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Canada’s Trade Surplus Narrowed in October on Slower Exports

Posted December 05, 2014

Under Economic Issues, International Trade Issues

(Greg Quinn – Bloomberg)

Canada’s merchandise trade surplus narrowed in October as export growth slowed. […]

Exports rose 0.1% to C$44.9 billion, slowing from an October gain of 0.5%. Industrial machinery and equipment shipments rose 8.0% to C$2.62 billion while farm and fishing products declined 8.6% to C$2.31 billion.

Imports climbed 0.5% to C$44.8 billion following a gain of 1.0% the month before, Statistics Canada said. The aircraft and other transportation equipment category rose 12.4% to C$1.69 billion and energy fell 10.1% to C$3.29 billion. Read more here.