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Canada's Economy Just Grew 3.3% — Here's Why That Makes a September Rate Cut Even Less Likely

  Published August 29, 2026 If you've been holding out hope that a slowing economy might finally push the Bank of Canada toward a rate cut, Friday's numbers just closed that door a little further. Statistics Canada reported that the Canadian economy grew at an annualized pace of 3.3% in the second quarter — the fastest rate since 2023 — and revised figures show the first quarter expanded 0.3% rather than shrinking as originally reported. That confirms Canada never actually slid into a technical recession this year. It's good news for the economy. It's less good news if you were counting on lower borrowing costs anytime soon. What actually drove the growth The rebound was broad-based. Exports posted their strongest performance in 39 months, business investment in factories, equipment and commercial real estate jumped, and consumer spending held up as well. On a per-person basis, output grew at a 3.8% annualized clip — the quickest pace since late 2021, even with Canada...
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Unlocking the Full Potential of Your Reward Bucks: Strategies for Maximizing Rewards



Getting the most bang for your reward bucks requires a strategic and thoughtful approach. First and foremost, it's crucial to understand the rewards program you're enrolled in. Familiarize yourself with the rules, redemption options, and any special promotions or bonuses. By staying informed, you can take advantage of limited-time offers and optimize your earnings. Additionally, consider combining rewards from various sources, such as credit card points, airline miles, and loyalty programs from your favorite retailers. Pooling your rewards can result in more significant benefits and more attractive redemption options.


Another effective strategy is to be mindful of your spending habits. Focus on making everyday purchases through your rewards program to accumulate points or cashback quickly. However, it's essential to strike a balance and avoid unnecessary splurges solely for the sake of earning rewards. Always compare prices and consider whether you genuinely need a product or service before making a purchase. By making strategic choices, you can ensure that every dollar you spend contributes to building up your reward bucks.


Finally, stay flexible with your redemption choices. Some rewards programs offer higher value when redeemed for certain items or experiences. Be open to exploring various options, such as travel upgrades, gift cards, or even charitable donations. Additionally, keep an eye on any limited-time promotions or special offers that might allow you to stretch your reward bucks further. By maximizing the value of your rewards and staying informed, you can make the most out of your reward bucks and enjoy the benefits of your loyalty and smart spending choices.












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