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GDP (% Yearly Change) vs. Productivity (% Yearly Change)

Canadian Gross Domestic Product vs. Productivity Growth




Canadian Gross Domestic Product vs. Productivity
(Year to Quarter)
Quarter/Year GDP (% Change) Productivity (% Change)
I/2022
2.9
-3.0*
II/2022
4.6
-1.6*
III/2022
0.11
-0.6*
IV/2022
-0.07
-0.7
I/2023
1.9
-1.8
II/2023
0.5
-2.2
III/2023
-0.4
-2.5
IV/2023
1.1
-1.0
I/2024
0.5
-0.9
II/2024
0.9
-0.7
III/2024
1.0
-0.13
IV/2024
0.46
0.8
I/2025
2.3
0.9
II/2025
5.2
0
III/2025
3.4
0.9
IV/2025
0.46
0.3

* Revised from Final Report


If you haven't done so yet, we recommend that you review the section on how we suggest this data should be interpeted.


Economic Analysis

Unless otherwise stated all references to Gross Domestic Product (GDP) or Productivity is based on year to quarter data. For reasons of continuity and comparisons with previous plots, the limits on the present graph has remained the same as before even though the economic decline exceeds those limits. The data source is Statistics Canada

Economy and Productivity

The Canadian economy contracted slightly during the fourth quarter of 2025 from that of that of the third quarter. In the third quarter the Canadian economy came in at C$2,505,960,000,000. During the fourth quarter it was C$2,502,165,000,000 according to Statcan reporting.

However, looking at the above chart, it is obvious that the Canadian economy has been positive since the third quarter of 2024. However, the amount of growth appears to have taken wide swings. Analyzing this behavior is beyond our capabilities. It require an in-depth study of individual industries/province. Only a Canadian who is well versed in those industries and the provincial environment can make accurate judgments.


Raymond D. Matkowsky


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