EconomyCanadian economy rebounds sharply in Q2, but US tariffs cloud outlook
Canada’s economy grew at an annualised 3.3 percent in the second quarter, its fastest pace since 2023, as exports, consumer spending and business investment rebounded. Strong domestic demand suggests the economy was absorbing earlier US tariff pressures, but a new 50 percent US tariff and Canadian countermeasures have renewed uncertainty over future growth.
Canadian economy rebounds sharply in Q2, but US tariffs cloud outlook
Economy