world-economy

Canada's Economy Expands 3.3% in Q2 Following Tariff-Driven Slowdown

Canada's gross domestic product grew at a 3.3% pace in the second quarter, marking a significant acceleration following a prolonged economic slowdown. The rebound reflects renewed strength in exports and business investment after more than a year of headwinds from tariff disputes and immigration challenges.

Exports of goods and services rebounded notably, while capital investment by businesses picked up momentum. The growth comes after a difficult period when cross-border trade tensions and demographic pressures weighed on economic activity.

Analysts attribute the turnaround to improved business confidence as companies respond to better market conditions and reduced policy uncertainty affecting North American commerce.