Statistics Canada says trade deficit narrows to $1.5 billion in October

Source: The Canadian Press, December 5, 2017 

OTTAWA — Statistics Canada says the country’s merchandise trade deficit narrowed to $1.5 billion in October as exports improved and imports took a step back.

The agency says the shortfall was less than half the $3.4-billion deficit in September.

Economists had expected a deficit of $2.7 billion, according to Thomson Reuters.

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Image Source: THE CANADIAN PRESS/Jason Franson

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