Canada's economy contracted by an annualized 1.6% in the second quarter of 2025, marking the most significant decline since the Covid-19 pandemic. This downturn reflects challenges in various sectors, including manufacturing and exports, amid global economic uncertainties. The contraction raises concerns about the country's economic resilience and potential policy responses to stimulate growth.
Canada's Economy Shrinks 1.6% in Q2, Largest Drop Since Pandemic
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