Canadian Economic Growth (May 2025)

Canadian real GDP decreased by 0.1 per cent in May, following a 0.1 per cent decrease in April. Service-producing industries remained unchanged, while goods-producing industries edged down by 0.1 per cent. Thirteen out of twenty major industries contracted from the previous month, led by broad-based

BC Monthly Real GDP Estimate for May 2025 & Preliminary Estimate for June 2025

The BCREA Nowcast estimate of provincial economic growth (expressed as year-over-year growth in real GDP) for May was 1.5 per cent, a rebound from just 0.7 per cent in April. For comparison, year-over-year growth in the Canadian economy in May was 1.2 per cent. Our preliminary estimate for June show

Canadian Retail Sales (May 2025) – July 24, 2025

Canadian retail sales decreased by 1.1 per cent to $69.2 billion in May compared to the previous month. Compared to the same time last year, retail sales were up by 4.9 per cent. Furthermore, core retail sales, which exclude gasoline and automobile items, were relatively unchanged month-over-month.