Ending the Year on Unsteady Ground
In this monthly report, we analyze the latest economic trends—including trade and employment—and provide a real-time forecast of Canada’s real GDP growth.
What does our nowcast model estimate for the Canadian economy in the fourth quarter of 2025? What were some of the trends in 20025q3 and will they carry over into 2025q4? What factors are causing near-term economic fragility? What are some of the key takeaways from Budget 2025 and how will they help boost economic activity?
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