Economy shrank slightly in August with GDP falling 0.3%, StatCan says

Global NewsFriday, October 31, 2025 at 1:47:37 PM
Economy shrank slightly in August with GDP falling 0.3%, StatCan says
Statistics Canada reported that Canada's economy shrank by 0.3% in August, following a modest growth of 0.2% in July. This contraction raises concerns about the economic stability and potential challenges ahead for the country, as it reflects a downturn that could impact jobs and consumer spending.
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