Canada avoids recession as GDP climbs in the 3rd quarter

Author's Summary

Canada's economy rebounded in Q3 as Statistics Canada reported rising exports and a sharp drop in imports, bolstering the trade balance and dodging recession—key data highlighting resilience amid prior slowdowns. (152 characters)

But the economy bounced back, as Statistics Canada says exports edged up as imports fell sharply, strengthening the national trade balance in the third quarter.

The recovery reflects improved trade dynamics, with modest export gains offsetting steep import declines to fortify Canada's overall economic position.

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Global News Global News — 2025-11-28

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