FX.co ★ Canada GDP Set to Expand in November

In November 2025, Canada's GDP saw a modest increase of 0.1% compared to the previous month, based on preliminary estimates. This growth slightly counteracts the 0.3% decline observed in October. The goods-producing sectors continued to hinder overall economic advancement, with manufacturing, mining, quarrying, and oil and gas extraction showing decreases. However, the services sector experienced some gains, with educational services, construction, and transportation and warehousing contributing positively to the growth. The resurgence of educational services followed earlier disruptions in October, and construction activity showed a slight improvement after a period of weakness. Additionally, the transportation and warehousing sectors rebounded after strike-related downturns in the prior month. Compared to the previous year, real GDP had increased by 0.4% in October.