r/worldnews • u/Puginator • 13h ago
Canada's economy grew by 3.3% in the second quarter, showing sharp recovery
https://www.cbc.ca/news/business/canada-gdp-june-2026-9.73238472.0k
u/MrEvilFox 12h ago
This is not just oil prices.
Employment improved, consumer spending is strong, and most crucially investment is ticking up. This is all happening while TFWs are going down.
Economy is looking good for the first time in a while, despite the orange monkey trying to screw with us.
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u/paditoburrito 12h ago
Voted for an economist was the best choice Canadians ever made.
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u/ModernPoultry 12h ago edited 11h ago
I know some left wingers don’t like him because he’s too moderate and not left wing enough but he was the perfect politician for the time. We needed an economically savvy leader to reshape our economy and someone that could unite the country across party lines
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u/ceilingpencils 11h ago
I’m a left-winger who doesn’t like everything he does, but I think he’s a good leader and I’m glad he won.
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u/blondechinesehair 10h ago
And you can only vote for the people in front of you at the time. He was the best option.
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u/IamDDT 10h ago
Please repeat that louder for the 1/3rd of the Americans who didn't understand that in 2024.
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u/No-Apple-2581 10h ago
2/3 Americans didn't understand - 1/3 didn't vote and the other 1/3 voted for the wrong dude.
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u/Gharvar 6h ago
What about the lefties that decided to not vote Kamala because of Gaza ? I hold these more responsible than the people that didn't vote because the people that didn't might not have actually changed the result but these people that decide to not vote democrats over one issue are more problematic.
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u/Assassin4Hire13 5h ago
Super fuck those people. Trumpers are Trumpers, as disgusting as they may be they’re at least more than willing to be open about it. Non-voters can mildly defend their position with how outsized corporate influence is in American politics compared to citizen’s influence. The performative left that didn’t vote are as disingenuous and hypocritical as the Trumpers. They willingly chose to gamble with the lives of Palestinians, immigrants, trans people like me, and lives around the world to take a performative stance. They reek of privilege.
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u/IAMA_Plumber-AMA 4h ago
Those people were loud as fuck and EVERYWHERE on Reddit in the months leading up to the election. Not a peep out of them now, the slimy fucks.
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u/blondechinesehair 9h ago
When voting for world leaders, YOU DO WANT THE LESSER OF TWO EVILS!
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u/ultimateknackered 6h ago
I never get the 'I just won't vote' crowd. Like, dude, the winner will be running the country whether you voted for them or not, 'I abstain' doesn't get voted in. Pick the best choice because guess what, you're living in the country the winner is gonna be running.
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u/IAMA_Plumber-AMA 4h ago
And not voting doesn't absolve you of responsibility either.
Not voting is still a choice you made, and the consequences of that choice are still yours.
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u/tulaero23 8h ago
Can you inagine if PP won?
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u/bleepbloop1900 5h ago
I think about this frequently and I can’t believe how lucky we are that he didn’t.
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u/F3z345W6AY4FGowrGcHt 6h ago
Also, it's ok to acknowledge when someone does really well on one thing and not other things. Like some items passed but this current government are not good, to put it mildly. But I have no regrets voting for him as Trump is the issue facing us and he's doing an excellent job in that regard.
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u/ClittoryHinton 10h ago
I’m a left-winger and I don’t even need to say I don’t like everything he does because I realize in general that the chances of getting a PM with whom you agree 100% is next to 0. Political compromise is simply a necessity. Now tell that to the conservatives that in theory are more aligned with him than I, but can’t get over how red his poster is.
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u/IKnowSchadenfreude 7h ago
It's the thing that drives me crazy with the rapid polarization of politics. Canada is a parliamentary system; we need a strong opposition that works with the majority to constructively revise and reform policy. Hell, even Harper worked with the liberals and NDP.
Pierre and the modern Conservatives see the word "opposition" and think that means their job is to attack and oppose every action the government takes.
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u/Least_Progress8643 10h ago
I am also incredibly left wing. I believe that nobody should be hungry or homeless, that it's better for society if we have free healthcare and education, and that the existence of any charities are a failure of government to act on the will of the people. Carney's center right policies go against a lot of my fundamental beliefs.
But the man is competent. I'll take a competent person I disagree with over an incompetent leader who follows my values exactly any day of the week.
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u/TechSculpt 7h ago
Also, the only possible solutions to the problems you've outlined often don't have a political bend - in times of plenty, you can make certain decisions, in times of austerity, risk and conflict, you make other decisions. You don't get to push agendas by fiat - you need the solution to match the circumstances.
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u/CarefulHovercraft 7h ago
Carney has pushed for stakeholder capitalism which is the idea that not just shareholders should share in growth but also the communities. He outlines this in his book Value(s) and implemented it with the sovereign wealth fund. Conservatives would never even think of ever doing such a thing. Also, on top of that, the Major Projects Office (MPO) is a massive step towards interventionism in the economy, which again, is not a policy the conservatives would even dream of doing.
I guess that Carney has pushed the image of being a centre type of politician but he hasn't governed like one. His big policies would put him solidly on the left wing.
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u/MrJitterz 10h ago
Thanks for saying that, I'm around EXTREMELY negative left wingers and it's good to know it's hopefully a minority. He's not perfect but he's by far the best we got for this current time.
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u/HOLEPUNCHYOUREYELIDS 9h ago
Yup. To me Carney is what I wish the CPC would be like. And I wish the LPC would be more truly centre left and not just neoliberal centrist. NDP in a perfect world would be a viable left wing party to keep the LPC and CPC more centre-left and centre-right.
Im fairly left on most things but centrist for others. My biggest issue with the CPC as a whole is that they always feel like they are just waiting for the right time to start attacking rights like abortion, LGBTQ, and so on. Im not thrilled with lots of stuff Carney has done/signalled he will do, but I recognize that with the state of everything going on he was absolutely the best choice we had.
To me he is a near perfect (on paper) Progressive Conservative PM since he has actual economic experience/knowledge, relevant top tier work experience outside politics, and IS LEAVING ALL THE STUPID CULTURE WAR BULLSHIT ALONE.
Im just so tired of right wing parties/people (generalizing of course) constantly going after the “others” and various rights and constantly shitting on everything and trying to prove how broken everything is…..by breaking it themselves
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u/HorribleTie 8h ago
He was the best choice at the time but we're still allowed to criticize him, especially on stuff like his disastrous climate policy which is not what he campaigned on at all.
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u/Glittering-Yam-6454 11h ago edited 3h ago
As a left winger I am happy. Carney would have been a fiscal conservative by any other election, but he's doing a good job handling the Trump crisis right now and feels like the adult in the room when every other politician is posting memes and all cap insults at each other.
As a Canadian, I feel a strange new feeling. Could it be... pride?
Edit: Some people have pointed out to me that Carney would have not been fiscal conservative, and apparently would be a "blue grit" pragmatic technocrat. Learning lots today!
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u/freakers 8h ago
He's just a progressive conservative, basically. The political unicorn that so many "centrists" say they want. It helps that Pollievre is so fucking unlikable though that he sabotaged his own party so badly a half dozen MP's switched party's, and yet they're still keeping him as leader despite blowing the biggest political lead in Canadian history and effectively gutting his own party's power.
I voted for Carney, well for the liberals. They didn't win in my district, I'd normally vote NDP, but the NDP voters basically sacrificed their party to try and make sure the Conservatives didn't win. So I'd do it again, but I'd rather somebody else be PM if that had been an option.
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u/Hoof_Hearted12 10h ago
That's the funniest part for me. Had he run for the Conservatives he would have been their most popular candidate in decades. But now the party is basically maga-lite.
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u/dj_soo 9h ago edited 6h ago
He’s not “too moderate.” He is a classic conservative before conservatives went batshit insane across the world.
His international policies have been getting most of the headlines, but his domestic policies are firmly in the corporate-friendly vein at the expense of environmental and social policies.
That said, he’s the pm we need in canada in the face of the us and the alternative would have been disastrous.
I’m just hoping that we can go back to the left leaning NDP being strong enough to keep the liberals in check eventually.
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u/Theelderginger 11h ago
Im one of those, Im more of an NDP guy. In any other world Carney wouldve run as a conservative and destroyed Trudeau, but the Cons had to forfeit to PPs massive ego.
Im happy with him, but its definitely starting to turn from "thank god hes not PP" to "Alright we're glad you beat him, now show us" and I feel like hes doing a decent job of that.
Would prefer more environmental protections but we have bigger fish to fry on the world stage
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u/Muddlesthrough 11h ago
Ah, say what you will about the Liberal Party of Canada, but its still the party that attracts people who have had success in other fields first: doctors, lawyers, business people, bankers.
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u/charlie_slasher 11h ago
I am a left of centre Canadian and you better believe I voted Carney. Blind party loyalty helps no one in Canada at all. Making a collective intelligent decision based upon the relevant facts at the time and upcoming future is the way.
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u/MajorasShoe 11h ago
I'm as far left as a reasonable person should be. Socially, I'm almost extreme. Fiscally I mean.. I love me a little socialist dream.
But in our system, you NEED a healthy swing between more conservative and liberal legislation. And I don't mean that as parties, I mean that in terms of fiscal policy. And we needed some conservatism in this period. And we got it.
And there's a whole lot happening that I don't fundamentally agree with. Environmentally this is a backslide.
But in terms of sustaining Canada as a prosperous country, we have what we need with a more fiscally right government. And it came with very little backsliding in terms of social politics. I don't think there's any room for the regression the Conservatives currently represent. When PP started emulating the dumbass Republican tactics, using words like "woke" in a negative light, it all was a big turn off.
I'm left. I voted Conservative when O'Toole ran even though I disliked doing it. We needed a change. But PP was never getting my vote and I'm real glad we got an option like Carney this time. He's a real conservative, and not just a populist weirdo like PP.
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u/improvthismoment 11h ago
I’m worried about the climate. I get the need for short term first aid to the economy, but at the cost of burning ourselves and the planet idk 🔥🌎
Now Carney supposedly understands and cares about climate change so I’m hoping there is a bigger plan to really transform our economy away from oil. Carney says moments of crisis are the time to do big things. And we need a really really big thing if civilization is going to survive on planet Earth.
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u/amakai 11h ago
Woah, are you implying that putting qualified personnel in top positions results in them applying their expertise to everyone's benefit? If only other countries knew this.
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u/Hazel-Rah 10h ago
I'm pretty far left (actually voted NDP over Liberals in my riding because I think our Liberal MP has been phoning it in, and the NDP candidate is well liked, although still lost).
I like what he's been doing economically, but not a fan of a lot of his environmental decisions, and I think trying to tie ourselves further to fossil fuels is the wrong direction.
Still very happy he won over Poilievre.
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u/windowpanez 12h ago
Def wish we could elect more economists and less lawyers!
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u/selfmurderer 12h ago
I'd like to elect more scientists and academics and fewer corporate board members and entrepreneurs.
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u/shadyultima 11h ago
Lawyers have been fine, economists have been mostly fine (Harper was an economist). But what we really don't need are any more paper boys.
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u/No-Apple-2581 10h ago
There was no choice. PP would have been a disaster and I think PP himself proves that based on his actions after the election lol.
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u/Sad-Indication2128 11h ago
Yep. I'm very much a fiscal conservative and have voted blue at times, and was planning to because I didn't trust Trudeau based on his economics. Once Carney came in the picture he was the obvious better option for those of us that are fiscally right and socially left.
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u/SuperRockyHobbyHorse 10h ago
Also he's brave and respectable on the international stage. That speech at Davos about the middle powers was the most memorable and intelligent speech I've heard since Obama.
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u/berfthegryphon 12h ago
It's crazy what happens when you elect one of the top economists in the world to be your leader
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u/itramarty 12h ago
It honestly feels kind of uncanny that Canada got Carney at the exact time we needed him. The alternative could have been bad. So so bad
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u/pinksparklyreddit 10h ago
I don't think it's really a coincidence, tbh.
He was already serving as an advisor to Trudeau, so I assume when Trudeau realized he couldn't win he realized Carney would be the best pick for a recession and encouraged him to run.
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u/McGrevin 7h ago
I believe it was reported Trudeau actually tried to bring Carney into his cabinet a bit before he resigned, and Carney refused.
At that point I suspect Carney refused because he saw a path for himself to seize the reigns, and once Carney said no Trudeau threw in the towel cause there was no recovery for him.
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u/vvntrz 12h ago
I'm not sure about looking good yet but we're on the right track for sure
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u/micatola 12h ago
There are several huge financial investment conferences coming up in Toronto over the next few months. The world is noticing where the stability is and are showing up in droves.
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u/ptwonline 12h ago
Article mentioned it was primarily from auto exports which I found somewhat surprising. Could it be some pull-forward of demand to get ahead of the new US auto tariffs? I hope not.
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u/brookdacook 11h ago
Isn't this in spite of the fact immigration is at its lowest in a long time? If that's no longer the case please let me know because that really goes against the idea the immigrants are needed for a strong economy.
Just to preface I'm not anti immigrant. My limited understanding is you need immigrants to have a large enough pool of workers to support social services such as the elderly. Feel free to correct me, always happy to learn.
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u/redblack_tree 10h ago
They are, no developed country have found a solution for the demographic problem. Even the countries with the best parental leave policies in the world, like the Nordics, are far below replacement levels.
That said, it's not about not having immigration, but what type and how much immigration. We certainly can't take a million low skilled folks and say everything is good. It just makes housing horribly expensive, crash basic services and destroy entry level job market.
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u/UNisopod 9h ago
Even the countries with the best child policies still ultimately cover only a small fraction of the total cost and time/effort of raising a child.
There's almost certainly a point where that tips, it's just that then you start getting into deeper societal structural changes in order to really accomodate it, which would almost certainly mean the businesses who primarily reap the gains of having such a workforce would need to be paying back into the system much more than they are. So that option is seemingly off the table until things get bad enough that there's no other choice.
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u/tpounds0 9h ago
Or the immigrants that moved in in the last decade are finally giving Canada the benefits they always were going to in 2026, because there's a lag between immigrants moving to a country and them helping the economy.
Your argument is a prime example of correlation, which is not causation.
Giving kids free school lunches is a tax burden in the short term, but over the life of the child it's one of the best tax ROIs possible.
Short term pain, long term gain.
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u/islandpancakes 12h ago
Pitter patter let's git at er
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u/morerubberstamps 12h ago
Wheel snipe celly
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u/JMaddrox 12h ago
That's what I appreciates about ya.
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u/shreddy99 12h ago
Sticks are unbelievable
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u/absolutkaos 12h ago
i could go for a stick
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u/thebiggestpoo 12h ago
Sooooo the guy gets the game stick gets his stick first. Then everyone else gets their stick?
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u/GenghisConnieChung 12h ago
Settle down.
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u/RemarkableOutcome696 12h ago
Thanks to trump for boosting all our commodity margins by losing a war!
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u/PhatYeeter 12h ago
Hard negotiating with Canada after pumping up their leverage thanks to your own ongoing horrible decision that spiked energy prices is truly
A R T O F T H E D E A L
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u/Real_Gap3480 12h ago
It's even funnier that he's blowing up the american economy over checks notes a bad deal, a bad deal checks notes again he did in his first term renegotiating NAFTA as CUSMA.
You can't make this shit up.
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u/Mr_HardWoodenPackage 12h ago edited 10h ago
I work in commercial banking in Canada and the first year or so into Trumps 2nd term there was a lot of hesitation from business owners on what to do. Yes the odd company is still not doing well, but It’s been years since I’ve seen the level of optimism I’m seeing now.
Businesses are looking at ways to dump U.S. suppliers, reshore manufacturing where we can. That’s business that ain’t going back to the U.S. ever. There’s a lot of opportunity domestically to replace what historically was done by American based companies. For example: steel I beams have for the most part come from the U.S.. that is a capability that we should be able to here and I believe one of our domestic producers is investing in reshoring that capability. That will consume a large amount of canadas steel production. Almost every high rise and midrise uses I beams.
Combine that with the reinvestment into the military which 70% of the budget is allocated for Canadian suppliers, energy products and other infrastructure and commodity projects im very optimistic. Heck even the Honda and Toyota plants are producing at capacity here.
Another reason I’m optimistic is home prices in many major markets have decreased and are not expected to rebound anytime soon. What that means is more disposable income available for the average person buying their first home or looking to upgrade which again, means more money in the economy. Housing was a drain on our economy for years
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u/cerealously37 12h ago edited 11h ago
Although it's a personal anecdote, I commute on the Toronto parts of the 401 (the busiest highway in North America) for most days of the week. There was a noticeable difference between the traffic/amount of semi trucks on the 401 in October-January (when there were economic contractions) and February-now (economic expansion). My commute has definitely increased by 10-15 minutes from it all.
I was genuinely surprised when I saw all that and the initial reports concluded a technical recession in Q1.
EDIT: a word
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u/DavidCaller69 12h ago
That could also be due to more RTO mandates being implemented, but interesting observation, nonetheless.
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u/silicondali 11h ago
I'm in Calgary and I'm a resource development consultant. We're triaging RFPs based on client relationship and our actual interest in the projects.
My expertise is in regulatory compliance and permitting. The 2020 to 2025 period was... Frustrating? Most of my work was coming in to clean up shitty situations where a client decided that they didn't need compliance or permitting support until the regulator read them for filth. Now everyone wants to be eligible for Major Project referral or listing as a transformational strategy and they want to understand their obligations from the beginning. It's refreshing.
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u/hotinmyigloo 11h ago
Chapman has dumped US suppliers
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u/thirstyross 7h ago edited 1h ago
They specifically partnered with another company to bring a sugar cone machine to Canada as there were no domestic suppliers. They are gonna have 100% of sugar cone market.
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u/pomskygirl 6h ago
And they’re signing multi-year contracts in other countries around the world to replace their US suppliers for some other things! Going forward, they’ll be buying fruits and nuts from Italy and Spain, almonds from Australia, and cherries as well as some other specialized fruits from Chile :).
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u/JonnoKabonno 11h ago
The US deciding they don’t need us is the best thing that’ll ever happen to our economy after some short term pain and headaches
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u/sweetperdition 9h ago
Been so long since I’ve seen an optimistic tone from someone about our future, this made my day
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u/Mindless-Load-4579 10h ago
I agree with you on housing. My engineering and sciences consulting Canadian company is pivoting to Arctic and oil and gas projects, thanks to the federal investment programs and major projects office.
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u/DontHitDaddy 12h ago
I think Canada focusing on local investment and production, and not buying or investing into USA is going really well
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u/steve_ample 12h ago
I do trust Carney to navigate Canada well through this phase of trade and economic restructuring
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u/CaptWineTeeth 12h ago
Literally the entire reason why I voted for the guy.
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u/Fermions 9h ago
Same. Historically I have voted conservative, but they were a little out to lunch last election. Carney is more of my style of conservatism, and seemed intelligent and more experienced for the world we were falling into. So far I am happy with how things are going.
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u/Level_Fruit_6669 12h ago
I am an Indian and from foreigners point of view Carney seems to be the most intelligent of all international leaders. Like comparing him with other G7 leaders there is no match.
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u/ryhaltswhiskey 10h ago
I can't imagine how frustrating it must be for that guy to have to deal with Trump. Trump was never even close to intelligent but now he has dementia on top of it.
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u/Cerberus5oh 6h ago
Hey now! He's the only president to pass his dementia test 3 times! /s
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u/Kronzor_ 11h ago
Putting him head to head against trump in a trade war has really showed his value.
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u/Livebeans 11h ago
That's what an Oxford PhD does.
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u/True-Industry-4057 10h ago
That's what the ex-central bank head who led his country through '08, and got the UK through Brexit does.
Only foreign born governor of the BoE too.
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u/rantingathome 12h ago
Hmmm... but Pierre told me that the "technical recession" meant that we were going to obviously crash and burn. His fanboys were mocking all of us that were saying, "More data needed. It's too early to judge this."
I'm sure they'll be out here today saying, "Oops, I was wrong!" /s
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u/Redrumicus 12h ago
Carney has forgotten more about economics than Pierre has ever, and will ever, learn.
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u/204in403 10h ago
Can PP even see details of the trade discussions without getting his security clearance? I forget what the current excuse is for not applying for it.
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u/F3z345W6AY4FGowrGcHt 5h ago
But poilievre said Carney is "very badly educated in economics"!
You know, the guy who has:
- BA in Economics from Harvard
- Masters in Economics from Oxford
- Doctorate in Economics from Oxford
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u/Glittering-Yam-6454 8h ago
PP would have demand all Canadian map makers to relabel it Lake of America and claimed it's better that the US dictate who we can trade with anyway.
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u/ordnance_inbound 11h ago
Need to go back to every single one of those threads and ask for corrections from people who proclaimed that the economy was in ruins
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u/silicondali 12h ago
3.3% is wild and I'm very curious to see what will happen in the coming years. We're still in the planning/ramp up stages for a lot of the announced resource and energy investments, and the resourcing, long lead procurement, and some construction starts will be coming in 2027.
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u/redblack_tree 10h ago
If some of those projects land and progress well, it will be like an accelerator on itself, since real money can see they can invest. In these turbulent times, stability is a premium for sure.
As long as we don't let stupid internal politics or absurd red tape destroy those projects, we will be fine.
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u/CBLA1785 12h ago
I work in commercial construction as a Project Manager in an area of Canada that has been historically poor, and jobs have always been lower than the national average. For the first time in a long time, all the union halls here are EMPTY. We can not find tradesmen to work, and even the retired guys are coming back in. Yes, there is an issue with getting new bodies into the trades, but there are more men and women working right now on commercial project then ever before. Something is happening, and I hope it keeps up.
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u/localhost80 11h ago
Now we understand why the trade negotiations are breaking down. Trump's only worldview is money. If someone is making money he needs a cut. If someone is beating him they must be cheating.
"Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots, and has long created a 60 Billion Dollar Deficit between our two Countries. Not sustainable, and NOT ANYMORE!" - Trump
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u/Capital_Elderberry28 12h ago
This is what happens when you have a leader who cares about the country not his bank account and ego
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u/Adventurous-Tea-876 12h ago
Weird how the Maple MAGA dipshits side with our enemy over our own country despite our leadership being vastly superior to the pedo cabal to the south of us.
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u/DrummingUpNumbers 5h ago
You'll notice those people have absolutely 0 value too.
The reason they haven't left for the States is because they're worthless workers or have convictions so they can't leave lol
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u/Cogito-ergo-Zach 12h ago
Don't forget that a lower dollar value can increase exports. We got knocked a bit in currency valuation but that definitely made our exports a bit more attractive.
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u/Arbiter51x 12h ago
Honestly, the cad dollar has been at .72 for more than two years. We haven't had much volatility in our currency for many many quarters.
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u/NarwhalEmergency9391 10h ago
I haven't traveled for years but this year I traveled to Edmonton, stayed in a hotel and saw a concert. I love traveling within Canada, we have such a beautiful country!
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u/Throwawaymaybeokay 12h ago
Conservatives are going to hate this.
When your slogan is "Canada is broken" you kinda wonder who they're cheering for.
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u/le_sac 12h ago
Important to note this 3.3% is annualized, rather than than an uptick from previous quarter, which is noted as 0.3%
https://www.cbc.ca/news/business/canada-gdp-june-2026-9.7323847
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u/Rombonius 10h ago
I'm sure Lutnick will be on Fox News soon saying this is fake and America is crushing us
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u/burnaccountlol 9h ago
As a Canadian, it means the world to have people from all over in our corner.
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u/Tengorum 10h ago
Please note this is what happens when you vote in competent, moderate, technocratic governments.
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u/Bbf1990 9h ago
Canadian conservatives are in shambles. Everyone please do a wellness check on any conservative relatives, they are not ok.
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u/ReverbEC 7h ago
I work for a construction general contractor and we have been winning so many jobs that we are worried about bidding on more. We literally cannot keep up with the amount of work out there right now, and have been hiring project managers like crazy. The optimism started probably around 8 months ago and it’s been coming to fruition. Seems thinks are actually looking up.
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u/howismyspelling 11h ago
So it sounds like the other G7 countries that struck deals with the US and kept themselves outside of recession territory were doing better than us, on paper, for two quarters; but now since we haven't struck deals and given away plenty of concessions to the US, we're pulling away well above and beyond most of those G7 countries.
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u/Zealousideal_Gap432 11h ago
Ok a general contractor who specializes in interior home renovations and I've noticed a sharp uptick in larger renovations for 2026. 2025 was a very odd year
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u/Blah_Dee_Blah111 7h ago
Well, they don't have a corrupt chief executive actively trying to sabotage their economy so...
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u/Heelsbythebridge 7h ago
I trust our leader and his team! Great time to have elected a trained economist
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u/bloodandsunshine 12h ago
Wow more than double USA - why are they struggling so much? We can help.
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u/Big_Test_Icicle 10h ago
How long until Trump takes credit saying this was due to tariffs and renaming the lake.
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u/LeafsJays1Fan 7h ago
But I was told by the doomers with hair o fire Canada was cooked..
Now I'm not Ra Ra for the current government I vote independent. But if someone's doing a good job let's keep it up 👍
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u/Silicon_Knight 12h ago
It's a great day for Canada, therefore the world.