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Lower Oil Exports Drag Canada to Sixth Monthly Trade Deficit

Canada recorded a C$1.1 billion ($806 million) goods trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy.

By: financialpost.com

Oct 08 2024
38
11752 Views

Lower Oil Exports Drag Canada to Sixth Monthly Trade Deficit

(Bloomberg) — Canada recorded a C$1.1 billion ($806 million) goods trade deficit in August as crude oil exports fell, driven mainly by lower prices for the commodity that is central to the country’s economy. Read More

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