Highlights from ‘Canada GDP by Industry, April 2024’

The following statistics were released from the Economics and Statistics Division on June 28, 2024. Full details from this dataset can be accessed here.

Month-over-month (April 2024 vs March 2024)

Real Gross Domestic Product (GDP) in Canada was up 0.3% in April following no change in March 2024.

Real GDP in Canada’s goods producing industries was up 0.3% from March to April 2024.

  • Among broad industries, monthly GDP gains were strongest for wholesale trade, mining/oil/gas and accommodation/food services
  • The largest declines were reported for management of companies, construction and administrative/business support services (including call centres)

Year-to-date (January-April 2024 vs January-April 2023)
  • The Canadian economy was 0.8% larger in January-April 2024 when compared to the same period of 2023
  • Real GDP from goods producing industries was down 1.5% with faster losses across all industries except mining/oil/gas (+2.9%)