Canada September trade balance +1.14B vs +1.34B expected

  • Canadian September 2022 international trade balance
  • Prior was +1.52B
  • Exports 66.37B vs 65.38B prior
  • Imports 65.23B vs 63.86B prior

The headline is a tad soft but it comes on rising trade and that's a good sign for the economy. Strong energy prices should keep Canadian trade balance above zero for some time.

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