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Canada posts record Can$3.6 bn trade deficit

Imports from the United States -- Canada's largest trading partner -- climbed in June while exports fellCanada posted a record Can$3.6 billion (US$2.7 billion) trade deficit in June, the government statistical agency said Friday. Imports rose 0.8 percent to Can$45.0 billion in the month, while exports increased 0.6 percent to Can$41.4 billion, widening Canada’s trade deficit well beyond the Can$2.8 billion forecast by analysts. Imports from the United States — Canada’s largest trading partner — climbed while exports fell.

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