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Canada · Economy

Canada: GDP stalls in August

September’s advance estimate points to a 0.1% decline.

Aerial view of docks and shipping containers in a port
Container terminal in Singapore. Illustrative photograph of maritime trade. CHUTTERSNAP · Unsplash License · Image resized; cropped for display.

Carried forward November 4, 2026. August data released October 30; September remains an advance estimate.

Canadian real GDP by industry was essentially unchanged in August for a second consecutive month, according to Statistics Canada’s October 30 data reported by Dow Jones. [2]

Weaker growth than expected

Services edged down while goods production increased. Dow Jones notes that economists had expected growth of 0.2%, matching the previous preliminary estimate. [2]

September remains preliminary

Advance information points to a 0.1% decline in September. Statistics Canada says this estimate will be updated on November 30, when the official September data are released. [1]

The period measured

The figures cover activity during the summer and September. Their release date therefore does not describe growth in October. [1]

Perspectives compared

Activity
Statistics Canada

Two months of stagnation. [1]

Expectations
Dow Jones

Expected growth fails to materialize. [2]

Limit
Statistics Canada

September is still an advance estimate. [1]

Sources and documents

Versions preserved in past editions