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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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Pecan Tassies

Pecan Tassies are delightful bite-sized treats that are perfect for any occasion. Here's a classic recipe :

Ingredients:

For the Pastry:

  •  1 cup butter, softened
  •  6 oz cream cheese, softened
  •  2 cups all-purpose flour


For the Filling:

  • 1 ½ cups packed brown sugar
  •  2 tablespoons melted butter
  •  2 large eggs
  •  1 teaspoon vanilla extract
  •  1 ½ cups chopped pecans


Instructions:

1.  Prepare the Pastry:

  •     In a large bowl, cream together the butter and cream cheese until smooth.
  •    Gradually add the flour and mix until a soft dough forms.
  •    Divide the dough into 1-inch balls. Press each ball into the bottom and up the sides of a mini muffin tin to form a cup shape.

2. Make the Filling:

  •    Preheat the oven to 350°F (175°C).
  •  In a medium bowl, mix together the brown sugar, melted butter, eggs, and vanilla until well combined.
  •    Stir in the chopped pecans.

3.  Assemble and Bake:

  •    Fill each pastry cup with about a teaspoon of the pecan filling mixture.
  •    Bake in the preheated oven for about 20-25 minutes, or until the filling is set and the pastry is       lightly browned.
  •    Allow the tassies to cool in the pan for a few minutes before removing them to a wire rack to        cool completely.

Enjoy your delicious Pecan Tassies! 

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