The economy experienced a slowdown in November, and preliminary estimates indicate a decrease in real gross domestic product (GDP) for the last quarter of 2025, Statistics Canada says.
Real GDP growth remained unchanged in November, showing a slight recovery from a decrease of 0.3 percent in October, StatCan said in its Jan. 30 report.
StatCan reported that declines in activity within goods-producing industries were balanced by growth in the services sector of the economy.
Manufacturing experienced a 1.3 percent decline in November. StatCan said the production of motor vehicles and parts was constrained due to a global semiconductor shortage that limited output at a major automotive facility….