Exports of gold and crude oil helped drive results
The decline reflected weak demand and decreasing energy prices
The goods deficit narrowed in December while trade stayed in surplus for the full year
Trade deficit returned in November, StatsCan data show
Second consecutive monthly export decline
The value of exports hit an all-time high in May
Rising energy prices helped boost value of global commerce
Canada’s trade deficit totalled $1.9 billion in January, a narrowing from December’s $3.1 billion deficit, StatsCan reported Wednesday. That narrowing “was where the good news ended,” says CIBC senior economist Andrew Grantham in an economics report, as the deficit was “driven exclusively by a plunge in imports.” Imports decreased 4.3%, mainly due to lower volume […]
Overall exports slipped 1% to $43.6 billion in August -- the third consecutive month of declines.
72% of those aged 25 to 39 export goods and services.