Canada’s merchandise trade balance widened from a revised $1.7 billion in December to $4.0 billion in January. This marked the largest surplus since May 2022. Merchandise exports jumped 5.5% month-on-month (m/m), following a 6% monthly gain in December. Exports of motor vehicles and parts (+12.5% m/m) jumped, while shipments of energy products (4.8% m/m), consumer […]
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