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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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Young-onset dementia: A growing public health concern in Canada

 

Young-onset dementia is a growing public health concern in Canada. According to the Alzheimer Society of Canada, the number of individuals impacted is projected to reach more than 40,000 people by 2050.

The diagnosis of dementia in individuals under the age of 65 is referred to as “young onset dementia” and poses unique challenges. Diagnoses are often delayed, and it’s tough to get workplace accommodations.

The reasons behind the rise of young-onset dementia in Canada are not yet fully understood. However, the latest landmark study by the Alzheimer’s Society of Canada suggests that a growing number of Canadians are developing dementia in their 60s, 50s, 40s, and even earlier. The study highlights that the initial diagnosis of young-onset dementia is often incorrect, leading to delayed diagnoses and missed opportunities for early intervention.


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