Canada’s Economy Grows Strongly, Though Tariff Uncertainty Casts Shadow

OTTAWA—Canada’s economy notched the strongest growth in years in the second quarter thanks to a surge in exports and strong domestic demand, though the escalation in the trade war with the U.S. casts fresh doubt on how durable the rebound will prove.

Gross domestic product increased at an annualized rate of 3.3% in the April-to-June period, the strongest expansion since the first quarter of 2023, Statistics Canada said Friday.