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    Monthly indicators, Québec and Canada

    Key seasonally adjusted economic indicators. Annualized levels.

    Québec

    Monthly indicators 2024 2025 2024 2025
         
        Year to date Sept. Oct. Nov. Dec. Jan.

    Real GDP at basic prices (2017 $M) 442 568   445 068 446 367 444 263    
    Real international merchandise exports (2017 $M) 93 034   94 250 91 295 96 477 93 896  
    Real international merchandise imports (2017 $M) 99 154   100 558 96 374 96 019 91 871  
    Housing starts (n) 48 713 67 949 40 654 53 009 63 645 51 034 67 949
    Residential building permits (current $M) 17 517   20 258 19 747 19 207 18 164  
    Non-residential building permits (current $M) 9 985   10 925 10 521 11 665 8 436  
    Sales of manufactured goods (current $M) 217 932   215 345 217 992 220 859 225 772  
    Wholesale sales (current $M) 207 078   205 576 206 599 206 305 210 781  
    Retail sales (current $M) 180 288   182 225 183 158 183 010 189 622  
    Average weekly earnings, including overtime (current $) 1 207.87   1 228.46 1 235.43 1 234.47 1 241.50  
    Labour force (K) 4 822.6 4 901.7 4 845.8 4 865.3 4 897.2 4 893.9 4 901.7
    Employment (K) 4 566.0 4 635.6 4 580.0 4 586.1 4 607.6 4 619.9 4 635.6
         Full-time (K) 3 726.7 3 782.2 3 752.8 3 778.3 3 793.2 3 801.5 3 782.2
         Part-time (K) 839.3 853.4 827.2 807.8 814.4 818.4 853.4
    Unemployment rate (%) 5.3 5.4 5.5 5.7 5.9 5.6 5.4
    Participation rate (%) 64.9 65.1 64.8 64.9 65.2 65.1 65.1
    Employment rate (%) 61.4 61.5 61.2 61.2 61.4 61.4 61.5
    Consumer price index, non-seasonally adjusted (2002=100) 157.2 157.6 157.4 157.9 157.8 157.5 157.6
    U.S. exchange rate in cents, non-seasonally adjusted 73.00 69.49 73.82 72.70 71.56 70.22 69.49

    Canada

    Monthly indicators 2024 2025 2024 2025
         
        Year to date Sept. Oct. Nov. Dec. Jan.

    Real GDP at basic prices (2017 $M) 2 266 023   2 276 020 2 283 430 2 277 856 2 283 094  
    Real international merchandise exports (2017 $M) 577 456   579 865 582 007 581 913 604 007  
    Real international merchandise imports (2017 $M) 603 582   607 542 598 937 593 792 585 182  
    Housing starts (n) 245 367 239 739 224 089 245 151 266 955 232 492 239 739
    Residential building permits (current $M) 89 859   92 936 94 823 88 792 107 601  
    Non-residential building permits (current $M) 53 778   63 347 55 767 53 299 50 153  
    Sales of manufactured goods (current $M) 847 234   832 759 848 137 854 310 857 264  
    Wholesale sales (current $M) 1 427 844   1 391 209 1 436 716 1 407 399 1 395 669  
    Retail sales (current $M) 803 061   807 261 813 341 814 665 835 057  
    Average weekly earnings, including overtime (current $) 1 260.50   1 277.70 1 284.24 1 285.61 1 290.82  
    Labour force (K) 22 134.8 22 484.0 22 237.6 22 259.0 22 367.0 22 422.8 22 484.0
    Employment (K) 20 730.5 20 993.4 20 779.3 20 782.6 20 826.4 20 917.4 20 993.4
         Full-time (K) 16 977.6 17 185.9 17 032.1 17 038.7 17 091.6 17 150.7 17 185.9
         Part-time (K) 3 753.0 3 807.5 3 747.2 3 743.9 3 734.8 3 766.6 3 807.5
    Unemployment rate (%) 6.3 6.6 6.6 6.6 6.9 6.7 6.6
    Participation rate (%) 65.5 65.5 65.2 65.2 65.4 65.4 65.5
    Employment rate (%) 61.3 61.1 61.0 60.8 60.9 61.0 61.1
    Consumer price index, non-seasonally adjusted (2002=100) 160.9 161.3 161.1 161.8 161.8 161.2 161.3
    U.S. exchange rate in cents, non-seasonally adjusted 73.00 69.49 73.82 72.70 71.56 70.22 69.49

      
    – The year-to-date levels represent the average of all observable annualized periods. When annual gross value and changes are available, they are presented.
    – Monthly and quarterly data on housing starts are seasonally adjusted independently; quarterly data do not correspond to the average of monthly data.
    – In April 2020, the CMHC's monthly survey was carried out in all Canadian provinces except Québec. As a result, the April 2020 data for Québec is not available and the April 2020 data for Canada excludes Québec.
    – Annual sales of manufactured goods are calculated from the monthly survey.
    – Numbers in bold have been revised since last Friday.
      
    Sources : Institut de la statistique du Québec,
                      Statistics Canada,
                      Mortgage and Housing Corporation (housing starts),
                      Bank of Canada (exchange rates).
     
    Update : February 28, 2025
    Symbols used in tables
    .. Data not available
    ... Not applicable
    Void or zero
    Negligible data
    p Preliminary data
    r Revised data
    e Estimated data
    x Confidential
    F Data unreliable
    n.e.s. Not elsewhere specified
    p.-y. Person-year
    f.t.e Full-time equivalent
    Per thousand
    kg Kilogramme
    l Liter
    n Number
    t Metric ton
    $ In dollars
    k and '000 In thousands
    M and '000 000 In millions
    G In billions
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