Saturday, April 25th10.2°C
25924
24805

Trade surplus rose to $2.6 billion in June, Statistics Canada says

OTTAWA - Statistics Canada says the country's merchandise exports grew by 1.4 per cent in July, while imports edged down 0.3 per cent.

This raised the country's Canada's trade surplus with the world to $2.6 billion from $1.8 billion in June. Economists had expected a surplus of about $1.2 billion, according to Thomson Reuters.

Exports rose to $45.5 billion, led by motor vehicles and parts, while imports edged down to $43 billion, with lower imports of aircraft, other transportation equipment and parts and consumer goods, as well as metal and non-metallic mineral products.

Exports to the United States rose 1.9 per cent to $34.4 billion and imports rose 1.2 per cent to $29.2 billion, pushing the trade surplus with that country to $5.1 billion from $4.9 billion in June.

Shipments to countries other than the United States edged up 0.1 per cent to $11.2 billion, while imports from those countries declined 3.2 per cent to $13.7 billion.

The trade deficit with those countries narrowed to $2.6 billion from $3 billion in June.

The Canadian Press


Read more Business News

25990


Recent Trending




Today's Market
S&P TSX15408.33+15.98
S&P CDNX697.70-1.78
DJIA18080.14+21.45
Nasdaq5092.08+36.02
S&P 5002117.69+4.76
CDN Dollar0.8210+0.0002
Gold1175.20-17.60
Oil55.50-0.88
Lumber258.50+3.90
Natural Gas2.531+0.002

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.010.00
QHR Technologies Inc1.38+0.00
Cantex0.035+0.005
Anavex Life Sciences0.43+0.01
Metalex Ventures0.095+0.000
Russel Metals27.16+0.41
Copper Mountain Mining1.15+0.06
Colorado Resources0.095+0.000
ReliaBrand Inc0.004-0.001
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.20+0.00
Decisive Dividend Corporation1.80+0.10

 



25968

FEATURED Property
22601591065 Tataryn Road
2 bedrooms 1 baths
$309,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


What's your score?

There was a time when we would sit down with nothing more than a sheet of paper and a sharp pencil to do the math. Totalling our expenses and subtracting our revenue, the amount left over was the answ...


Do you dare to dream?

Photo: Thinkstock.comI have never been able to understand why some people can only see as far ahead as the end of the current day. Instead of aiming for long term goals, they just wallow in their ever...


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...

_



26091

25979


Member of BC Press Council