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Gross domestic product by industry, May 2021
Real gross domestic product (GDP) contracted 0.3% in May, following a 0.5% decline in April, and total economic activity was approximately 2% below February 2020's pre-pandemic level. Overall, 12 of 20 industrial sectors were down as both services-producing (-0.2%) and goods-producing industries (-0.4%) contracted. Preliminary information indicates an approximate 0.7% increase in real GDP for June. Growth in retail trade and accommodation and food services were influenced by the easing of public health measures in many provinces in June. There were also gains in manufacturing and mining, quarrying, and oil and gas ... (full story)