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Institut de la statistique du Québec
Institut de la statistique du Québec
Québec flag
Institut de la statistique du Québec

Quarterly indicators, Québec and Canada

Key seasonally adjusted economic indicators. Annualized levels.

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Québec
Quarterly economic accounts 2025 2026 2025 2026
     
    Year to date II III IV I II
Aggregates in chained $M (2017)
GDP at market prices 486,997 488,479 486,088 486,650 486,265 487,968 488,989
Final domestic demand 520,530 523,404 520,955 518,843 522,124 521,974 524,834
     Household final consumption expenditure 289,055 291,642 289,708 288,259 290,001 290,622 292,662
     General governments final consumption expenditure 121,040 121,144 121,172 120,657 121,448 120,711 121,576
     Business gross fixed capital formation 78,447 77,995 78,332 77,637 77,829 77,935 78,055
     General governments gross fixed capital formation 23,100 23,477 22,891 23,449 24,013 23,566 23,388
Exports of goods and services 209,912 209,262 207,213 208,426 208,739 206,223 212,300
Imports of goods and services 240,381 239,980 243,253 238,182 237,335 238,584 241,375
Aggregates in current $M
GDP at market prices 646,015 664,466 640,981 649,229 655,672 660,975 667,956
Compensation of employees 347,570 356,392 344,479 349,944 351,025 354,069 358,714
Net operating surplus of corporations 82,126 86,369 81,243 82,080 84,772 87,320 85,418
Net mixed income 48,645 50,125 47,953 49,191 50,255 49,770 50,480
Household disposable income 358,748 369,506 353,678 362,686 362,131 366,791 372,220
Household net saving 28,133 27,496 25,115 31,410 26,906 26,954 28,038
  
Other indicators 2025 2026 2025 2026
     
    Year to date III IV I II III
Real GDP at basic prices (2017 $M) 450,300 451,671 450,035 449,684 451,199 452,143  
Real international merchandise exports (2017 $M) 89,553 87,104 85,689 87,759 85,248 87,566  
Real international merchandise imports (2017 $M) 105,916 107,827 106,377 104,070 105,931 108,962  
Housing starts (n) 59,864 59,376 59,724 63,292 58,799 50,801  
Residential building permits (current $M) 20,093 22,570 19,255 20,956 22,817 23,016  
Non-residential building permits (current $M) 9,074 9,995 9,663 8,202 8,895 10,630  
Sales of manufactured goods (current $M) 221,192 236,043 222,633 222,727 227,397 242,227  
Wholesale sales (current $M) 207,897 215,641 209,888 205,364 212,068 218,922  
Retail sales (current $M) 186,907 192,569 188,762 187,995 191,436 193,250  
Average weekly earnings, including overtime (current $) 1,256.59 1,282.62 1,266.33 1,265.65 1,275.85 1,290.25  
Labour force (K) 4,921.1 4,877.1 4,917.2 4,913.9 4,903.7 4,871.4 4,856.1
Employment (K) 4,644.8 4,601.9 4,637.2 4,656.7 4,634.8 4,592.6 4,578.4
     Full-time (K) 3,781.3 3,710.3 3,780.0 3,765.7 3,732.5 3,690.2 3,708.0
     Part-time (K) 863.5 891.6 857.2 890.9 902.3 902.3 870.4
Unemployment rate (%) 5.6 5.6 5.7 5.2 5.5 5.7 5.7
Participation rate (%) 64.9 64.3 64.7 64.6 64.6 48.2 64.1
Employment rate (%) 61.3 60.7 61.0 61.3 61.0 60.6 60.4
Consumer price index, non-seasonally adjusted (2002=100) 161.0 165.2 162.0 162.7 163.2 166.0  
U.S. exchange rate in cents, non-seasonally adjusted 71.54 72.22 72.59 71.69 72.91 72.27 71.49

Canada
Quarterly economic accounts 2025 2026 2025 2026
     
    Year to date II III IV I II
Aggregates in chained $M (2017)
GDP at market prices 2,501,835 2,513,866 2,495,975 2,507,754 2,501,573 2,503,604 2,524,127
Final domestic demand 2,544,310 2,572,594 2,547,329 2,544,037 2,561,069 2,560,392 2,584,796
     Household final consumption expenditure 1,424,316 1,448,744 1,427,042 1,424,133 1,434,309 1,442,798 1,454,690
     General governments final consumption expenditure 553,824 558,690 555,911 552,929 556,099 555,998 561,381
     Business gross fixed capital formation 426,012 423,203 427,047 425,599 423,783 418,414 427,991
     General governments gross fixed capital formation 102,395 104,882 99,718 103,366 109,202 106,413 103,351
Exports of goods and services 741,192 757,039 722,137 729,419 741,277 743,715 770,362
Imports of goods and services 799,004 816,924 810,182 787,118 791,010 815,810 818,037
Aggregates in current $M              
GDP at market prices 3,245,257 3,383,106 3,211,260 3,260,736 3,284,580 3,328,492 3,437,720
Compensation of employees 1,629,309 1,679,168 1,619,164 1,636,488 1,647,776 1,666,936 1,691,400
Net operating surplus of corporations 461,195 524,496 444,344 463,288 475,264 487,660 561,332
Net mixed income 308,158 317,768 303,808 312,476 318,900 315,024 320,512
Household disposable income 1,786,079 1,840,884 1,775,844 1,790,264 1,801,452 1,821,552 1,860,216
Household net saving 78,853 64,398 75,888 78,988 67,220 60,876 67,920
  
Other indicators 2025 2026 2025 2026
     
    Year to date III IV I II III
Real GDP at basic prices (2017 $M) 2,332,869 2,355,121 2,339,339 2,337,993 2,341,300 2,363,393  
Real international merchandise exports (2017 $M) 571,072 579,472 560,748 568,322 561,574 586,431  
Real international merchandise imports (2017 $M) 610,075 628,642 601,080 602,952 622,611 632,265  
Housing starts (n) 259,028 243,813 272,634 256,081 244,549 245,856  
Residential building permits (current $M) 92,334 93,377 88,042 94,095 96,652 92,391  
Non-residential building permits (current $M) 57,205 63,155 55,871 60,034 59,176 68,261  
Sales of manufactured goods (current $M) 851,752 906,923 852,896 855,308 860,301 941,020  
Wholesale sales (current $M) 1,413,476 1,586,420 1,419,614 1,402,826 1,478,548 1,673,911  
Retail sales (current $M) 843,630 876,292 843,896 847,227 865,721 884,175  
Average weekly earnings, including overtime (current $) 1,302.82 1,336.37 1,308.90 1,313.72 1,327.91 1,341.20  
Labour force (K) 22,567.6 22,599.0 22,576.9 22,650.6 22,565.6 22,604.3 22,627.2
Employment (K) 21,028.7 21,110.8 20,994.9 21,121.8 21,070.0 21,098.3 21,164.2
     Full-time (K) 17,194.8 17,283.0 17,188.0 17,247.1 17,252.0 17,271.3 17,325.9
     Part-time (K) 3,833.9 3,827.8 3,807.0 3,874.8 3,818.0 3,827.0 3,838.4
Unemployment rate (%) 6.8 6.6 7.0 6.7 6.6 6.7 6.5
Participation rate (%) 65.3 65.0 65.2 65.3 65.0 65.0 65.0
Employment rate (%) 60.8 60.7 60.6 60.9 60.7 60.7 60.8
Consumer price index, non-seasonally adjusted (2002=100) 164.2 168.1 164.9 165.2 166.1 168.9  
U.S. exchange rate in cents, non-seasonally adjusted 71.54 72.22 72.59 71.69 72.91 72.27 71.49
  
– The year-to-date levels represent the average of all observable annualized periods. When annual gross value and changes are available, they are presented.
– Due to more frequent updating, the quarterly economic accounts data may differ from those published by Statistics Canada in the Provincial and Territorial Economic Accounts.
– 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 : October 9, 2026
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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