Friday, December 14, 2012

Canadian Trade News 2013 in canada trade

 Canadian Trade News 2013 in canada trade 
Cargo is unloaded from a ship in the Centerm terminal in Vancouver February 17. (Jeff Vinnick /The Globe and Mail)
Sometimes a shrinking trade deficit is not a sign of a better economy.

Canada’s merchandise trade deficit shrank unexpectedly in October , and is now nearing balance at $169-million, versus a revised deficit of $1-billion in September, Statistics Canada reported Tuesday.

It was Canada’s smallest trade deficit in seven months. The gap peaked in July at $2.7-billion.
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