Canada’s GDP grew for 1st time in 4 months in July: StatCan

Global NewsFriday, September 26, 2025 at 1:08:55 PM
Canada’s GDP grew for 1st time in 4 months in July: StatCan
Canada's economy showed signs of recovery as its GDP grew for the first time in four months in July, surpassing expectations. This growth is significant as it comes after a challenging second quarter, where the GDP fell by 1.6 percent compared to the previous year. This positive trend could indicate a rebound in economic activity, which is crucial for the country's overall financial health.
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