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.

Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this ...

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 ...

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 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 ...

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 ...

OTTAWA--Canada recorded a wider budget deficit in the first two months of the current fiscal year as a surge in revenue from tariffs on U.S. imports failed to offset declines in corporate and ...

Canada Trade Deficit C$5.859B In May Published: July 3, 2025 at 8:33 a.m. ET Share Resize ...

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.

The country posted a goods-trade deficit of 5.86 billion Canadian dollars, the equivalent of about $4.31 billion, Statistics Canada said Thursday.