Canada's trade deficit shrinks by almost half

November 9, 2012

The following is excerpted from the 8 November 2012 edition of CBC News.

Canada’s merchandise trade deficit shrank in September as exports recovered from a weak summer.

Statistics Canada says the deficit fell to $826 million, down from the $1.5 billion in August.

Exports rose 1.9 per cent to $38 billion, led by energy products, while imports held steady at $38.8 billion, with higher volumes offsetting lower prices.

This article is available in its entirety at:
http://www.cbc.ca/news/business/story/2012/11/08/merchandise-trade-september.html

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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