The Aporia
The Canadian Press. (2026, October 30). StatCan to release GDP data for August, early estimate for Q3 today. Toronto Star. https://www.thestar.com/business/statcan-to-release-gdp-data-for-august-early-estimate-for-q3-today/article_5224b749-58f0-5521-9ebb-c5b39357cb54.html
The Canadian Press. “StatCan to release GDP data for August, early estimate for Q3 today.” Toronto Star, 30 Oct. 2026, https://www.thestar.com/business/statcan-to-release-gdp-data-for-august-early-estimate-for-q3-today/article_5224b749-58f0-5521-9ebb-c5b39357cb54.html.
The Canadian Press. “StatCan to release GDP data for August, early estimate for Q3 today.” Toronto Star, October 30, 2026. https://www.thestar.com/business/statcan-to-release-gdp-data-for-august-early-estimate-for-q3-today/article_5224b749-58f0-5521-9ebb-c5b39357cb54.html.
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Statistics Canada reported that Canada’s economy stalled again in August, with real GDP essentially unchanged from July despite a rebound in retail trade. The agency noted declines in wholesale trade and public sector activity, particularly as work on the 2026 census was winding down. Economists had predicted a modest 0.2% growth for August based on polls by Reuters. However, StatsCan’s early estimates indicate that GDP declined slightly by 0.1% in September due to losses in manufacturing and mining sectors. This data reflects concerns over the impact of recent U.S. tariffs and higher energy prices on Canada's economic performance.