Statistics Canada reported on 30 October that real GDP by industry was essentially unchanged in August 2026, the second consecutive month without growth. Services output fell 0.1%, while goods-producing industries grew 0.1%. A preliminary estimate indicated a 0.1% decline in September; that figure is not a final GDP release. The agency said available monthly data suggested third-quarter industry GDP expanded 0.3%.

Canada's economy showed little momentum in August 2026, with real GDP by industry remaining virtually unchanged for a second consecutive month. A 0.1% decline in services activity offset a similar increase in goods-producing industries. Preliminary estimates point to a further 0.1% contraction in September, although available data suggest third-quarter industry GDP grew by 0.3%. The figures highlight subdued economic conditions and could influence expectations for future Bank of Canada interest-rate decisions.