In March 2000, Statistics Canada reported that Canada's trade surplus...

In March 2000, Statistics Canada reported that Canada's trade surplus had widened to a seasonally adjusted 4.53 billion Canadian dollars in January from $2.74 billion in December. This was seen as a positive development for the Canadian economy, as it reflected a strong performance in the country's export sector.The increase in the trade surplus was driven by a surge in exports, particularly in the energy, automotive, and forestry sectors. This was attributed to a combination of factors, including strong demand from the United States and other key trading partners, a favorable exchange rate, and increased competitiveness resulting from lower production costs.

Tuesday, 21 March, 2000