Canada Trade Surplus Shrunk by Nearly Half in November: Statistics Canada

A shipping container is loaded onto a ship in the Port of Montreal, on Sept.19, 2023. The Canadian Press/Christinne Muschi

Statistics Canada says the country’s merchandise trade surplus narrowed to $1.6 billion in November as imports rose and exports fell.

The result compared with a revised surplus of $3.2 billion in October. The initial reading for October released last month had been for a surplus of $3.0 billion.