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Strong Q2 Growth Amid Trade Uncertainty | Toronto News
The economy surged in Q2 2026 with GDP up 0.8%, driven by booming exports, stronger consumer spending, and business investment—despite a shrinking population that boosted per capita GDP by 1%. Auto exports led the charge, while households spent more on vehicles and mutual funds, even as gas and food costs dampened some categories. But looming trade tensions, including new U.S. tariffs and possible Canadian retaliation, threaten to derail growth next year. Economists warn this uncertainty could offset momentum, though it won’t sway the Bank of Canada’s interest rate stance anytime soon. Listen…
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