Statistics Canada Reports $1.5B Trade Deficit for February as Exports Fell

Cargo containers are seen stacked at the Port of Vancouver Centerm container terminal as the container ship MSC Lily sits at anchor in the harbour, in Vancouver, on Oct. 14, 2022. The Canadian Press/Darryl Dyck

The country’s merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday.

The federal agency said the result compared with a surplus of $3.1 billion in January.