Canada’s GDP Flatlines in November 2025 as Manufacturing Tumbles

(MENAFN) Canada’s real GDP remained stagnant in November 2025 as declining goods-producing sectors neutralized gains across services industries, Statistics Canada reported Friday.

The national statistical agency revealed that goods-producing industries contracted 0.3 percent during November, marking the third downturn within a four-month span, propelled by weaknesses in the manufacturing and agriculture, forestry, fishing and hunting sectors in the month.

Services-producing industries edged up 0.1 percent, with expansions in the retail trade, educational services, and transportation and warehousing sectors, said the agency.

Preliminary data signals that real GDP increased 0.1 percent in December, it said, adding that increases in manufacturing and wholesale trade were partially offset by decreases in mining, quarrying, and oil and gas extraction.

Based on the December projection, real GDP by industry indicators suggest the economy decreased 0.1 percent in the fourth quarter and increased 1.3 percent in 2025, said Statistics Canada.

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