G7 Beating: Canada Posts Fastest Economic Growth in Three Years

Canadian economy grows by 3.3% in Q2, its best performance since 2023 and highest among G7 countries.

The growth comes after Statistics Canada revised an earlier finding that the economy contracted by 0.1% in Q1 to a 0.3% increase.

This means Canada did not experience a technical recession, despite contracting by 1% in Q4 of 2025.

However, early indications are that July's economic numbers were flat due to uncertainty over trade negotiations between Canada and the US.