Focus on Canada and the United States: Gross domestic product

Gross domestic product, income and expenditure, first quarter 2025

The Daily

Exposure to imports from the United States: Spotlight for expenditures on investment in machinery and equipment

Analytical product

Gross domestic product by industry, March 2025

The Daily

Exposure to imports from the United States: Spotlight on investment in machinery and equipment by industry

Analytical product

Recent developments in the Canadian economy: Spring 2025

Economic and Social Reports

This article provides an integrated summary of recent economic developments, highlighting changes in the economic data during late 2024 and early 2025. The article focuses on how economic conditions have changed as households and businesses adjust to ongoing uncertainty over Canada's trading relationship with the United States.

Analytical product

Gross domestic product by industry: Provinces and territories, 2024

The Daily

This release shed lights on economic performance of the various jurisdictions, highlighting major contributors and detractors to growth within the year.

Analytical product

Gross domestic product by industry, February 2025

The Daily

Spotlight on transportation equipment manufacturing: the value-added in exports and supply and use tables data can be used to calculate Canada's exposure to US market.

Analytical product

How tariffs are conceptually reflected in key economic statistic

Economic and Social Reports

The impact of tariffs is embedded in data collected across multiple statistical programs which is used to calculate estimates like the Consumer Price Index, various producer price indexes, retail and manufacturing sales and key macroeconomic indicators, including the balance of payments, gross domestic product, supply and use tables, and government finances. This note outlines how these effects are captured across various statistical programs.

Analytical product

Unit labour cost growth, inflation and productivity growth in Canada and the United State

Economic and Social Reports

The unit labour cost (ULC) is often used as a broad measure of international price competitiveness. It deviates from the inflation rate when the real wage rate and labour productivity grow at different paces. Since the COVID-19 pandemic, Canada has experienced an acceleration of unit labour cost growth and a significant upward deviation from the inflation rate, while this has not happened in the United States. This article explores the sources of the Canada–U.S. ULC growth gap and the factors contributing to its widening.

Analytical product

Gross domestic product by industry, January 2025

The Daily

The manufacturing sector continued to be among the sectors with the highest exposure to the US market in 2023, relying on demand from the United States for 42% of its output. Primary metal manufacturing was one of the manufacturing subsectors that relied the most on exports to the United States, with 45% of its output attributed to direct exports to the United States and 61% of its output attributed to total demand from the United States.

Analytical product

Table 12-10-0100-01 - Value added in exports, by industry, provincial and territorial

Data table

The value added in exports database provides data on the exports and imports of industries, as well as on the direct and indirect impact of each industry's production for exports on industry and on total gross domestic product and jobs. Imports embodied in exports have also been expanded to show their United States (US) and non-US origins.

Data product

National balance sheet and financial flow accounts, fourth quarter 2024

The Daily

Canada is a nation rich in natural resources. Canadian exports of minerals, energy and timber represent a key contributor to the Canadian economy and the economic activity of other countries who benefit from this trade, including the United States. In 2024, data on Canadian international merchandise trade showed that selected domestic exports of minerals, energy and timber products accounted for over $300 billion, with nearly three-quarters of this destined for the United States (on a customs basis).

Analytical product

Gross domestic product by industry, December 2024

The Daily

The United States continued to be the largest international supplier of goods and services to Canadian businesses in 2022. Imports from the United States accounted for 15.4% of all intermediate inputs (current purchases of goods and services) for Canadian industries.

Analytical product

Gross domestic product, income and expenditure, fourth quarter 2024

The Daily

In 2021, 13.3% of total household final consumption expenditures in Canada were dependent on imports from the United States.

Analytical product

Gross domestic product by industry, November 2024

The Daily

Total exports accounted for 25.2% of Canadian gross domestic product (GDP) and more than 3.6 million jobs in 2022, the latest year for which value-added in exports data are available. The United States continued to dominate the export market, with exports to the US accounting for 17.8% of Canadian GDP and more than 2.4 million jobs in Canada.

Analytical product