Trade Deficit
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Canada increased imports from the U.S. in October, StatCan saysCanadian imports to the United States increased in October as the overall balance of trade moved from a surplus in September to a slight deficit.EconomyJan 8
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Canada’s exports to the U.S. fell again in May as trade war continuesNew data from Statistics Canada shows Canada's trade deficit narrowed in May as exports to the United States fell for the fourth straight month.EconomyJul 3, 2025
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Carney says record trade deficit shows his plan is the ‘right strategy’Statistics Canada reports the trade deficit in April hit a record high at $7.1 billion, following a $2.3 billion reading in March, amid U.S. tariffs and a drop in exports.EconomyJun 5, 2025
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U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.EconomyJan 28, 2025
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Canada’s trade deficit shrinks to $4.2B in January amid oil price reboundHigher energy prices helped exports rise faster than imports, but economists has expected the trade deficit to narrow further.MoneyMar 27, 2019
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Donald Trump claims, again, U.S. has trade deficit with Canada — after admitting he made it upThe U.S. president tweeted that Prime Minister Justin Trudeau is a "very good guy," but he doesn't like admitting Canada's surplus.PoliticsMar 15, 2018
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Reality check: No, the U.S. doesn’t have a $17B trade deficit with CanadaTrump's numbers differ from numbers provided by Statistics Canada, and the Office of the United States Trade Representative – both say the U.S. has a trade surplus with Canada.CanadaDec 5, 2017
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Energy propels Canadian exports to record high in MarchCanadian exports rose to a record high in March, boosted by a 7% increase in energy exports.CanadaMay 4, 2017
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Canada’s trade deficit is widening, but expert says there’s more to the pictureCanada is importing more than it is exporting, and the gap between the two hit an all-time high in June. But what does that mean for the average Canadian?CanadaAug 9, 2016
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Canadian trade deficit triples, growing to $1.9 billion, Statistics Canada saysCanada's trade deficit grew to $1.9 billion in February, more than triple the shortfall of $628 million the month before, Statistics Canada said Tuesday.CanadaApr 5, 2016
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