Statistics Canada is reporting that in 2018 real gross domestic product (GDP) rose in all provinces and territories except Newfoundland and Labrador.

Nationally, real GDP grew 2.0%, after increasing 3.2% in 2017.

Increased exports from most regions and a modest rise in household spending contributed to the growth. These increases were partly offset by declines in business investment in non-residential construction resulting from the completion of major construction projects in several provinces and territories. This coincided with downward pressure on housing activity following the implementation of tightened mortgage rules and higher interest rates.

Full report is available from Statistics Canada »