Canada Trade Deficit Edges Up
World Economy

Canada Trade Deficit Edges Up

Canadian exports hit a record high in January as demand from the resurgent US economy and the weakened loonie bolstered shipments south of the border. Overall, Canada’s trade deficit edged up to $655 million in January from $631 million in December as imports grew slightly more than exports, Statistics Canada said on Friday. Analysts in a Reuters poll had predicted a shortfall of $1.05 billion. January marked the 17th consecutive monthly trade deficit, reflecting the continuing economic damage caused by low oil prices, but economists are seeing reason for optimism beyond the energy sector.

Short URL : http://goo.gl/pKyBOU
  1. http://goo.gl/4sCQyQ
  • http://goo.gl/jesIqx
  • http://goo.gl/ByL13a
  • http://goo.gl/8yzBOl
  • http://goo.gl/IZkYYz

You can also read ...

Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Germany to Push for Free Trade at G20
Germany’s new Finance Minister Olaf Scholz warned on Sunday...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
S&P Retains Finland Ranking
Credit rating agency Standard &Poor’s keeps the rating for...