Canada’s Economy Grew by 3.3 Percent Annualized in Second Quarter: StatCan
The Canadian economy saw high growth in the second quarter of 2026, increasing by 3.3 percent on an annualized rate and 0.8 percent compared to the first quarter. The GDP growth in the April-to-June period was helped by a 3.6 percent rise in exports, mostly due to higher exports of passenger cars and light trucks [...]
TL;DR
- Canadian economy grew by 3.3% annualized in the second quarter of 2026.
- Quarter-over-quarter growth was 0.8%.
- Exports increased by 3.6%, driven by vehicles and energy products.
- Housing investment, business investment, and household expenditures also contributed to growth.