06:20 AM EDT, 10/16/2025 (MT Newswires) -- Manufacturing and wholesale volumes both fell in Canada in August, down 1.5% month over month and 1.3% month over month, respectively, said Bank of Montreal (BMO).

While wholesale is still up a sturdy 2.9% from a year ago, manufacturing volumes are now down 4.3% with declines across nondurables and autos.

With hours worked little changed, home sales modestly positive and retail sales volumes still pending, August gross domestic product is tracking roughly flat, noted the bank.

But, given an expected rebound in net exports after a nasty Q2, the economy is still on pace to claw out "modest" growth for all of Q3, stated BMO.

However, growth is clearly still struggling, pointed out the bank.