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StatCan to release GDP figures for February and early estimate for Q1 today

Manufacturing and wholesale trade drove the gain, while public sector activity fell 0.3% and March data point to 1.7% annualized first-quarter growth.

  • On Thursday, Statistics Canada reported real GDP rose 0.2 percent in February, marking the fourth consecutive month of economic growth following a contraction in late 2025.
  • Manufacturing drove the February increase with a 1.8 percent gain, aided by Ontario auto assembly plants ramping up, though annual activity remained 3.1 percent lower due to United States trade threats.
  • Preliminary estimates suggest March GDP remained essentially flat, setting first-quarter annualized growth at 1.7 percent, while spectator sports activity declined during the NHL pause for the Olympics Games in Italy.
  • The 1.7 percent estimate exceeds the 1.5 percent annualized growth projected in The Bank of Canada's monetary policy report released Wednesday, signaling potential divergence in growth expectations.
  • Updated figures for March and the first quarter will be published at the end of May as the economy contends with uncertainty from the Middle East conflict and trade pressures.
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The Toronto StarThe Toronto Star
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Statistics Canada says real GDP rose 0.2 per cent in February

OTTAWA - Statistics Canada says the economy was growing for a fourth straight month in February, though there were signs momentum was fading toward the end of the first quarter.

·Toronto, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, April 30, 2026.
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