Real gross domestic product increased in every province and territory in 2010, a rebound from the previous year when most provinces recorded declines or no gain.

Nationally, real GDP increased 3.2% after a 2.8% contraction in 2009.

Nationally, business investment increased in the three major categories of fixed capital: residential structures, non-residential structures as well as machinery and equipment.

Corporate profits rose 21% as commodity prices and overall demand increased.

Output in all major goods-producing industries and services-producing industries was up in 2010, while exports increased 6.4%.

The resource-based economies of Alberta, Saskatchewan and Newfoundland and Labrador recorded increases in real GDP above the national average.

Output rose 6.1% in Newfoundland and Labrador, the largest increase among the provinces.

In the territories, Nunavut recorded the largest increase, at 11%.