OTTAWA — Canada’s merchandise imports declined 1.6% while exports edged up 0.2% in January. As a result, Canada’s trade deficit with the world narrowed from $922 million in December to $177 million in January. Imports from the United States declined 1.8% to $27.1 billion, as imports of motor vehicles and parts as well as aircraft and other transportation equipment and parts fell. Exports to the United States edged down 0.1% to $30.7 billion. Consequently, Canada’s trade surplus with the United States widened from $3.2 billion in December to $3.6 billion in January.
Exports up, imports down in January
Most Recent
Most Read
BeautiTone unveils 2025 Colour of The Year
Fri, October 04th, 2024
Building materials prices slump in Quebec
Fri, October 04th, 2024
Amazon slated to hire 9,000 employees
Fri, October 04th, 2024
Grainger begins work on warehouse
Thu, October 03rd, 2024
Port strike could cost U.S. economy billions
Thu, October 03rd, 2024
Small businesses to get carbon rebates
Thu, October 03rd, 2024
Port strikes across North America loom large
Wed, October 02nd, 2024
Minimum wage climbs in four provinces
Wed, October 02nd, 2024
U.S. construction spending dips unexpectedly
Wed, October 02nd, 2024
Canfor announces CEO’s departure
Tue, October 01st, 2024