Canada avoids recession as GDP climbs in the 3rd quarter

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Posted November 28, 2025 8:41 am

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The Canadian economy managed to avoid a recession in the third quarter, according to the latest report from Statistics Canada, which says Gross Domestic Product, or GDP climbed 0.6 per cent on average from July through September.

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This follows the second quarter, which saw the economy’s productivity decline by 0.5 per cent on average from April through June.

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Most economists and financial analysts define a technical recession as two straight quarters where the economy shrinks.

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