Current trends - Economic indicators

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Source: Statistics Canada tables 18-10-0004-13, 36-10-0434-01, 20-10-0072-01, 20-10-0008-01 and 14-10-0287-01

Mini-methodology & definitions

This data is from Statistics Canada and is collected on a monthly basis. All data points are seasonally adjusted except for the CPI.

The Consumer Price Index (CPI) represents changes in prices as experienced by Canadian consumers. It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers. The CPI is often used to measure inflation rates in Canada.
Gross Domestic Product (GDP) is the total value of the goods and services produced in the economic territory of a country or region during a given period.
Retail e-commerce sales are e-sales from both store retailers and non-store retailers included in electronic shopping and mail order houses. Retail e-commerce sales only include online sales made by Canadian retailers. Purchases made by Canadian consumers from foreign-based retailers are excluded.
Retail sales are the sales from establishments that are primarily engaged in retailing merchandise and rendering services incidental to the sale of merchandise. E-commerce sales are not included.
The unemployment rate is the number of unemployed persons expressed as a percentage of the labour force.

Key takeaways

Since early 2023, GDP growth for all industries has slowed down, though it remains positive.
The broadcasting sector continues to see fluctuations, but to a lesser extent than in 2020 to 2023. The telecom sector has seen steady, though modest, GDP growth in line with the economy as a whole since 2023.
Despite rising inflation, the price for Internet services declined overall, while cellular service prices fell even more steeply. Prices for video and audio subscription services, on the other hand, rose faster than the rate of inflation.
Retail sales have grown consistently since 2021, even as E-commerce sales experienced a slight decline in 2025, while the rate of unemployment has also continued to rise.

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