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flag Canada's economy shrank 0.3% in October 2025 due to declines in manufacturing, construction, and investment.

flag Canada's economy contracted by 0.3% in October 2025, reversing a 0.1% gain in September, according to Statistics Canada. flag The decline was driven by falling output in manufacturing, construction, and transportation, while consumer spending growth was insufficient to offset drops in business investment and inventories. flag The unemployment rate held steady at 6.9%, with services sector job gains balancing losses in goods-producing industries. flag Analysts attribute the contraction to global economic headwinds and tight monetary policy, though some caution against overreacting to a single month's data.

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