Canada’s trade flows recovering from spring: Statistics Canada
Merchandise trade deficit widens, while services trade deficit narrows
- By: Jonathan Got
- August 5, 2025 August 5, 2025
- 11:07
Merchandise trade deficit widens, while services trade deficit narrows
The move comes after OPEC+ countries raised production by 548,000 barrels per day in August
We're doing better than economists expected — will that continue?
Further rate cuts expected as labour market troubles emerge
Industry leaders urge Ottawa to stand firm in negotiations
Central bank clash escalates over interest rate policy
Pension fund takes 50% stake in construction loan for Cambridge project
Weak job gains and major revisions raise pressure on Federal Reserve to cut interest rates
The move does not affect goods compliant with CUSMA
The provision of cross-border bank credit reached a record high
Job vacancies up 19% in finance and insurance
New Brunswickers can buy for $87 what would cost an Ontarian $100
Section 232 tariffs and new U.S. measures add pressure as deadline looms
Layoffs remain low as labour market shows resilience
Prices climb 2.6% in June amid tariff pressure
Weakness in mining, oil and gas offset gains in manufacturing
$3M drop in net income driven by investment loss, fall in fee and other income
Central bank holds key rate at 4.3% for fifth time this year
Central bank points to economic resilience but flags trade tensions
White House aims to raise tariff revenue to offset tax cuts and boost jobs
Germany and Italy see output fall as continent’s economy stalls
However, the "headline numbers are hiding the economy's true performance," analyst says
U.S. tariffs on Chinese goods remain at 30%, with China holding at 10% on American imports