Canada’s GDP Stagnates at 0%: A Win or a Worry?
The Canadian economy experienced a stall in November 2025, with GDP measured at zero percent, following a 0.3% drop in October. Declines in goods production, particularly in the manufacturing sector (down 1.3%), offset gains in services. This downturn was significantly impacted by U.S. tariff policies, especially on Canadian manufacturing exports, leading to uncertainty and a cautious approach from businesses. The trade war showed accelerated weakness in the manufacturing sector and led the Canadian Chamber of Commerce to expect little rebound in December.
John Q. Hosedrinker