The Investor
31 Jul 2026, 14:36
Canadian Economy Grows More Than Expected in June
Canada's economy expanded faster than expected in June, providing another sign of resilience despite elevated interest rates.
Monthly GDP rose 0.3% in June, exceeding economists' expectations of a 0.2% increase. The stronger-than-expected reading suggests economic activity gained momentum toward the end of the second quarter, supported by broad-based growth across the economy.
Canada's economy expanded faster than expected in June, providing another sign of resilience despite elevated interest rates.
Monthly GDP rose 0.3% in June, exceeding economists' expectations of a 0.2% increase. The stronger-than-expected reading suggests economic activity gained momentum toward the end of the second quarter, supported by broad-based growth across the economy.
