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October: Real GDP –0.3% — broad-based sectoral declines ([StatCan October Release](https://www150.statcan.gc.ca/n1/daily-quotidien/251223/dq251223a-eng.htm))
November: Real GDP 0.0% — flat ([StatCan November Release](https://www150.statcan.gc.ca/n1/daily-quotidien/260130/dq260130a-eng.htm))
December: Real GDP +0.1% (advance estimate) — gains in manufacturing and wholesale trade offset declines in mining, quarrying, and oil and gas extraction Q3 2025: +0.6% expansion
Q4 2025: –0.1% contraction
Full-Year 2025: +1.3% growth Q4 2025 GDP growth: –0.1%
Q3 2025 GDP growth: +0.6%
Full-year 2025 GDP growth: +1.3%
October GDP: –0.3%
November GDP: 0.0% (flat)
December GDP: +0.1% (advance estimate)
Automotive and parts exports (January): $5.4B (lowest since September 2021)
Industry classification: 174 detailed industries + 75 aggregates Canada's loss of economic momentum in late 2025 calls for a cautious approach to market entry timing and investment decisions. In particular, weakness in the mining and resources sector may have direct implications for Korea–Canada resource trade flows.
While the December manufacturing rebound is a positive signal, the overall negative Q4 growth print points to elevated uncertainty heading into H1 2026. Rise Partners clients with Canadian operations or expansion plans are advised to incorporate conservative scenarios into their business strategies.
The combined effect of the Bank of Canada's 2026 monetary policy trajectory and U.S. tariff headwinds creates an opaque growth outlook. Ongoing monitoring of quarterly GDP releases is strongly recommended.
Economy January 30, 2026 · 4 min read
Statistics Canada GDP by Industry – Q4 2025 and Monthly Trends
Statistics Canada GDP by Industry - Q4 2025 및 월별 동향
Key Takeaway
Canada's economy contracted 0.1% in Q4 2025, pulling back from Q3 growth of +0.6%. Full-year GDP growth for 2025 was recorded at 1.3%. The quarter closed with a 0.3% decline in October, flat growth in November, and a modest 0.1% gain in December. Manufacturing and wholesale trade drove the December recovery, while mining, quarrying, and oil and gas extraction remained a drag.
# Statistics Canada GDP by Industry – Q4 2025 and Monthly Trends
Key Summary
Canada's economy contracted 0.1% in Q4 2025, reversing the growth momentum recorded in Q3 (+0.6%). Full-year GDP growth for 2025 came in at 1.3%. Within the quarter, GDP declined 0.3% in October, held flat in November, and edged up 0.1% in December. Manufacturing and wholesale trade led the December rebound, while mining, quarrying, and oil and gas extraction weighed on overall performance.Details
Statistics Canada officially released December 2025 and Q4 2025 GDP data on February 27, 2026 ([StatCan Daily Release](https://www150.statcan.gc.ca/n1/daily-quotidien/260227/dq260227b-eng.htm)).Monthly GDP Trend (H2 2025)
Quarterly Trend
Industry-Level GDP Structure
Statistics Canada publishes monthly GDP estimates covering 174 detailed industries and 75 aggregate industries under NAICS Canada 2022 Version 1.0. Beginning with the November 2025 release, an updated industrial classification framework was applied, incorporating reclassification of the finance sector, consolidation of smaller industries, and further disaggregation of analytically significant sectors.January 2026 Advance Estimate
The GDP by industry release also includes an advance estimate for January 2026, published simultaneously with the February 27, 2026 data release.Key Figures
Rise Partners Implications
--- Source: https://www150.statcan.gc.ca/n1/daily-quotidien/260227/dq260227b-eng.htm
Implications
Canada's fading economic momentum in late 2025 warrants a measured approach to market entry and investment timing. Weakness in the mining and resources sector is of particular note, as it may adversely affect Korea–Canada resource trade.