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Trade deficit hits record

After Trump’s Tariffs Crash Exports, Canada Posts a Record Trade Deficit

Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.

Bloomberg · 4d

Canada Trade Deficit Hits Record as US Tariffs Crush Exports

Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.

The Wall Street Journal on MSN · 3d

Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April

It was a third straight trade deficit for Canada, and a much bigger shortfall than the C$1.5 billion economists expected.

8hOpinion

Does Canada really need the U.S. market? A history lesson in diversification

H.A. Massey and Company’s 19th-century industrial success put ‘Made in Canada’ on the world’s manufacturing map ...

Morningstar4d

Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April — 2nd Update

This left Canada with a merchandise-trade deficit in April that ballooned to 7.14 billion Canadian dollars, the equivalent of about $5.22 billion, Statistics Canada said Thursday. It was a ...

Canadian Mortgage Trends3d

BMO: Record trade deficit supports BoC cuts in July, September

Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting BMO to say the economic hit ...

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