Canada's Economy Shows Resilience Amid US Tariff Threats

Canada's economy has shown surprising resilience, beating expectations with a strong 3.3% growth in the second quarter. This growth is annualized and comes after the first quarter was revised higher.

The economy's performance was before new tariffs imposed by the US, which are expected to have a significant impact on Canadian trade.

Despite this, experts believe that growth will continue but at a much lower rate. The country's top banks, including RBC and TD Bank, share an optimistic outlook for Canada's economy, citing 'measured confidence'.