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| Reference period | GDP including adjustments | GDP excluding adjustments | Growth rate of GDP including adjustments | Growth rate of GDP excluding adjustments | Growth rate difference | CAN$/US$ | Change in exchange rate |
|---|---|---|---|---|---|---|---|
| chained (2002) dollars, seasonally adjusted at annual rates | exchange rate | percentage | |||||
| millions of dollars | percentage | ||||||
| First quarter, 2002 | 1,140,589 | 1,140,859 | 1.22 | 1.22 | 0.00 | 1.5944 | 0.89 |
| Second quarter, 2002 | 1,147,293 | 1,147,561 | 0.59 | 0.59 | 0.00 | 1.5542 | -2.52 |
| Third quarter, 2002 | 1,157,542 | 1,157,820 | 0.89 | 0.89 | 0.00 | 1.5632 | 0.58 |
| Fourth quarter, 2002 | 1,166,196 | 1,165,380 | 0.75 | 0.65 | 0.09 | 1.5695 | 0.40 |
| First quarter, 2003 | 1,171,246 | 1,169,582 | 0.43 | 0.36 | 0.07 | 1.5098 | -3.81 |
| Second quarter, 2003 | 1,169,756 | 1,166,187 | -0.13 | -0.29 | 0.16 | 1.3984 | -7.37 |
| Third quarter, 2003 | 1,173,426 | 1,169,747 | 0.31 | 0.31 | 0.01 | 1.3801 | -1.31 |
| Fourth quarter, 2003 | 1,183,940 | 1,180,675 | 0.90 | 0.93 | -0.04 | 1.3158 | -4.66 |
| First quarter, 2004 | 1,192,065 | 1,187,421 | 0.69 | 0.57 | 0.11 | 1.3178 | 0.15 |
| Second quarter, 2004 | 1,206,213 | 1,201,934 | 1.19 | 1.22 | -0.04 | 1.3595 | 3.17 |
| Third quarter, 2004 | 1,219,183 | 1,214,796 | 1.08 | 1.07 | 0.01 | 1.3072 | -3.85 |
| Fourth quarter, 2004 | 1,227,491 | 1,220,788 | 0.68 | 0.49 | 0.19 | 1.2207 | -6.61 |
| First quarter, 2005 | 1,229,861 | 1,223,481 | 0.19 | 0.22 | -0.03 | 1.2270 | 0.52 |
| Second quarter, 2005 | 1,238,674 | 1,232,662 | 0.72 | 0.75 | -0.03 | 1.2439 | 1.38 |
| Third quarter, 2005 | 1,251,251 | 1,243,558 | 1.02 | 0.88 | 0.13 | 1.2015 | -3.41 |
| Fourth quarter, 2005 | 1,264,467 | 1,256,276 | 1.06 | 1.02 | 0.03 | 1.1732 | -2.35 |
| First quarter, 2006 | 1,277,525 | 1,269,305 | 1.03 | 1.04 | 0.00 | 1.1545 | -1.59 |
| Second quarter, 2006 | 1,282,621 | 1,273,588 | 0.40 | 0.34 | 0.06 | 1.1224 | -2.79 |
| Third quarter, 2006 | 1,286,250 | 1,277,589 | 0.28 | 0.31 | -0.03 | 1.1212 | -0.10 |
| Fourth quarter, 2006 | 1,292,881 | 1,284,850 | 0.52 | 0.57 | -0.05 | 1.1393 | 1.61 |
| First quarter, 2007 | 1,305,843 | 1,297,894 | 1.00 | 1.02 | -0.01 | 1.1716 | 2.84 |
| Second quarter, 2007 | 1,318,339 | 1,307,820 | 0.96 | 0.76 | 0.19 | 1.0981 | -6.27 |
| Third quarter, 2007 | 1,325,934 | 1,314,289 | 0.58 | 0.49 | 0.08 | 1.0446 | -4.87 |
| Fourth quarter, 20071 | 1,328,606 | 1,315,533 | 0.20 | 0.09 | 0.11 | 0.9818 | -6.01 |
| First quarter, 2008 | 1,325,715 | 1,313,931 | -0.22 | -0.12 | -0.10 | 1.0041 | 2.27 |
| Second quarter, 2008 | 1,327,572 | 1,316,560 | 0.14 | 0.20 | -0.06 | 1.0100 | 0.59 |
| Third quarter, 2008 | 1,330,435 | 1,320,652 | 0.22 | 0.31 | -0.10 | 1.0418 | 3.15 |
| Fourth quarter, 2008 | 1,319,149 | 1,318,955 | -0.85 | -0.13 | -0.72 | 1.2125 | 16.38 |
| 1. During the fourth quarter of 2007, for example, there was an exchange rate appreciation of 6.01%. The combined export and import adjustment served to increase GDP growth by .11% during this period. | |||||||