GDP Grows But Businesses Pull Back | Toronto News

Canada’s GDP is projected to grow 2.7% in Q2 and 1.6% in Q3 of 2026, fueled by higher oil and gas prices—but behind the scenes, private investment is plummeting 6.3% in Q2 as small businesses reel from soaring capital equipment and tech costs, economic uncertainty, and a weaker dollar, with more closures than openings for the first time since the pandemic. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8deffdffc6ecb556