Canada’s trade deficit grows to $3.4 billion in August

Canadian exports fell for a third month in a row as the country’s trade deficit increased in August, Statistics Canada said Thursday. The trade deficit came in at $3.4 billion for the month, compared with a $3-billion deficit in July. The increase came as overall exports slipped 1 per cent to $43.6 billion in August. Export volumes fell 1.9 per cent for the month. Imports were virtually unchanged in August at $47 billion.

Comments are closed.