Canadian Statistics Canada data shows that Canada's real Gross Domestic Product (GDP) in August stagnated, in line with preliminary estimates and market expectations. Driven by finance, insurance, and public administration, the service industry saw a slight growth of 0.1%, while the commodity industry declined by 0.4%, reaching its lowest level since December 2021.

The Statistics Canada estimates that Canada's GDP in September may grow by 0.3%, with the growth in finance, insurance, construction, and retail trade being offset by declines in mining, quarrying, as well as oil & gas extraction.