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Canada posts surprise trade surplus

Canada posted an unexpected trade surplus in February, rebounding from two straights months of deficits, Statistics Canada said Thursday.

The federal agency said exports rose 5.2% to $33.1-billion during the month “as all sectors increased and auto makers resumed production.” Imports increased 1.1% to $33-billion, led by machinery and equipment, it said.
As a result, Canada recorded [...]

Canada’s trade surplus weakens

Plunging commodities markets pummeled Canada’s trade surplus to a slim $1.3-billion in November, with both exports and imports on the decline, Statistics Canada says.
Analysts had been expecting that lower commodity prices in November and a pullback in U.S. demand would slash the trade surplus to $3-billion, down from $3.8-billion in October. Statistics Canada revised its [...]