Stalled Growth in November Points to a Shrinking Canadian Economy

Ottawa, Saturday, 31 January 2026.
Canada’s economic engine stalled in November 2025, showing zero growth after a decline in October. This stagnation suggests the economy likely shrank during the fourth quarter, performing worse than the Bank of Canada predicted. While service sectors like retail managed a 1.3 percent rebound, they were overpowered by weakness in goods production. The most alarming data point is a 6.4 percent plunge in auto manufacturing, driven by a global semiconductor shortage. With the economy failing to expand for much of late 2025, this data highlights how trade uncertainty and supply chain issues are actively braking national growth.