Global Trade
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Exports Fall for the First Time in Six Months
Canadian Economics September 3, 2026
Canada’s merchandise exports fell 2.3 per cent in July, largely reflecting lower exports of precious metals and energy products. Meanwhile, imports rose 2.2 per cent, led by record-high imports of motor vehicles and parts. As a result, Canada’s merchandise trade surplus narrowed from $4.2 billion in June to $769 million in July.
Quick take • 3-min read
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