Canada's merchandise trade deficit narrowed to $5.9 billion in May after hitting a record high in April as tariffs continued to weigh on trade between Canada and the U.S. According to data from ...

The trade deficit in May met expectations at C$5.9 billion ($4.34 billion), down from a downwardly revised C$7.6 billion in the prior month, Statistics Canada said. Exports increased by 1.1% on a ...

New data from Statistics Canada shows Canada's trade deficit narrowed in May as exports to the United States fell for the ...

OTTAWA — Statistics Canada says the country's merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher.

Canada’s trade deficit with countries excluding the US narrowed to C$9.1-billion in May, from C$10.7-billion in April. Alexandra Brown, economist at Capital Economics, ...

US President Donald Trump’s letter cites fentanyl smuggling and a persistent trade deficit primarily due to US oil imports from Canada as key reasons behind the tariff hike.

Canada Trade Deficit C$5.859B In May. Published: July 3, 2025 at 8:33 a.m. ET. Share. Resize. About Dow Jones Newswires. Dow Jones Newswires is a market-moving financial and business news source ...