Lower energy exports, higher dollar drive swing in trade balance
Second consecutive monthly export decline
Statistics Canada said total exports rose 2.9% to $47.6 billion
Oil prices weighed on exports
The trade deficit narrowed in September
Surplus with U.S. highest since October 2008
U.S. tariffs come as talks regarding the North American Free Trade Agreement continue.
Strengthening domestic demand boosts imports
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