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New data from Statistics Canada shows Canada's trade deficit narrowed in May as exports to the United States fell for the fourth straight month.
Canada Goods-Trade Deficit Narrows Slightly to C$5.86 Billion — 2nd Update Provided by Dow Jones Jul 3, 2025, 5:08:00 PM. By Robb M. Stewart .
The trade deficit in May met expectations at C$5.9 billion ($4.34 billion), down from a downwardly revised C$7.6 billion in the prior month, Statistics Canada said. Exports increased by 1.1% on a ...
That year, the combined total of Mexico’s and Canada’s merchandise trade deficit was a slight 1.02% larger. By the end of the year, the U.S. deficit with China was 17.23% larger – and there ...
The Canadian Press on MSN25d
Canada begins to diversify its trade, but U.S. tariffs still a 'heavy weight'Statistics Canada says the country's merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher. The result compares with the record trade deficit of $7.6 billion seen in ...
Canada’s trade deficit with countries excluding the US narrowed to C$9.1-billion in May, from C$10.7-billion in April. Alexandra Brown, economist at Capital Economics, ...
Bloomberg on MSN17d
Trump’s 35% tariff bulldozer on Canada tests Carney’s strategy of avoiding conflictThe letter reiterated Trump’s complaints about dairy quotas, fentanyl and the U.S. trade deficit, which is mostly fueled by American refineries’ thirst for Canadian oil. His social media post caused ...
The move injects fresh turmoil into a strained bilateral relationship as Prime Minister Mark Carney negotiates a new economic ...
The country posted a goods-trade deficit of 5.86 billion Canadian dollars, the equivalent of about $4.31 billion, Statistics Canada said Thursday.
President Trump plans to impose a 'world tariff' of 15% to 20% on exports from most U.S. trading partners not engaged in ...
President Donald Trump ratcheted up tariffs on Canada late Thursday, stoking tensions with a top U.S. trade partner as the two sides try to hash out a trade agreement by the end of the month. The Dow ...
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