The Daily Friday, August 29, 2025
Press Release
August 29, 2025
Gross domestic product, income and expenditure, second quarter 2025
Real gross domestic product declined 0.4% in the second quarter of 2025, following a 0.5% gain in the first quarter. The contraction in the second quarter was driven by significant declines in the export of goods, as well as decreased business investment in machinery and equipment.
Gross domestic product by industry, June 2025
Real gross domestic product edged down 0.1% in June, contracting for a third consecutive month.
Farm cash receipts, January to June, 2025
Farm cash receipts in Canada totalled $49.6 billion in the first two quarters, up $1.6 billion (+3.3%) from the same period in 2024. Receipts for livestock (+$2.1 billion) rose in the first two quarters of 2025, while program payments (-$584.5 million) declined. Crop receipts (+$80.2 million) were practically unchanged (+0.3%) compared with the same period one year earlier.
Food services and drinking places, June 2025
Total sales in the food services and drinking places subsector increased 0.3% in June to $8.5 billion.
For-hire Motor Carrier Freight Services Price Index, second quarter 2025
The For-hire Motor Carrier Freight Services Price Index (2021=100) is now available for the second quarter.
Couriers and Messengers Services Price Index, July 2025
The Couriers and Messengers Services Price Index (2019=100) is now available for July.
Freight Rail Services Price Index, August 2025
Data for August for the Freight Rail Services Price Index (2018=100) are now available.
Machinery and Equipment Price Index, June 2025
The Machinery and Equipment Price Index (2016=100) is now available for June.
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