Category : Search result: third quarter GDP


Corus Q1 Loss Hits $11.1M, Revenue Down 18%

Canadian media giant Corus Entertainment posted an $11.1 million first-quarter loss as revenue fell 18%. The results highlight ongoing challenges in the broadcasting sector.

Deloitte Cuts Canada's 2026 GDP Forecast to 1.5%

Deloitte Canada revises its 2026 economic growth outlook downward, predicting a sluggish first half before a potential rebound. Read the full analysis and implications for interest rates.

Record $9.6M fine for Gulf of Mexico oil spill

U.S. authorities levy a historic $9.6 million penalty against Third Coast following a substantial oil spill in the Gulf of Mexico, highlighting ongoing environmental risks.

Goldeneyes Rally for 4-3 Victory Over Fleet

The Vancouver Goldeneyes mounted a stunning third-period comeback, scoring three goals to secure a 4-3 victory over the Fleet. Read the full game recap and analysis.

Quebec revisits Third Link project possibility

Quebec Transport Minister Geneviève Guilbault has reopened discussions on the long-debated Third Link project. Get the latest details on this potential infrastructure development for the Quebec City region.

Haitian asylum seekers deported from Quebec to U.S.

Several of the 19 Haitian migrants found crossing into Quebec on Christmas Day have been deported to the United States, where they risk ICE detention. Read the full details on the border incident and the Safe Third Country Agreement.

Slafkovsky named NHL's third star of the week

Montreal Canadiens forward Juraj Slafkovsky earned NHL Third Star honours after a five-point, two-game performance, capped by a last-second tying goal. Read about his breakout season.

Oilers Still Searching for Third-Line Identity

With the season nearing its midpoint, the Edmonton Oilers' bottom-six forward group remains a work in progress. Coach Kris Knoblauch's vision for a hard-nosed, checking third line has yet to materialize, a stark contrast to the established identity of the

U.S. GDP grows 4.3%, fastest pace in two years

The U.S. economy expanded at a 4.3% annualized rate in Q3 2025, its fastest growth in two years. Economists remain optimistic for 2026 despite current headwinds. Read the full analysis.

U.S. Economy Grows 4.3% in Q3 2025, Beats Forecasts

The U.S. economy expanded at a robust 4.3% annual rate in the third quarter of 2025, showcasing surprising strength. Discover the details and implications for cross-border trade and the Canadian economic outlook.

Canada's GDP shrinks 0.3% in October

Statistics Canada reports a 0.3% economic contraction in October, driven by manufacturing declines and service sector strikes. A preliminary estimate shows a slight 0.1% rebound in November.

Stanley Park seawall closed due to slide

A section of Vancouver's Stanley Park seawall is closed after a slide Sunday night between Prospect Point and Third Beach. Park officials urge the public to avoid the area.

Air Transat Q4 loss amid shareholder board shakeup calls

Air Transat reports a $12.5 million net loss for Q4, a 130% year-over-year decline, as major shareholder Pierre Karl Péladeau pushes for a board restructuring. Key financial details and the upcoming shareholder meeting.

SAQ reports $336.5M Q2 net income, down 0.4%

The Société des alcools du Québec reports a slight year-over-year decline in second-quarter net income to $336.5 million. Explore the financial details and context for the provincial crown corporation.

Air Transat reports $12.5M net loss in fourth quarter

Air Transat announced a net loss of $12.5 million for its fourth quarter, despite generating $771.6 million in revenue. The Montreal-based airline continues to navigate post-pandemic recovery challenges.

Holiday Spending to Give Canadian Economy $11B Boost

Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.

Per-Capita GDP Improves for First Time Since 2022

A key measure of Canadian living standards, per-capita GDP, is set to rise in 2025, ending a three-year decline. RBC economists cite slowing population growth and improving underlying economic conditions.

Third-party investigation launched into Halifax Water finances

Halifax Water has initiated an independent, third-party investigation following serious allegations of financial irregularities within the utility. The probe, announced in December 2025, aims to ensure transparency and accountability for Nova Scotia ratep

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