Economists flag Q3 downside as Canada’s GDP stalls in August
Published . Updated .
Three Bay Street analysts warn Q3 growth is tracking well short of the Bank of Canada’s forecast
Directly affected
- No company is named in this report.
Indirectly affected
- EWC iShares MSCI Canada ETF+2.1% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada
- EFA iShares MSCI EAFE ETF-2.2% 11d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada
- RY Royal Bank of Canada
Royal Bank of Canada (commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.
- BNS The Bank of Nova Scotia
The Bank of Nova Scotia (state commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.
- ENB Enbridge+4.0% 30d
Enbridge (pipe lines (no natural gas)) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.
- SU Suncor Energy
Suncor Energy (petroleum refining) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWC | -1.45% | -0.76% | base | -1.47% | after close | after close | after close |
| BWXNo price data for this ticker | — | — | — | — | — | — | — |
| EFANo price data for this ticker | — | — | — | — | — | — | — |
| RYNo price data for this ticker | — | — | — | — | — | — | — |
| BNS | -2.68% | -1.69% | base | -1.73% | after close | after close | after close |
| ENBNo price data for this ticker | — | — | — | — | — | — | — |
| SUNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Economists flag Q3 downside as Canada’s GDP stalls in August www.mpamag.com
Source: www.mpamag.com
How far Ishares Msci Canada Etf (EWC) has moved since 30 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of Nova Scotia (BNS) | that day | -1.73% | final price |
| Bank Of Nova Scotia (BNS) | three days earlier | -1.69% | final price |
| Bank Of Nova Scotia (BNS) | five days earlier | -2.68% | final price |
| Ishares Msci Canada Etf (EWC) | that day | -1.47% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | -0.76% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | -1.45% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold EFA (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Sheri Biggs bought Bank Of Nova Scotia (BNS) (held by a spouse), worth $500,001 - $1,000,000 on 1 Sep 2026. That is 59 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Sheri Biggs sold Bank Of Nova Scotia (BNS) (held by a spouse), worth $500,001 - $1,000,000 on 19 Aug 2026. That is 72 days before publication. Filed 22 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Msci Canada Etf (EWC)
Companies mentioned with this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Economists flag Q3 downside as Canada’s GDP stalls in August.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)
- RY Royal Bank Of Canada
In “Economists flag Q3 downside as Canada’s GDP stalls in August,” Royal Bank Of Canada (RY) is linked, with no stored direction, medium confidence. Reason on file: Royal Bank of Canada (commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares
- BNS Bank Of Nova Scotia
In “Economists flag Q3 downside as Canada’s GDP stalls in August,” Bank Of Nova Scotia (BNS) is linked, with no stored direction, medium confidence. Reason on file: The Bank of Nova Scotia (state commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares
- ENB Enbridge
In “Economists flag Q3 downside as Canada’s GDP stalls in August,” Enbridge (ENB) is linked, with no stored direction, medium confidence. Reason on file: Enbridge (pipe lines (no natural gas)) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares
- SU Suncor Energy
Suncor Energy (SU) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Economists flag Q3 downside as Canada’s GDP stalls in August.” Reason on file: Suncor Energy (petroleum refining) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares
How “Economists flag Q3 downside as Canada’s GDP stalls in August” reaches Ishares Msci Canada Etf (EWC)
Ishares Msci Canada Etf (EWC) is the company in “Economists flag Q3 downside as Canada’s GDP stalls in August,” the 30 Oct 2026 this story story.
The link for Ishares Msci Canada Etf (EWC) is this: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)
A second company, Royal Bank Of Canada (RY), is listed for a different reason: Royal Bank of Canada (commercial banks) is one of the largest Canada-based companies traded in the US, so news about Canada (“canada”) reaches its shares
Price levels for Ishares Msci Canada Etf (EWC)
BNS traded between 93.12 and 94.04 across 1 sessions. The latest close on file is 93.31. EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 61.52.
How strong the case is around Ishares Msci Canada Etf (EWC)
40 out of 100
“Economists flag Q3 downside as Canada’s GDP stalls in August” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.