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Money · Canada

Fall economic review pairs a second-quarter rebound with later job losses

Published by · · Toronto

Statistics Canada’s fall review, released October 28, reports that real GDP rose 0.8% in the second quarter of 2026, led by exports and household spending. Employment gains from May to July were followed by declines in August and September. This synthesis uses information available by October 9 and describes developments during the first half of 2026 and into the summer.

Why it matters

The review puts growth and employment in context while making its data cutoff clear.

Source dated October 28, 2026 · Statistics Canada ↗

Adapted from Statistics Canada, Recent developments in the Canadian economy: Fall 2026, first half and summer 2026; information available October 9, 2026, released October 28, 2026. This does not constitute an endorsement by Statistics Canada of this product.

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