Canada's economy stalls for a second month, with September on track to shrink

Statistics Canada reported real GDP was flat for a second straight month in August twenty twenty-six, with early estimates pointing to a zero point one per cent contraction in September. The stalling output arrives alongside a five point three six billion dollar federal deficit and follows a Bank of Canada interest rate hike to two point five zero per cent. In this briefing, Ottawa commits up to one point six billion dollars to artificial intelligence firm Cohere, the Supreme Court orders a new trial in a fatal Vancouver crash, and Montreal's police chief promises unprecedented action over evidence tampering allegations.

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