Economy

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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

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Employment (000's)8,2578,2308,1958,1998,1788,1838,2438,1848,0068,146
Net New Jobs (000's)16.9−27.5−34.63.437.65.859.2125.5242.0140.0
Net New Jobs (% change)0.2−0.3−0.40.00.50.10.71.63.11.7
Unemployment Rate (per cent)7.37.57.87.97.17.47.57.75.67.0
Average Weekly Wage Rate, nsa ($)1,3631,3611,3611,3741,3551,3691,3621,3641,2791,339
Average Weekly Wage Rate, nsa (% change)3.53.73.54.85.14.83.43.75.04.7
Employment Insurance Beneficiaries (regular)163,000164,800N/AN/A157,867159,207163,200196,240124,999154,097
Employment Insurance Beneficiaries (regular) (% change)0.71.1N/AN/A4.90.82.57.6−10.123.3

Consumers

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Retail Sales ($ millions)25,94326,094N/AN/A74,94677,17178,01168,509297,337300,838
Retail Sales (% change)−0.10.6N/AN/A1.43.01.13.90.71.2
New Motor Vehicle Sales, nsa (units)51,12877,907N/AN/A195,227180,512175,939175,939718,015764,392
New Motor Vehicle Sales, nsa (% change)−13.012.2N/AN/A1.36.10.90.911.96.5
Consumer Price Index (CPI), nsa165165165N/A163.3163.2164.1164.3158.7162.5
Consumer Price Index (CPI), nsa (% change)2.72.31.6N/A2.31.82.22.13.82.4

Housing

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Housing Starts (000's)  footnote 257.238.766.8N/A77.065.0N/A1.089.374.6
Housing Starts (% change)1.6−32.372.3N/A2.5−15.6N/A110.0−7.1−16.5
MLS Home Resales (units)11,69111,13211,254N/A41,38346,45536,54745,607168,773173,709
MLS Home Resales (% change)−14.8−4.81.1N/A2.212.3−21.3−20.0−12.42.9

Business

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Manufacturing Sales ($ millions)32,08231,753N/AN/A91,95792,48395,11392,728389,693371,638
Manufacturing Sales (% change)2.6−1.0N/AN/A−1.40.62.81.05.3−4.6
Internal Merchandise Exports, nsa ($ millions)   footnote 321,28624,28720,071N/A59,95166,60069,93190,001252,105252,418
International Merchandise Exports, nsa (% change)−1.913.6−6.7N/A−3.66.411.66.99.60.1
International Merchandise Imports, ($ millions)   footnote 337,11243,11539,043N/A117,373118,599117,685156,728457,930464,183
International Merchandise Imports, nsa (% change)3.88.3−1.0N/A1.02.67.65.33.21.4
Wholesale Trade ($ millions)47,70047,527N/AN/A137,331141,019142,557135,808546,362548,383
Wholesale Trade (% change)0.8−0.4N/AN/A1.02.71.16.211.40.4
Non-residential Building Permits ($ millions)1,6371,667N/AN/A6,8975,8505,0594,28021,32325,182
Non-residential Building Permits (% change)−6.71.8N/AN/A17.7−15.2−13.5−26.113.318.1
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, Ontario 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