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Maintaining Profits economic growth chart businessmen illustration

Surplus with U.S. highest since October 2008

Financial business chart and economic development

U.S. tariffs come as talks regarding the North American Free Trade Agreement continue.

Raise and fall of business indicators green and red arrows

Strengthening domestic demand boosts imports

Financial business chart and economic development

Economists had expected a deficit of $2.2 billion, down from $2.7 billion in November

Canada’s exports increase following four consecutive monthly declines

Two studies suggest ending trade deal would do minor damage

The central bank is also keeping close tabs on the rise in protectionist sentiment in some parts of the world and what it might mean for the Canadian economy

  • By: IE Staff
  • September 18, 2017 December 14, 2017
  • 14:45

Imports rose 2.4% to $49.8 billion

Canadian exports south of the border rose 5.4% to a record high $36.1 billion in April

Driving the gain was a 7% increase in energy exports; trade deficit narrows