News
Canada’s April trade deficit widens to historic high as tariffs cripple exports
Canada’s trade deficit in April widened to an all-time high of a whopping $7.1 billion (US$5.2 billion), data showed on Thursday, as tariffs imposed by U.S. President Donald Trump sucked out demand for Canadian goods from the United States.
Tariffs, oil prices, and a stronger Loonie drag Canada’s April exports down 10.8%
Canada’s trade balance deteriorated sharply in April, with merchandise exports plunging 10.8% and imports sliding 3.5%, according to data released Thursday by Statistics Canada. The resulting merchandise trade deficit hit a record $7.
Trade tensions with the United States significantly impacted both exports and imports in April. Canadian exports fell 10.8 ...
It is well known that Trump is most concerned about the balance of trade with other ... Instead, the main source of the trade deficit with Canada seems to be U.S. imports of Canadian energy ...
When Trump doubled tariffs on steel and aluminum, the Prime Minister chose not to respond in kind, instead opting for a ...
Canada unexpectedly posted a merchandise trade deficit of C$1.5 billion with the world that month, versus a surplus of C$3.1 billion in January and a median estimate of a C$3.5 billion surplus in ...
The Bank of Canada (BoC)left its key interest rate constant at 2.75% on Wednesday, pausing for the second time in a row as ...
BoC kept its overnight rate on hold at 2.75% as it balances stronger-than-expected economic data with the impact of US tariffs on Canadian goods. TD Asset Management Lauren Bellai discusses.
Toronto-area MP Maninder Sidhu, takes over as minister of international trade. Carney has also ... Federal cabinets in Canada by tradition balance representation of the country's regional ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback