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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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Trump Suggests Making Canada the 51st U.S. State: A Bold Proposal

 

In a recent statement, former President Donald Trump made waves by suggesting that Canada should become the 51st state of the United States. While speaking at a rally, Trump claimed that the idea of incorporating Canada into the U.S. was not just a passing thought, but a "real thing" he was considering.

The bold proposal has sparked immediate reactions, with many questioning its feasibility and implications. Critics point to the significant political, cultural, and economic differences between the two countries, which might make such an integration challenging. Supporters, however, see it as an opportunity for stronger economic ties and a unified front on the global stage.

Although Trump’s suggestion was likely meant to stir conversation, it raises important questions about the future of North American relations and the boundaries of national identity. Whether this idea gains any traction or remains a talking point in political circles, it has certainly captured the attention of many.

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