• Kelowna's Homepage
  • Vernon's Homepage
30359
27913


S&P/TSX
12087.37
-98.35
-0.81%
S&P-CDNX
508.29
+2.98
+0.59%
S&P-500
1829.08
-22.78
-1.23%
NASDAQ
4266.84
-16.76
-0.39%
Dow
15660.18
-254.56
-1.60%
Dollar
0.7173
-0.0012
-0.17%
Oil
27.60
+1.39
+5.30%
Gold
1234.90
-13.00
-1.04%
Silver
15.74
+0.46
+3.03%


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.



More Business News

Recent Trending
30371
29760
Member of the RTNDA
29760
Press Room
29636
27125