Canada’s Trade Deficit Widened in June; Exports See Slight Uptick

Canada’s trade deficit widened from $5.5 billion in May to $5.9 billion in June. Exports rebounded for a second consecutive month, albeit modestly (+0.9% m/m). This still leaves Canadian exports almost 10% lower than March’s pre-plunge levels. Exports to the U.S. also jumped (3.1% m/m) for a second consecutive month. Export growth was seen in […]

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