Canada April trade balance +1.50B vs +2.90B expected

• Prior was +2.49B
• Exports $64.31B vs $63.63B prior
• Imports $62.81B vs $61.14B prior
• Canadian surplus with US $11.6B vs $12.6B prior
• Full report

This is a bit of a surprise but with energy prices soaring, the trend is higher.