Statistics Canada reports $1.5B trade deficit for February as exports fell

Statistics Canada Reports $1.5B Trade Deficit for February as Exports Fell

Statistics Canada says the country’s merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell. The federal agency says the result compared with a surplus of $3.1 billion in January. Total exports dropped 5.5 percent to $70.1 billion in February as exports of energy products fell 6.3 percent. Exports of crude oil fell 4.2 percent on lower prices, while refined petroleum product exports dropped 15.3 percent due to lo…

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Statistics Canada reports $1.5B trade deficit for February as exports fell

Breaking News, Sports, Manitoba, Canada

Canada's merchandise trade balance with the world recorded a deficit of $1.5 billion in February, reflecting a decline in exports, according to Statistics Canada data released on Thursday.

StatCan reports $1.5B trade deficit for February as exports fell

The result compares with a $3.1 billion surplus in January The post StatCan reports $1.5B trade deficit for February as exports fell appeared first on Investment Executive.