Canada’s Trade Deficit Widens in January

Canada’s trade deficit widened substantially in January, up to $3.6 billion from $1.3 billion in December. Exports in January slipped 4.7% month-on-month (m/m), more than reversing last month’s gain. Exports of motor vehicles and parts fell sharply (-21.2% m/m) to its lowest level since late-2021. In line with recent trends, exports of unwrought gold, silver […]

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