The Weekly Review, September 1 to 5, 2025

September 5, 2025, 2:00 p.m. (EDT)
The Weekly Review

Employment declines among core-aged men and women in August

Employment declined by 66,000 (-0.3%) in August, largely the result of a decline in part-time work, and the employment rate fell 0.2 percentage points to 60.5%. The employment rate has been on a downward trend since the beginning of the year, falling 0.6 percentage points from January to August. In August, the unemployment rate rose 0.2 percentage points to 7.1%. Employment fell for core-aged (25 to 54 years old) men (-58,000; -0.8%) and core-aged women (-35,000; -0.5%).

Source: Labour Force Survey, August 2025

 

Dry conditions reduce hydroelectric generation in June

Primary energy production rose 2.0% in June, with gains being recorded in three of six sectors. Meanwhile, secondary energy production decreased 4.8%, mainly from a decline in refined petroleum products. Total electricity generation in Canada increased 0.8% year over year to 46.0 million megawatt-hours in June. All generation types contributed to the overall increase, except hydroelectric, which fell 5.9% year over year due to persistent dry conditions that affected hydroelectric generation, particularly in Quebec (-13.9%) and Manitoba (-21.8%).

Source: Energy statistics, June 2025

 

Manufacturing and wholesale trade are the main contributors to the decline in productivity of the business sector in the second quarter

Labour productivity of Canadian businesses declined 1.0% in the second quarter. This was the sharpest decline since the fourth quarter of 2022 (-1.1%). Overall, manufacturing and wholesale trade were the main contributors to the decrease in business sector productivity in the second quarter of 2025. These two sectors—which are heavily dependent on merchandise trade—were particularly affected by the uncertainty surrounding Canada's trade activities with the United States during the quarter.

Source: Labour productivity, hourly compensation and unit labour cost, second quarter 2025

 

Exports to the United States rise in July, while imports from the United States fall

In July, Canada's merchandise exports rose 0.9%, while imports were down 0.7%. As a result, Canada's merchandise trade deficit with the world narrowed from $6.0 billion in June to $4.9 billion in July. Exports to the United States increased 5.0% in July, in part because of higher exports of crude oil and passenger cars. Meanwhile, imports from the United States fell 2.2% in July, a fourth decrease in five months.

Source: Canadian international merchandise trade, July 2025

 

Almost 1 in 10 children in Canada lived in a multigenerational household in 2021

According to the 2021 Census of Population, 441,750 (2.9%) private households in Canada were multigenerational in 2021, up from 406,645 in 2016 and 364,505 in 2001. Just under 2.4 million Canadians were living in a multigenerational household in 2021, over one-third of whom were children (905,000). In fact, nearly 1 in 10 children in Canada were living in a multigenerational family in 2021.

Source: Living under one roof: What the data say about multigenerational households in Canada

 

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