{"id":121260,"date":"2025-11-28T18:09:43","date_gmt":"2025-11-28T14:09:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121260"},"modified":"2025-11-28T18:09:47","modified_gmt":"2025-11-28T14:09:47","slug":"canadas-economy-rebounds-in-q3-with-2-6-annualized-growth","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canadas-economy-rebounds-in-q3-with-2-6-annualized-growth\/11\/28\/market-updates\/","title":{"rendered":"Canada\u2019s Economy Rebounds in Q3 With 2.6% Annualized Growth"},"content":{"rendered":"\n<p>Canada\u2019s economy returned to growth in the third quarter, expanding at a stronger-than-expected <strong>2.6% annualized pace<\/strong>, driven by a sharp improvement in the trade balance and an uptick in government capital spending, according to data released Friday by <strong>Statistics Canada<\/strong>.<\/p>\n\n\n\n<p>On a quarterly basis, <strong>real GDP grew 0.6%<\/strong> between July and September, reversing the <strong>0.5% contraction<\/strong> recorded in Q2 (revised from -1.6%). The rebound was largely powered by a combination of <strong>rising exports (+0.2%)<\/strong>, a <strong>2.2% drop in imports<\/strong>, and a <strong>2.9% increase in government capital investment<\/strong>. Business investment, however, was <strong>flat<\/strong>.<\/p>\n\n\n\n<p>Monthly data showed the economy grew <strong>0.2% in September<\/strong>, in line with analyst expectations. But momentum may be fading: Statistics Canada\u2019s early estimate suggests <strong>GDP likely contracted 0.3% in October<\/strong>, hinting at renewed weakness as the fourth quarter begins.<\/p>\n\n\n\n<p>Analysts surveyed by Reuters had expected just <strong>0.5% annualized growth<\/strong> for Q3, making today\u2019s report a meaningful upside surprise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s economy returned to growth in the third quarter, expanding at a stronger-than-expected 2.6% annualized pace, driven by a sharp improvement in the trade balance and an uptick in government capital spending, according to data released Friday by Statistics Canada. On a quarterly basis, real GDP grew 0.6% between July and September, reversing the 0.5% &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-121260","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121260"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121260\/revisions"}],"predecessor-version":[{"id":121263,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121260\/revisions\/121263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30908"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}