Statistics Canada Reports $312M Merchandise Trade Deficit for December

Statistics Canada Reports $312M Merchandise Trade Deficit for December
A truck drives past stacked shipping containers in the Port of Montreal on Sept.19, 2023. The Canadian Press/Christinne Muschi
The Canadian Press
Updated:
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Statistics Canada says the country posted a merchandise trade deficit of $312 million in December, the first monthly trade deficit since July.

The result compared with a revised surplus of $1.1 billion in November. The initial reading for November released last month had shown a $1.6-billion surplus.