Search results for Canada Economy

Canadian economy tracking 1.7% annualized growth in first quarter

The Canadian economy bounced back in the first quarter after a softer end to 2025, with growth driven by an expansion in goods-producing industries.

Canadian economy lost momentum as 2025 drew to a close: Statistics Canada

Manufacturing was one of the hardest-hit sectors of the economy

Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall

Prime Minister Mark Carney’s budget update keeps to his path of diversifying away from the United States.

Canadian GDP Grew, Most Industries Did Not—Credit Rises, While Jobs Fall

Canada’s economy is growing, but you’re forgiven if you didn’t notice—you probably work in the majority of industries that didn’t grow. Statistics Canada (StatCan) data reveals rea...

Canada Announces Investment Fund to Distance Economy From the U.S.

Prime Minister Mark Carney announced the Canada Strong Fund, which will focus on investments in the country’s infrastructure. The sovereign wealth fund seeks to make the Canadian e...

Canada: Imminent Recession?

The release of Q1 GDP pushed growth to a very slight negative number (-0.1% vs Bloomberg consensus +1.5% q/q AR), after a downwardly revised Q4 print. Lots of skeptical commentary...

Canada needs to invest $1.8 trillion over the next decade in six key sectors, says RBC

We're not the only country looking to build, and the global competition for capital is intense

The Canadian Carney-Val Continues: I Spy With My Little Eye a Syrupian Recession

Canada sidelined in USMCA renegotiations as domestic economy dips

Canada strengthens Chinese trade ties, seeking economic diversification amid growing US–Canada trade tensions

Canada swings to trade surplus for first time in six months

Soaring oil prices and gold push up value of exports, but economists warn of volatility ahead

These are the weak spots in the Canadian economy, RBC says

Royal Bank of Canada economist Abbey Xu said Canada’s economy maintained momentum in February as temporary January drags faded, with real GDP rising 0.2% in line with Statistics Ca...

Canada likely dodged recession as manufacturing regains momentum

Estimates suggest the economy grew in the first quarter, after contracting at end of 2025

Financial services sector helps Canadian corporate profits hit $209.9 billion

Tariff pressure hammers auto and lumber sectors even as oil, gold, and copper push overall earnings higher

Canada’s big banks react to GDP data revealing fragile momentum

January GDP edges higher, but economists point to patchy growth and improving Q1 outlook

Canada trims growth forecasts, posts smaller-than-expected deficit in spring statement

Canada's 2025/26 deficit came in at C$66.9bln, below the C$78.3bln Nov forecast. GDP growth trimmed to 1.1% for 2026. Tariffs seen keeping output 1.6% below pre-tariff path by 2029...

S&P Global Canada services PMI 47.2 versus 46.5 last month

Services activity declined, with the PMI at 47.2 (below 50 = contraction), though slightly improved from February at 46.5New business fell again, but the pace of decline eased to a...

Canada Q1 GDP -0.1% vs +1.5% expected

Prior was -0.6%GDP +0.0% q/q vs -0.2% priorMarch GDP -0.1% vs +0.0% expectedPrior +0.2%Full report hereReal gross domestic product was unchanged in the first quarter of 2026, after...

Canada launches sovereign wealth fund for major projects

Canada will create its first sovereign wealth fund to provide financing for large infrastructure projects and domestic companies, Prime Minister Mark Carney said, pledging to offer...

Canada swings to trade surplus as oil, gold exports jump

Canada posted its first trade surplus in six months due to surging exports of gold and oil in March as the Iran war drove up global uncertainty.

Carney’s pivot from U.S. is dependent on high gold, oil prices

Prime Minister Mark Carney set an ambitious target last year for the country to double its non-U.S. exports over the next decade, a goal that built on his election campaign pledge...

Canada's PM Carney indicates a move away from economic reliance on the U.S.

Canada's close economic ties with the U.S. are now a "weakness," not a strength, Prime Minister Mark Carney says. In a video address to the nation, he outlines plans to expand trad...

Canada pitches bank expansion in China, seeking to grow exports

Canada pitched expanding its financial services presence in the Chinese market as the northern nation aims to increase exports to its second-largest trading partner in a push to di...

Canadian travel plans will hold steady despite higher energy costs: survey

The Business Development Bank of Canada report found Canadians are prioritizing domestic travel this year to save money, which could inject billions of dollars into the economy.

Carney aims for building boom as Canada’s tax revenue rises

Prime Minister Mark Carney chose to spend a revenue windfall on measures to support building projects to boost exports, leaving Canada’s fiscal trajectory little changed.