Canada: Trade Deficit Expands to C$3.25 Billion in September

Canada’s trade deficit expanded from C$3.21 billion in August to C$3.25 billion in September, the monthly data published by Statistics Canada showed on Wednesday. This reading came in worse than the market expectation for a deficit of C$2.6 billion.

Further details of the publication revealed that Canada’s exports rose by 1.5% to C$45.54 billion and imports expanded by 1.5% to C$48.79 billion.