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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.
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 ...
The Canadian Press on MSN2h
Provinces’ deficits could shrink in coming years despite trade war: reportMost provinces have put up contingency funds in this year's budgets to support workers and critical industries through the tariff dispute.
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists ...
The shift meant Canada's longstanding trade surplus with the U.S. widened marginally in May to C$3.22 billion from C$3.1 billion the month before, though remained well below recent levels and the ...
The country posted a goods-trade deficit of 5.86 billion Canadian dollars, the equivalent of about $4.31 billion, Statistics Canada said Thursday.
Canada’s share of exports destined for the US shrank to 68.3% in May, from last year’s monthly average of 75.9%. “Canada-US trade is stuck in a lull and it is unlikely to improve for a while.
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 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.
Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are ...
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