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Canada posts 6th straight monthly trade deficit
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
Lower Oil Exports Drag Canada to Sixth Monthly Trade Deficit
Canada recorded a C$1.1 billion ($806 million) trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy.
Canada Posts August Trade Deficit
Canada posted a trade deficit of Can$1.1 billion (US$805 million) in August, as exports fell due in part to lower crude oil prices, the government said Tuesday.
The Canadian Press on MSN
2d
Statistics Canada reports $1.1B merchandise trade deficit for August
Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices weighed ...
Forex Factory
1d
Canadian international merchandise trade, August 2024
In August, Canada's merchandise exports fell 1.0%, while imports edged up 0.3%. Consequently, Canada's merchandise trade ...
2d
Smaller US trade deficit supports strong economic growth estimates for third quarter
The U.S. trade deficit narrowed sharply in August as exports increased to a record high, suggesting trade could have little ...
2d
Toronto Stocks Retreat; Advantage Energy Shares Fall on Curbed Dry-Gas Output
Advantage Energy shares fell mid-morning Tuesday after the company said it is reducing its dry-gas output in Alberta to reflect lower commodity prices. As a result, the company expects its capital ...
10d
Trump Tariffs Failed To Improve U.S. Trade In His First Term
With Donald Trump threatening strict new tariffs, an assessment of the impact of his protectionist policies in his first term ...
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