'This is about as bad as it gets for Canadian exporters'

September 12, 2012

The following is excerpted from the 11 September 2012 edition of The Globe and Mail.

A strong currency and global slowdown are choking Canada’s trade-dependent economy.

The merchandise trade deficit swelled in July to $2.3-billion, the largest since Statistics Canada began tracking the data in 1971, driven wider by sharp declines in virtually all of the country’s major exports.

This article is available in its entirety at:
http://www.theglobeandmail.com/report-on-business/economy/this-is-about-as-bad-as-it-gets-for-canadian-exporters/article4536025/

Topic(s)

Exports

Information source

Canadian News Channel

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