in January-October 2024 when compared to the same period of 2023
- Real GDP from goods producing industries was down 0.1% while there were gains in resource industries
- Both construction (-1.3%) and manufacturing (-3.2%) reported notable declines in real GDP