Canada's Q2 GDP Grows by 0.8% Driven by Exports and Investment
In the second quarter of 2026, Canada’s economy grew by 0.8%, rebounding from a revised 0.1% increase in the first quarter. The growth was fueled primarily by strong exports, household spending, and business capital investment. According to Statistics Canada, GDP rose by 0.3% month-over-month in June, following another 0.3% rise in May. The rebound highlights resilience in key economic sectors despite earlier sluggishness. Exports played a crucial role due to increased global demand for Canadian goods, while business investments also contributed significantly to the growth momentum.
Topics: Economic Growth Exports GDP Household Spending