Canada's Economy Roars Back — GDP Surges 3.3% Statistics Canada just confirmed: Canada's Q2 GDP grew at an annualized rate of 3.3%, smashing expectations and putting recession fears firmly to rest. Growth was driven by strong exports and rising domestic investment — and Q1 figures were revised upward too. The Canadian dollar holds steady at 1.3882 vs USD, while Canada's Big Three bank stocks (RBC, TD, CIBC) are worth watching this morning. One economist put it bluntly: the re