Statistics Canada Reports Country Posted $1B Merchandise Trade Deficit for April

Statistics Canada Reports Country Posted $1B Merchandise Trade Deficit for April
A container ship is loaded in the Port of Montreal, on Sept.19, 2023. The Canadian Press/Christinne Muschi
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Canada posted a merchandise trade deficit of $1.0 billion in April, as exports of natural gas and crude oil climbed higher, Statistics Canada said on June 6.

The agency said the result comes after a revised deficit of $2.0 billion for March compared with an initial reading that showed a deficit of $2.3 billion for the month.