OTTAWA (Reuters) - Canada's trade deficit with the world narrowed to C$987 million ($722.97 million) in July, as imports were dragged lower by a west ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSOTTAWA - Canada's trade deficit with the world narrowed to C$987 million in July, as imports were dragged lower by a west coast port strike while exports rose slightly, Statistics Canada said on Wednesday.
Both exports and imports in July were impacted by a 13-day dock workers strike in British Columbia that disrupted operations at two of Canada's three busiest ports. Statscan said that trade may also be affected in the coming months as freight backlogs continue to be cleared.
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Canada posts smaller than expected trade deficit in JulyCanada's trade deficit with the world narrowed to C$987 million ($722.97 million) in July, as imports were dragged lower by a west coast port strike while exports rose slightly, Statistics Canada said on Wednesday. Both exports and imports in July were impacted by a 13-day dock workers strike in British Columbia that disrupted operations at two of Canada's three busiest ports. Statscan said that trade may also be affected in the coming months as freight backlogs continue to be cleared.
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Canada posts smaller than expected trade deficit in JulyCanada’s trade deficit narrowed to $987-million in July, as imports were dragged lower by a port strike in B.C. while exports rose slightly
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EDITORIAL: Canadians caught in an economic viceMany economists predict Canada’s economic growth in July was also flat.
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EDITORIAL: Canadians caught in an economic viceMany economists predict Canada’s economic growth in July was also flat.
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Bank of Canada to announce interest rate decision this morningOTTAWA — The Bank of Canada is set to announce its interest rate decision this morning as forecasters widely anticipate the central bank will hold its key lending rate steady. Canada's inflation rate ticked up to 3.3 per cent in July year-over-year, but economists say cracks emerging in the economy will likely sway the central bank against further rate hikes. Statistics Canada reported last week real gross domestic product contracted in the second quarter. Meanwhile, the unemployment rate has be
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Exclusive-Canada oil sands carbon capture project struggles to get key contractBy Steve Scherer OTTAWA (Reuters) - Canada is struggling to get a key tool in place for major carbon capture and storage (CCS) projects, said a ...
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