Canada International Trade: November 2024
Canada’s trade deficit fell from $544 million in October to $323 million in November. Exports were up 2.2% MoM, and imports were up 1.8% MoM. The devaluation of the CAD against the dollar helped exports on the month. In USD terms, exports were up just 0.8% MoM while imports actually fell -1.0% MoM.