In a significant reversal of fortunes, Canada's gross domestic product (GDP) recorded a solid growth of 2.6% in the third quarter of 2025, as per the latest data updated on November 28, 2025. This marks a strong comeback from the previous quarter's contraction of 1.8% and signals a hopeful economic rebound.
The quarter-over-quarter analysis illuminates the dramatic turnaround, with Q2's -1.8% growth reflecting a period of economic challenges. However, the Q3 figures suggest successful recovery efforts and adaptations by businesses and policymakers in Canada. The reversal is attributed to various strategic measures implemented to stimulate economic activity, as well as a possible resurgence in key sectors.
Economists and market watchers are optimistic that such positive growth not only underscores Canada's resilience but may also set a hopeful tone for the remaining quarter and beginning of 2026. The focus remains on maintaining this momentum to support sustained economic health and stability in the long term.