The Daily Friday, August 28, 2020

Press Release

Gross domestic product, income and expenditure, second quarter 2020

Real gross domestic product fell 11.5% in the second quarter, following a 2.1% decline in the first quarter.

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Gross domestic product by industry, June 2020

Real gross domestic product grew 6.5% in June, the largest monthly increase since the series started in 1961.

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Weekly update: Canadian Economic Dashboard and COVID-19

The “Canadian Economic Dashboard and COVID-19” presents selected indicators to help monitor the impact of the pandemic on economic activity in Canada.

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Provisional death counts and excess mortality, January 2019 to June 2020

COVID-19 has had and continues to have a clear impact on communities and families across the country and many have lost family members and friends. To understand both the direct and indirect effects of the pandemic, it is important to measure excess mortality, which occurs when there are more deaths during a period of time than what would be expected for that period. It should be noted that, even without a pandemic, there is always some variation in the number of people who die in a given week from year to year. This means that what might be expected would mostly fall within a certain range of values.

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Farm cash receipts, second quarter 2020

Farm cash receipts totalled $16.7 billion in the second quarter, up 5.2% from the same period in 2019—despite the challenges posed by the pandemic. Higher crop receipts (+$1.3 billion) and total direct payments (+$187.2 million) more than offset a $628.9-million decrease in livestock receipts.

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Quarterly capital spending: Oil and gas industries, second quarter 2020

Capital expenditures in the oil and gas extraction industries, including spending on exploration and evaluation, declined 54% from the first quarter of 2020 to $3.9 billion. The decline is a result of the COVID-19 pandemic, combined with a deterioration in oil prices.

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Production and disposition of tobacco products, July 2020

Canadian manufacturers produced 1.8 billion cigarettes in July, up 1.5% from June. Cigarette production was 3.8% higher compared with July 2019.

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