Canada’s economy rebounds in Q3 with 2.6% growth
Surprise bounceback may be shortlived, with early data for October looking weaker
- By: Craig Lord, The Canadian Press
- November 28, 2025 November 28, 2025
- 09:15
Surprise bounceback may be shortlived, with early data for October looking weaker
Measures meant to boost tariff-hit steel, lumber industries
Pipeline would be financed by the private sector and serve demand in Asia
Refinancing activity driving rise in originations, as pandemic era echoes
Nearly half of the spending was on social protection and health
Climate change risks cited as a top driver of growth in the space
One in 10 Canadians plan to buy a home in the next 12 months, Leger survey finds
There are reasons for optimism as central banks signal additional rate cuts, and governments move on from Washington reliance
The increase came as overall consumer debt totalled $2.62 trillion, up 3.4% from a year ago
For now, the U.S. job market appears stuck in a “low-hire, low-fire” state
The deficit is projected at $12.4B, down from $13.6B
Province had projected a $12M surplus in the spring
Survey finds 40% expecting to pass on tariff costs in year ahead
Concerns about high costs, slowing job market, are growing
New capital framework introduced 6 weeks before Budget 2025
Rise could push Q3 growth to 3%, but job market remains sluggish
Operating environment to remain solid, amid ongoing macro risks
Consolidated general government interest expenses rose 10.3% in 2024
New car sales dropped by 3.7% as overall spending weakens
Global exports climbed 3.7% in October
$1B critical minerals processing deal also in the works
Former diplomat predicts a 5% baseline tariff on Canadian products as part of a renegotiated trade deal with the U.S.