The Daily Tuesday, August 31, 2021
Press Release
Gross domestic product, income and expenditure, second quarter 2021
Substantial declines in home resale activities and exports pushed real gross domestic product down 0.3% in the second quarter of 2021. This contrasted with three consecutive quarterly increases that followed the sharp decline (-11.3%) caused by pandemic-related business shutdowns and travel restrictions in the second quarter of 2020.
Gross domestic product by industry, June 2021
Real gross domestic product rose 0.7% in June, offsetting some of the declines in April and May, as 15 of 20 industrial sectors were up.
Farm cash receipts, January to June 2021
Farm cash receipts totalled $38.2 billion in the first half of 2021, up 12.4% from the same period in 2020. Higher crop (+$2.8 billion) and livestock (+$1.6 billion) receipts more than offset lower total direct payments (-$125.5 million).
Urban public transit, June 2021
In June, the number of urban transit passenger trips was up, following the gradual easing of COVID-19 restrictions in some provinces amid rising vaccination rates. Nevertheless, transit ridership remained historically low, at around one-third (35%) of June 2019 pre-pandemic levels.
Quarterly capital spending: Oil and gas industries, second quarter 2021
Capital expenditures in the oil and gas extraction industries rose 9.3% to $5.7 billion in the second quarter of 2021. This represents a 46.4% increase from the second quarter of 2020, when shutdowns and a deterioration in oil prices due to the pandemic heavily impacted investing activities.
Freight Rail Services Price Index, August 2021
The Freight Rail Services Price Index (2018=100) is now available for August.
Couriers and Messengers Services Price Index, July 2021
The Couriers and Messengers Services Price Index (2003=100) is now available for July.
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