Canada on Thursday posted a smaller-than-expected merchandise trade deficit of $1.05-billion in April
Canada posted a smaller-than-expected merchandise trade deficit of $1.05-billion in April, as energy and gold helped exports grow faster than imports, data showed on Thursday.
The Canadian dollar was little changed after the numbers were released with the loonie trading 0.04 per cent weaker at 1.3697 to the U.S. dollar, or 73 U.S. cents. Canada’s economic growth is expected to have resumed in April after stalling in March, helped by mining, quarrying, and oil and gas extraction, Statscan said in preliminary GDP forecast released last week.
Canada Exports Gold Bank Export Deficit Statscan Bank Of Canada Statistics Canada Nova Scotia
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's energy regulator orders reduction in pressure on TC Energy's NGTL pipelineExplore stories from Atlantic Canada.
Read more »
Canada's energy regulator orders reduction in pressure on TC Energy's NGTL pipelineA section of the NGTL gas pipeline system in Alberta was ruptured and caught fire on April 16, sparking a wildfire in a remote area. Last month, TC Energy...
Read more »
Food driving inflation lower, but groceries much more costly than a few years agoBetween April 2021 and April 2024, grocery prices have increased 21.4%, Statistics Canada said
Read more »
Here's a list of April inflation rates for selected Canadian citiesOTTAWA — Canada's annual inflation rate was 2.7 per cent in April, Statistics Canada says.
Read more »
Bank of Canada rate cut: Join the FP's Q&A with BMO's Douglas Porter ThursdayRegister now for a live Q&A with BMO's chief economist and the Financial Post's Joe Hood and Barbara Shecter
Read more »
Canada kicks off quarterfinal Thursday against Slovakia at men's worlds on TSNCanada emerged as the winner of Group A in the preliminary round after racking up five regulation wins and a pair of overtime wins, and they kick off their elimination round competition against Group B's Slovakia on Thursday.
Read more »