Canada avoids recession as GDP climbs in the 3rd quarter
PositiveWorld Affairs

- Statistics Canada reported that Canada avoided a recession in the third quarter of 2025, with GDP growth exceeding the Bank of Canada's expectations for September. This positive economic performance indicates resilience in the face of potential downturns.
- The ability to sidestep a recession is significant for the Canadian economy, as it reflects the effectiveness of current fiscal policies and economic management under the Liberal government led by Prime Minister Mark Carney, especially during a time of global economic uncertainty.
- This development highlights ongoing discussions about economic productivity and affordability in Canada, as experts emphasize that enhancing productivity is crucial for addressing the affordability crisis and improving overall economic conditions.
— via World Pulse Now AI Editorial System





