Home Squawk Canada Trade Deficit Widens Sharply in June

Canada Trade Deficit Widens Sharply in June

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Canada’s trade deficit increased to CAD 3.19 billion in June 2020 from CAD 1.33 billion in May and market expectations were CAD 0.9 billion.

The import sector jumped 21.8% to CAD 42.9 billion while exports increased 17.1% to 39.71 billion CAD.