Trade Balance in Canada

Canada Trade Balance (CAD bn) | Economic News & Forecasts

Canada - Trade Balance (billions of Canadian dollars)

Output bounced back in May, putting the economy on track for a solid second quarter. Most sectors fired on all cylinders as one-off weather disruptions faded out, and all signs suggest that growth held up reasonably well through the first half of the year. Despite the slowdown in consumer spending seen since last year, low unemployment and robust wage gains have continued to underpin the domestic economy. Inflation grazed the upper bound of the Bank of Canada’s target band in July and core metrics hint that little slack remains in the economy. Moreover, the housing market appears to have finally stabilized after an uneven start to the year, and chipper business sentiment points to firm non-residential investment. Short-term downside risks still center on trade, although NAFTA renegotiations were resuscitated in mid-August when a handshake deal between Mexican and U.S. negotiators opened the door for three-way talks to resume.

Canada - Trade Balance (CAD bn) Data

2013  2014  2015  2016  2017  
Trade Balance (CAD billion)-8.1  4.7  -23.7  -25.9  -24.0  

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Canada Trade Balance (CAD bn) Chart


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

Canada Facts

ValueChangeDate
Bond Yield2.421.00 %Sep 19
Exchange Rate1.290.15 %Sep 20
Stock Market16,2150.23 %Sep 20

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