Canada’s economy beats Q3 expectations on strong oil exports, government outlays
## Canada’s Q3 Economic Growth Surpasses Expectations Canada’s economy expanded significantly faster than anticipated during the third quarter. This stronger growth was primarily fueled by a sharp increase in oil exports and larger government expenditures. ### Key Drivers of Growth - **Oil Exports:** A notable surge in oil exports boosted overall economic performance. - **Government Spending:** Increased government outlays contributed substantially to the economic acceleration. This robust performance exceeded analysts’ forecasts, reflecting the country’s capacity to capitalize on its natural resources and fiscal policy. > "Canada’s economy grew much faster than expected in the third quarter, driven by a surge in oil exports and government spending." *** Canada demonstrated stronger resilience in Q3 with growth driven by resource exports and government initiatives, highlighting key sectors supporting its economic momentum.

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invezz on MSN invezz on MSN — 2025-11-28

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