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Canada’s economy shrinks more than expected in Q2 as exports slump
Canada’s economy contracted at a sharper pace than forecasted in the second quarter as exports pulled back in the face of US tariffs, Statistics Canada said on Friday. The economy shrank by 1.6% on an ... Read More
Canada's second-quarter GDP contracts, rate cut bets increase
OTTAWA, Aug 29 (Reuters) - Canada's economy contracted in the second quarter much more than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government ... Read More
Canada's second-quarter GDP shrinks as tariffs choke exports
Canada's economy contracted in the second quarter much more than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government spending cushioned the impact, ... Read More
Canada Economy Contracts in Second Quarter as Tariffs Sink Exports — 2nd Update
OTTAWA--Canada's economy was hit hard by the ramp up in tariffs in the latest quarter, when a slump in exports and drop in business investment led to the sharpest contraction in activity since early ... Read More
Canada's unemployment jumps to 7.1% in August, as tariffs curb business confidence
Canada had almost 1.6 million people unemployed in August as the economy lost thousands of jobs and its unemployment rate reached a nine-year peak barring the pandemic years, data showed on Friday, ... Read More
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