Canada’s real GDP rises by 0.2% in July

September 26, 2025

RED FM News Desk

Statistics Canada reports that Canada’s real GDP grew by 0.2% in July, marking the first increase in four months. The growth was primarily driven by goods-producing industries, which saw a 0.6% rise during the month.

The manufacturing sector experienced a 0.7% increase, while the retail trade sector dropped by one per cent.

StatCan’s preliminary estimate for August suggests that the real GDP remained virtually unchanged.