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Canada recorded smaller-than-expected trade deficit in October
Imports rose 3.4% with record computer shipments while exports increased 2.1%, driven by precious metals and a 15.6% jump to non-U.S. nations, Statistics Canada said.
- Canada's trade deficit was $583 million in October, which was smaller than the $1.36 billion analysts expected.
- Statistics Canada revised September's surplus to $243 million from an initial $153 million.
- Imports rose 3.4% to $66.2 billion, with electronic and electrical equipment increasing by 10.2%.
- Total exports increased by 2.1% to $65.6 billion, driven by metal and mineral products growing by 27.3%.
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19 Articles
19 Articles
Statistics Canada reports that Canada recorded a trade deficit of $583 million in October, with imports rising faster than exports.
·Montreal, Canada
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Winnipeg Free Press+8 Reposted by 8 other sources
Canada posted $583M merchandise trade deficit for October: StatCan
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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The Daily — Canadian international merchandise trade, October 2025
Canadian international merchandise trade, October 2025 Released: 2026-01-08 In October, Canada's merchandise imports increased 3.4%, while exports were up 2.1%. As a result, Canada's merchandise trade balance with the world went from a small surplus of $243 million in September to a deficit of…
Coverage Details
Total News Sources19
Leaning Left6Leaning Right1Center4Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
55% Left
L 55%
C 36%
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