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Canada’s economy rebounds in Q3 with 2.6% growth [Investment Executive - News]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
The Canadian economy topped expectations with a sharp rebound in the third quarter as a stronger trade balance helped fuel the recovery from a tariff-driven contraction. Statistics Canada said Friday that real gross domestic product rose 2.6% on an annualized basis in the third quarter of 2025. That’s well above expectations from both the Bank of Canada and a poll of economists heading into the release for 0.5% annualized growth. The figures also mark a rebound from a contraction of 1.8% in real GDP for the second quarter as U.S. tariffs took hold on the Canadian economy. Those results were revised two tenths of a point lower from earlier Statistics Canada reports. BMO chief economist Doug Porter said in a note to clients Friday that while the headline growth rate was a pleasant surprise, the details were more mixed, with a pullback in imports driving the gain. Exports edged up 0.2% in the three months from July to September, coming off a steep drop of 7% from April to June as U.S Show less Read more
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