Canada posts C$2.2 billion trade deficit in November

Reuters
2026.01.29 13:30
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Canada recorded a C$2.2 billion trade deficit in November, with exports declining by 2.8% due to reduced shipments of metal products and motor vehicles. Imports saw a slight decrease of 0.1%, influenced by a drop in motor vehicle imports, although consumer goods imports increased. The trade balance shifted from a surplus of C$0.4 billion in October to a deficit in November, according to Statistics Canada.