Q1 GDP Growth revised upward from -0.1% to 0.3%, while Q2 came in at 3.3% owing to strong exports and business investment.

August 28, 2026

Canada’s Economy Grows by 3.3% in Q2 as Q1 Was Revised Into Positive Territory Statistics Canada reported this morning that the Canadian economy grew at a whopping 3.3% pace in the second quarter, following an upwardly revised 0.3% in Q1 led by upward revisions to exports, particularly non-metallic minerals and energy products.  This wipes out the two quarters of negative […]

Canadian Inflation Rises to Highest Level Since 2023 on the Back of a Spike in Gasoline Prices

June 22, 2026

Canadian Inflation Rose to 3.2% in May as Core Inflation Remained Subdued Higher gasoline prices pushed Canadian inflation to a more than two-year high, while underlying inflation pressures showed little sign of accelerating, with core measures broadly unchanged and price gains less broad-based. Canada’s annual inflation rate rose to 3.2% in May, Statistics Canada reported Monday, marking its highest level […]

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