Canada's economy was 'surprisingly OK' to start 2026: economists
Canada's economy showed a rebound in the first few months of 2026, with real gross domestic product edging up 0.1 per cent in January. The gain was driven by strength in goods-producing industries, and economists expect the economy to continue growing moderately in the first quarter of the year.
Canada's economy rebounded in the first few months of 2026. Real gross domestic product edged up 0.1 per cent in January, driven by a 0.2 per cent expansion in goods-producing industries. Mining, quarrying, and oil and gas extraction grew 1.2 per cent in January. However, the manufacturing sector contracted 1.4 per cent. The economy is expected to continue growing moderately in the first quarter of 2026.
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