{"id":951845,"date":"2026-10-30T11:48:10","date_gmt":"2026-10-30T11:48:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/951845\/"},"modified":"2026-10-30T11:48:10","modified_gmt":"2026-10-30T11:48:10","slug":"canadian-economy-expected-to-show-slight-growth-in-august","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/951845\/","title":{"rendered":"Canadian economy expected to show slight growth in August"},"content":{"rendered":"<p class=\"c-article-body__text text-pr-5\">Statistics Canada is set to release GDP figures for the month of August and its early estimate for September and the third quarter overall this morning. <\/p>\n<p class=\"c-article-body__text text-pr-5\">A Reuters poll of economists show they\u2019re predicting 0.2 per cent growth for August, which would mark a bounce from the no growth seen in July. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Some economists brushed off the muted growth in July because some of the month\u2019s declines were driven by one-off issues in the manufacturing and mining and quarrying sectors like production disruptions. <\/p>\n<p class=\"c-article-body__text text-pr-5\">But the August GDP figures will partly capture the impact of 50-per-cent U.S. <a href=\"https:\/\/www.theglobeandmail.com\/topics\/tariff\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/tariff\/\">tariffs<\/a> applied on a range of Canadian goods starting Aug. 22.<\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/business\/article-meet-business-owners-leaders-affected-by-the-trade-war\/\" rel=\"nofollow noopener\" target=\"_blank\">From flower farmers to cheesemakers, meet the business owners and leaders affected by the trade war<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">The tariff hit to the economy and the energy price shock from the war in the Middle East are being <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-boc-worried-trade-war-will-weigh-on-confidence-deliberations-show\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-boc-worried-trade-war-will-weigh-on-confidence-deliberations-show\/\">closely watched<\/a> by the <a href=\"https:\/\/www.theglobeandmail.com\/topics\/bank-of-canada\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/bank-of-canada\/\">Bank of Canada<\/a>.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The central bank <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-bank-of-canada-raises-interest-rate-october-2026\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-bank-of-canada-raises-interest-rate-october-2026\/\">hiked its benchmark interest rate<\/a> by a quarter-point this week to 2.5 per cent as it tries to get ahead of the risk higher energy prices spread beyond the gas pumps. <\/p>\n","protected":false},"excerpt":{"rendered":"Statistics Canada is set to release GDP figures for the month of August and its early estimate for&hellip;\n","protected":false},"author":2,"featured_media":951846,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[901,888,902,879,877,903,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,44,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-951845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-news","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/951845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=951845"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/951845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/951846"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=951845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=951845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=951845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}