"Fresh data from Statistics Canada on Friday suggests the economy was growing at a healthy clip in the second quarter and rumblings of a recession earlier in the year might've been overblown. Real gross domestic product rose 3.3 per cent in the second quarter, a tick lower than economists' expectations. That was the fastest quarterly pace of growth since early 2023, and topped the Bank of Canada's call for 2.5 per cent growth in the quarter..." (Lord, 2026)
Click here for the full article
Lord, Craig (August 28th) Economy grew 3.3% annualized in Q2 as StatCan revisions settle recession debate. Available from National Newswatch: https://nationalnewswatch.com/2026/08/28/economy-grew-3-3-annualized-in-q2-as-q1-figures-revised-higher-statcan
Published on September 3, 2026