Canada’s Economy Recovers in September

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Published: 2 days ago

Canada's real gross domestic product (GDP) rose 0.2% in September 2025, rebounding from a 0.1% decline in August. The growth was led by goods-producing industries, which increased 0.6%, largely due to a surge in manufacturing sector. The manufacturing sector led the growth with a 1.6% expansion, with durable goods up 2.1% and non-durables rising 1.0%. The transportation and warehousing sector also rebounded, rising 1.2% in September, thanks to a 6% increase in air transportation following the conclusion of a flight attendants' work stoppage. Additionally, the mining, quarrying, and oil and gas extraction sector expanded 0.3%, supported by a 0.9% rise in oil and gas extraction. However, the retail trade sector contracted 0.7%, while wholesale trade sector rose 0.6%. An advance estimate shows GDP decreased by 0.3% in October, while rose by 0.5% in Q2 2025.

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