Timing of BoC’s next rate hike in question after surprise stall in August GDP
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Economy on track for 1.3% annualized growth in third quarter, below forecasts
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Canada’s GDPEconomy on track for 1.3% annualized growthstalled for the second monthinAugust; 0.1% decline projected for Septemberthird quarter, below forecastsSee versions and fingerprints
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Economy on track for 1.3% annualized growthTiming of BoC’s next rate hike inthird quarter, below BoC forecastquestion after surprise stall in August GDPSee versions and fingerprints
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Canada’s GDP
was largely unchangedgrowth stalled for the second month inAugust after posting no growth in July; modest contractionAugust; 0.1% decline projected for SeptemberSee versions and fingerprints
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IncreasesCanada’s GDP was largely unchanged inretail, manufacturing and construction were largely offset by dropAugust after posting no growth inactivity in wholesale trade and public administrationJuly; modest contraction projected for SeptemberSee versions and fingerprints
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EconomicEconomy on track for 1.3% annualized growthstalls againinAugust, seen declining in Septemberthird quarter, below BoC forecastSee versions and fingerprints
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GDP figures will partly capture the impact of 50% U.S. tariffs on a range of Canadian goods starting Aug. 22Increases in retail, manufacturing and construction were largely offset by drop in activity in wholesale trade and public administrationSee versions and fingerprints
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Canadian economy expected to show slightEconomic growth stalls again inAugustAugust, seen declining in SeptemberSee versions and fingerprints
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- Source
- https://www.theglobeandmail.com/business/economy/article-canadian-economy-expected-to-show-slight-growth-in-august/
- Published
- 30/10/2026 09:45 UTC
- Captured
- 30/10/2026 09:54 UTC
- Changes detected
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