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Digital, G. (2026, October 30). Canada’s economy stalled again in August, StatCan says. Global News. https://globalnews.ca/news/12127155/canada-gdp-data-august-2026/
Digital, Globalnews. “Canada’s economy stalled again in August, StatCan says.” Global News, 30 Oct. 2026, https://globalnews.ca/news/12127155/canada-gdp-data-august-2026/.
Digital, Globalnews. “Canada’s economy stalled again in August, StatCan says.” Global News, October 30, 2026. https://globalnews.ca/news/12127155/canada-gdp-data-august-2026/.
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Statistics Canada reported on October 30 that Canada's economy stalled again in August, with real GDP essentially unchanged from July. Despite a rebound in retail trade, weakness in wholesale trade and public sector activity offset gains. Manufacturing output had grown in five of the last seven months but was insufficient to prevent stalling. Early estimates for September suggest a decline of 0.1% in GDP due to losses in manufacturing, mining, quarrying, and oil and gas extraction. Economists had predicted 0.2% growth for August prior to the release.