Trade Deficit Narrows as B.C. Port Strike Takes a Bite Out of Imports
Key Insights Global economic growth is waning. In the second quarter of 2023, growth in Canadian imports (0.5 per cent) exceeded growth…
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Trade Balance Falls to a $3.4 Billion Deficit, the Largest Deficit Since October 2020
Key Insights Persistent inflation and ongoing geopolitical tensions continue to fuel global economic uncertainty. Although the impacts of the pandemic…
Exports Rise After Two Consecutive Months of Decline
Key Insights Global economic uncertainty persists as a result of inflation and ongoing geopolitical tensions. The world’s major central banks…
Trade Balance Rises Amidst Global Uncertainty
Key Insights Global supply chain issues are not over yet, but they are improving. According to the Global Supply Chain…
Trade Balance Ticks Higher
Canada’s merchandise exports rose 2.0 per cent (month-on-month) in June, while imports rose 1.7 per cent. As a result, Canada’s merchandise trade…