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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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The Changing Face of Cancer: A New Hope for Patients

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Cancer is a disease that has affected millions of people worldwide. Over the years, there have been significant advancements in cancer research and treatment. These advancements have led to a change in the face of cancer. Today, cancer is no longer a death sentence, and people are living longer and healthier lives after being diagnosed with cancer.

In recent years, there has been a significant increase in the number of cancer survivors. This is due to the development of new treatments and therapies that are more effective in treating cancer. Additionally, there has been a greater emphasis on early detection and prevention, which has helped to reduce the number of cancer cases.

Despite these positive changes, there is still much work to be done. Cancer remains a significant health challenge, and more research is needed to find a cure. However, the progress that has been made in recent years is a cause for hope and optimism.

In conclusion, the face of cancer is changing, and it is changing for the better. With new treatments and therapies, as well as a greater emphasis on early detection and prevention, there is hope for a future where cancer is no longer a life-threatening disease. The fight against cancer is far from over, but the progress that has been made is a reason to be optimistic.


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