Toronto, Canada, Feb 27, 2026 (AFP) - Canada economy contracts in final quarter of 2025

NAMPA / AFP

2026-02-27

Canada's economy contracted by 0.6 percent in the fourth quarter of 2025, capping a year of modest growth when exports to the United States were hindered by US President Donald Trump's tariffs. The contraction reported by Statistics Canada on Friday was slightly worse than predictions from analysts, who had forecast a 0.2 percent decline in Canada's GDP compared to the same period in 2024. The national statistics agency put overall annualized gro......

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