Tuesday, August 4th23.9°C
26264
26758

Trade deficit up to $567 million in April

Statistics Canada says merchandise imports rose 1.2 per cent in April, while exports edged down 0.2 per cent, pushing the trade deficit with the world to $567 million from $3 million in March.

The agency says imports rose for a fourth consecutive month to a record high of $40.8 billion, led by energy products, motor vehicles and parts and metal ores and non-metallic minerals.

Exports edged down to $40.3 billion, with decreases in metal ores and non-metallic minerals, energy products and industrial machinery, equipment and parts partly offset by a large increase in metals and non-metallic mineral products.

Imports from the United States increased 1.9 per cent to a record high of $26.2 billion, while exports to the United States grew 1.8 per cent to $30.1 billion.

The trade surplus with the United States went to $3.9 billion in April from $3.8 billion in March.

Exports to countries other than the United States fell 5.6 per cent to $10.2 billion while imports from those countries were relatively unchanged in April at $14.6 billion, pushing that trade deficit to $4.4 billion from $3.8 billion.

The Canadian Press


Read more Business News

24947


Recent Trending




Today's Market
S&P TSX14491.05+22.32
S&P CDNX589.88-4.43
DJIA17550.69-47.51
Nasdaq5105.55-9.84
S&P 5002093.32-4.72
CDN Dollar0.7580-0.0002
Gold1085.10-5.60
Oil46.37+0.24
Lumber258.60-0.10
Natural Gas2.841+0.001

 
Okanagan Companies
Pacific Safety0.17-0.01
Knighthawk0.010.00
QHR Technologies Inc1.40-0.02
Cantex0.04+0.00
Anavex Life Sciences1.46+0.33
Metalex Ventures0.05+0.00
Russel Metals19.39-0.01
Copper Mountain Mining0.80+0.01
Colorado Resources0.085+0.020
ReliaBrand Inc0.0049+0.0004
Sunrise Resources Ltd0.03+0.00
Mission Ready Services0.08-0.02
Decisive Dividend Corp2.55+0.05

 



24947

FEATURED Property
23279803231 Vineyard View
5 bedrooms 4 baths
$1,398,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Mortgage policy changes?

There are rumours circulating again that the federal government may move to tighten mortgage insurance criteria. This is prompted by a recent article in the Financial Post. The housing market while b...


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...

_





26370


Member of BC Press Council


26707