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Canada's economy shrank 0.3% in October 2025 due to declines in key sectors, despite stable unemployment.
Canada's economy contracted by 0.3% in October 2025, reversing a previous gain, as declines in manufacturing, construction, and transportation outweighed modest consumer spending growth.
Business investment and inventory reductions contributed to the downturn, while the unemployment rate held steady at 6.9%.
Analysts attribute the contraction to global headwinds and tight monetary policy, though some caution against overreacting to a single month's data.
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La economía de Canadá se contrajo un 0,3% en octubre de 2025 debido a la disminución de los sectores clave, a pesar del desempleo estable.