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Reading: Canada’s GDP Down 0.3% in August, Weak Q3 Growth Anticipated: StatCan
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canada’s-gdp-down-0.3%-in-august,-weak-q3-growth-anticipated:-statcan
Canada’s GDP Down 0.3% in August, Weak Q3 Growth Anticipated: StatCan

Canada’s GDP Down 0.3% in August, Weak Q3 Growth Anticipated: StatCan

Last updated: October 31, 2025 11:54 pm
By Jennifer Cowan
1 Min Read
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Canada’s GDP Down 0.3% in August, Weak Q3 Growth Anticipated: StatCan

Excavators work at Atlantic Gold Corporation’s Touquoy open pit gold mine in Nova Scotia in a file photo. Andrew Vaughan/The Canadian Press

Jennifer Cowan

10/31/2025|Updated: 10/31/2025

Canada’s real gross domestic product (GDP) saw a decline of 0.3 percent in August, and preliminary indicators suggest the economy registered little growth in the third quarter, according to a new report from Statistics Canada.

August marked the fifth decline this year for goods-producing industries, while the services sector experienced its first contraction in six months, the Oct. 31 report found.

Jennifer Cowan

Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.

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