world-economy

Canada's Economy Surges 3.3% in Q2 As Tariff Headwinds Ease

Canada's real gross domestic product expanded at a 3.3% pace during the second quarter, marking a decisive turnaround following a prolonged downturn driven by tariff pressures and immigration constraints.

The acceleration arrives as cross-border trade dynamics show signs of stabilization after months of uncertainty. Some freight market participants reported robust spot rate activity through the quarter, with momentum carrying into the third quarter.

The growth trajectory suggests sustained momentum in logistics demand through coming months, though cross-border tariff dynamics remain a factor shaping carrier and broker outlooks heading into the final half of the year.