Canada GDP Expected to Pick Up Steam

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The Canadian GDP expanded by 0.1% from the previous month in December of 2025, according to an advance estimate. Official data showed that output was essentially unchanged in November. Goods producing industries remained a drag in November as declines in manufacturing and agriculture forestry fishing and hunting weighed on activity. Services output improved as gains in retail trade educational services and transportation and warehousing supported overall growth. The rebound in educational services followed the resumption of classes after strike related disruptions, while transportation and warehousing recovered on the back of postal service normalization and higher warehousing activity. From the previous year, real GDP was up 1.3% in 2025.

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