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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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Celebrating Women's Day: Honoring Achievements and Promoting Equality


International Women’s Day, celebrated annually on March 8th, is a global occasion to recognize the achievements of women throughout history while also advocating for gender equality. It is a day to reflect on the progress made, celebrate courage and determination, and highlight areas where further action is needed to create an equitable society for all.

The roots of Women’s Day trace back to the early 20th century, stemming from labor movements and women’s suffrage campaigns. Since then, it has grown into a worldwide movement. The day serves as a reminder of the importance of empowering women in all sectors, including education, politics, business, science, and the arts.

Each year, International Women’s Day has a theme that guides the discourse and activities. Themes often focus on breaking biases, celebrating diversity, and fostering an inclusive environment. From grassroots movements to major global initiatives, the day inspires communities and individuals alike to champion women’s rights and opportunities.

While progress has been made in areas like education and employment, challenges persist, such as pay gaps, underrepresentation in leadership roles, and issues surrounding violence and discrimination. Women’s Day encourages collective efforts to address these inequalities and create a brighter future.

Let us use this day not only to celebrate but also to commit to action—ensuring that gender parity becomes a reality. Together, we can honor the achievements of women past and present while paving the way for generations to come.



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