Economy

ItemMonthly:
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Year
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Annual:
2024
Real Gross Domestic Product ($2017 millions)  footnote 1948,226954,297N/A947,006932,757947,006
Real Gross Domestic Product (% change)0.40.6N/A1.51.71.5
Current Dollar Gross Domestic Product ($ millions)   footnote 11,183,8791,204,079N/A1,178,0921,119,5451,178,092
Current Dollar Gross Domestic Product (% change)1.11.7N/A5.25.45.2

Employment

ItemMonthly:
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Quarterly:
2024 Q3
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Year
to Date*
Annual:
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Annual:
2024
Employment (000's)8,2408,2578,2308,1958,1788,1838,2438,1598,0068,146
Net New Jobs (000's)39.016.9−27.5−34.637.65.859.2144.6242.0140.0
Net New Jobs (% change)0.50.2−0.3−0.40.50.10.71.83.11.7
Unemployment Rate (per cent)7.67.37.57.87.17.47.57.65.67.0
Average Weekly Wage Rate, nsa ($)1,3621,3631,3611,3611,3551,3691,3621,3621,2791,339
Average Weekly Wage Rate, nsa (% change)2.93.53.73.55.14.83.43.45.04.7
Employment Insurance Beneficiaries (regular)160,430162,620N/AN/A157,867159,207N/A191,205124,999154,097
Employment Insurance Beneficiaries (regular) (% change)−0.11.4N/AN/A4.90.8N/A6.5−10.123.3

Consumers

ItemMonthly:
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2024
Retail Sales ($ millions)25,94925,940N/AN/A74,94677,171N/A43,558297,337300,838
Retail Sales (% change)−1.20.0N/AN/A1.43.0N/A3.00.71.2
New Motor Vehicle Sales, nsa (units)46,90451,128N/AN/A195,227180,512N/A98,032718,015764,392
New Motor Vehicle Sales, nsa (% change)1.7−13.0N/AN/A1.36.1N/A−6.611.96.5
Consumer Price Index (CPI), nsa162.6164.6165.1N/A163.3163.2164.1164.1158.7162.5
Consumer Price Index (CPI), nsa (% change)1.72.72.3N/A2.31.82.22.23.82.4

Housing

ItemMonthly:
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Year
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Annual:
2023
Annual:
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Housing Starts (000's)  footnote 256.257.039.0N/A77.065.0N/A1.089.374.6
Housing Starts (% change)−13.11.3−31.5N/A2.5−15.6N/A110.0−7.1−16.5
MLS Home Resales (units)13,70111,69810,870N/A41,40146,37736,26931,062168,445173,482
MLS Home Resales (% change)−5.1−14.6−7.1N/A2.512.0−21.8−20.7−12.43.0

Business

ItemMonthly:
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2023
Annual:
2024
Manufacturing Sales ($ millions)31,06732,001N/AN/A90,85792,022N/A59,383388,465368,972
Manufacturing Sales (% change)1.63.0N/AN/A−1.81.3N/A−1.25.4−5.0
Internal Merchandise Exports, nsa ($ millions)   footnote 324,35721,27624,437N/A59,95166,60070,07070,070252,105252,418
International Merchandise Exports, nsa (% change)24.2−1.914.3N/A−3.66.411.811.89.60.1
International Merchandise Imports, ($ millions)   footnote 337,62037,08642,558N/A117,373118,599117,263117,263457,930464,183
International Merchandise Imports, nsa (% change)11.33.76.9N/A1.02.67.27.23.21.4
Wholesale Trade ($ millions)47,31347,577N/AN/A137,331141,045N/A86,293546,362548,383
Wholesale Trade (% change)0.30.6N/AN/A1.02.7N/A4.411.40.4
Non-residential Building Permits ($ millions)1,7551,673N/AN/A7,0855,936N/A2,60521,32324,817
Non-residential Building Permits (% change)−6.0−4.7N/AN/A27.0−16.2N/A−22.713.316.4
Private and Public Investment ($ millions)110,613116,413
Private and Public Investment (% change)17.05.2

Notes

All monthly and quarterly data are seasonally adjusted unless otherwise specified with nsa "." Per cent change for seasonally unadjusted (nsa) data is calculated on a year-to-year basis.

Sources: Statistics Canada, 澳门永利 Ministry of Finance, Canada Mortgage and Housing Corporation and Canadian Real Estate Association.

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Ministry of Finance
Economic Analysis Unit
Macroeconomics and Revenue Branch
Office of Economic Policy
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95 Grosvenor Street
Toronto ON M7A 1Z1
416-325-0755