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News

Canada's Apr. trade deficit widens to historic high

The New York Times · 1d
After Trump’s Tariffs Crash Exports, Canada Posts a Record Trade Deficit
Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.
Bloomberg · 2d
Canada Trade Deficit Hits Record as US Tariffs Crush Exports
Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.
Reuters on MSN · 1d
Canada's April trade deficit widens to historic high as tariffs cripple exports
Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.
1don MSN
Canadian dollar hits eight-month high as market shrugs off record trade deficit
The Canadian dollar strengthened to nearly an eight-month high against its U.S. counterpart on Thursday as investors shrugged ...
Canadian Mortgage Trends
1d
BMO: Record trade deficit supports BoC cuts in July, September
Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting BMO to say the economic hit ...

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