English     |     Español     |     Français
Exporting to Canada - Experts in trade for developing countries - TFO Canada
Sign In or Register
Username:     Password:
Remember me   Forgot password?
Not a member? Register here
Not a member? Register here    
Home > About TFO Canada > News

Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Stunning turnaround for Canada抯 trade: $463m deficit to $710m surplus

Thursday, November 06, 2014 > 12:07:40

(The Star)

Statistics Canada says the country’s merchandise trade balance with the world went from a deficit of $463 million in August to a surplus of $710 million in September. Economists had expected a deficit of $100 million, according to Thomson Reuters.

The federal agency says Canada's merchandise imports fell 1.5 per cent in September, while exports rose 1.1 per cent.

It says imports fell to $44.1 billion, as volumes were down 1.0 per cent and prices were down 0.6 per cent. Exports, however, rose to $44.8 billion, as volumes were up 1.6 per cent and prices fell 0.4 per cent.

Imports from the United States rose 0.7 per cent to $29.7 billion in September, while exports were up 0.8 per cent to $33.7 billion, leaving Canada's trade surplus with that country virtually unchanged from August to September at $3.9 billion.

Exports to other countries increased 2.1 per cent to $11.1 billion and imports fell 5.8 per cent to $14.3 billion, shrinking the trade deficit to $3.2 billion in September from $4.3 billion in August.

Contact TFO Canada
Meet Our Supporters
TFO Canada
130 Slater Street
Suite 400
Ottawa, Ontario
T 1.613.233.3925
F 1.613.233.7860
Canada Toll-Free:
© TFO Canada   |   Sitemap   |   Terms & Conditions   |   Privacy Policy   |   Contact Us