Canada's economy contracted unexpectedly in fourth quarter of 2025

2026-02-27 - 14:33

Gross domestic product contracted ​at an annualized pace of 0.6 per cent in the quarter running from October to December, ​Statistics Canada said. The country's overall growth for 2025 was 1.7 per cent — in line with Bank of Canada expectations, but the slowest pace of annual growth since ​the decline in 2020.