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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 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.