Trade Balance in Canada

Canada Trade Balance | Economic News & Forecasts

Canada - Trade Balance

Canada’s economy posted a solid performance in the second quarter, buoyed by a resilient external sector which posted strong gains despite the ongoing trade spat with the United States. Meanwhile, momentum looks to have broadly held up in the third quarter. Despite higher borrowing costs, household spending appears to have remained elevated on firm employment gains and moderate wage growth. Furthermore, housing-market metrics continue to suggest that fundamentals have stabilized. However, trade uncertainties persist. Although bilateral NAFTA talks resumed between Canada and the U.S. on 19 September, an immediate deal is unlikely and negotiations may well extend until the U.S.-imposed 1 October deadline as negotiators remain at odds over a number of clauses, including dairy-industry tariffs and the dispute-settlement process.

Canada - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-3.6  13.2  -9.5  -12.1  -11.1  

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Canada Trade Balance Chart

Canada Trade
Note: Trade balance in CAD billion.
Source: Statistics Canada.

Canada Facts

Bond Yield2.501.00 %Oct 15
Exchange Rate1.290.15 %Oct 16
Stock Market15,5800.23 %Oct 16

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