FX.co ★ Canada GDP Expected to Pick Up Steam

According to a preliminary estimate, Canada's Gross Domestic Product (GDP) increased by 0.1% in December 2025 compared to the preceding month. In November, official statistics indicated that economic output remained essentially static. The performance in the goods-producing sectors continued to hinder growth, with manufacturing, agriculture, forestry, fishing, and hunting experiencing declines. In contrast, the services sector saw positive movement, driven by improvements in retail trade, educational services, and transportation and warehousing, which collectively bolstered overall growth. The recovery in educational services was linked to the resumption of classes following disruptions due to strikes. Meanwhile, transportation and warehousing benefitted from the normalization of postal services and increased warehousing activity. On a year-over-year basis, the real GDP for 2025 rose by 1.3%.