OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike. The agency says the result compared with a revised deficit of $4.
OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike.Total imports fell 5.4 per cent in July as imports of metal and non-metallic mineral products dropped 25.3 per cent.
Statistics Canada says imports of the subcategory including unwrought gold, silver, and platinum group metals, and their alloys fell 60.5 per cent in large part because of lower gold asset transfers between financial institutions. The agency also said imports of goods that typically come from Pacific Rim countries and rely on B.C. ports were lower. Imports of consumer goods fell 4.9 per cent, while electronic and electrical equipment and parts dropped 6.4 per cent. Imports of industrial machinery, equipment and parts declined 6.1 per cent.
Meanwhile, total exports rose 0.7 per cent as lower exports of some goods due to the port strike were more than offset by increases in products less affected by the job action.
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Statistics Canada says country posted $987M merchandise trade deficit in JulyOTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike. The agency says the result compared with a revised deficit of $4.
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Statistics Canada says country posted $987M merchandise trade deficit in JulyStatistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike.
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Statistics Canada says country posted $987M merchandise trade deficit in JulyOTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike. The agency says the result compared with a revised deficit of $4.
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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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Canada posts smaller than expected trade deficit in JulyOTTAWA (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 ...
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