Canada’s monthly trade deficit shrinks in June to smallest since January 2017

Source: The Canadian Press, August 3, 2018 

OTTAWA – Canada’s merchandise trade deficit with the rest of the world shrank dramatically in June to $626 million, the smallest in 17 months.

Statistics Canada says the improvement was due to a 4.1 per cent increase in exports compared with May, to a record high $50.7 billion, mainly from higher exports of energy products and aircraft.

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