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New Brunswick exports up as softwood lumber, NAFTA talks loom

New Brunswick exports appear to be surging after a poor performance last year, says an economist with the Canadian export credit agency.

Peter Hall, Export Development Canada's chief economist, said 2016 was not a good year for many provinces.

"We had a terrible year in 2016," said Hall.

"So energy-intensive provinces like New Brunswick sustained some very big drops in activity."

Luckily, that activity hasn't carried over into this year. Exports in the province have grown 10 per cent over last year and are forecast to grow an additional five per cent in 2018.

This was excerpted from the 6 November 2017 edition of CBC News.

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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