As Canada approaches the end of 2025, economic experts are expressing concerns over a potential decline in GDP growth for the fourth quarter. This follows a period of stagnation in November, raising alarms about the country's economic trajectory amidst ongoing trade challenges, as analysts warn in the report.
Impact of Trade Uncertainties on Canada's GDP
Recent analysis suggests that the contraction in Canada's GDP growth can be largely attributed to trade uncertainties and tariffs imposed by the Trump Administration. These factors have created a challenging environment for Canadian businesses, leading to a slowdown in economic activity.
Statistics Canada’s Projections for 2025
Statistics Canada has released data indicating that the nation may be closing out 2025 on a weak note, with projections of a decline in real GDP growth. This comes after a modest recovery in the third quarter, highlighting the fragility of the current economic landscape and the potential for further downturns if trade issues persist.
India's Finance Minister recently unveiled the Economic Survey for 2025, highlighting the country's strong economic performance amidst global uncertainties. For more details, see read more.
