European Investor
28 Aug 2026, 14:23
Canada’s Economy Accelerates Sharply in Q2
Canada’s economy expanded strongly in the second quarter of 2026, marking a significant acceleration from the weak growth seen at the start of the year.
GDP increased 0.8% quarter over quarter, up sharply from 0.1% previously. On an annualized basis, the economy grew 3.3%, just below the 3.4% forecast but far above the previous 0.3% pace.
The figures indicate that Canadian economic activity regained substantial momentum in Q2 after a near-stagnant start to 2026.
Canada’s economy expanded strongly in the second quarter of 2026, marking a significant acceleration from the weak growth seen at the start of the year.
GDP increased 0.8% quarter over quarter, up sharply from 0.1% previously. On an annualized basis, the economy grew 3.3%, just below the 3.4% forecast but far above the previous 0.3% pace.
The figures indicate that Canadian economic activity regained substantial momentum in Q2 after a near-stagnant start to 2026.
