Canada's third-quarter annualized GDP surprises with growth of 2.6%
Yahoo Finance·2025-11-28 15:04

By Promit Mukherjee OTTAWA (Reuters) -Canada's economy grew at a much faster pace than expected in the third quarter as crude oil exports and government spending boosted economic activity, data showed on Friday,​ even as business investments and household consumption disappointed due to the lingering uncertainty over U.S. tariffs. Third-quarter ‌annualized gross domestic product grew 2.6%, Statistics Canada said, escaping what could have been a technical recession after a contraction in the previous ‌qua ...