Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said Tuesday.
The result followed a revised deficit of $219 million for November compared with an initial reading for the month that showed a $41 million deficit.
Statistics Canada said exports in December fell 1.2 per cent in the month to $63.0 billion. Energy exports fell 7.6 per cent to $14.3 billion, while exports of farm, fishing and intermediate food products dropped 9.9 per cent to $5.3 billion. Statistics Canada said Canada's trade deficit with countries other than the U.S. was $7.1 billion in December compared with $7.3 billion in November as imports from countries other than the U.S. fell 3.8 per cent, but exports to those same countries dropped 4.5 per cent.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada - Terrace StandardInvestors in British Columbia came in at 23.3 per cent followed by 20.4 per cent in Manitoba
Read more »
Investors made up 20 to 30% of homeowners in some provinces: Statistics CanadaWhen grouped together, the data agency's calculations show under one in five homes in British Columbia, Manitoba, Ontario, New Brunswick and Nova Scotia was considered an investment property in 2020
Read more »
Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Corus Studios says the model, actress and animal activist serves as host and sous-chef on a new series with the working title, Pamela's Cooking With Love.
Read more »
Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Eight new episodes of “Pamela's Garden of Eden” are in production and will continue to follow Anderson's efforts to renovate her grandmother's legacy property on Vancouver Island.
Read more »
U.S. trade deficit widens in December as goods exports drop to 10-month lowThe trade deficit increased 10.5% to $67.4-billion, the U.S. Commerce Department said on Tuesday
Read more »
Today in Canada’s Political History: UK PM Anthony Eden addresses Canada’s Parliament; says Canada “commands the future” | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »