Canada’s trade deficit widened to C$3.73 billion ($2.77 billion) in June from May, the largest in nearly three years, as exports dropped 2.2%, outpacing an 0.5% decline in imports, Statistics Canada said on Tuesday.
Analysts in a Reuters poll had forecast a shortfall of C$2.90 billion. Statscan revised May’s deficit to C$2.68 billion from C$3.44 billion reported initially.
