Statistics Canada Says Country Posted $987M Merchandise Trade Deficit in July

Gantry cranes sit idle as a container ship is docked at port during a work stoppage, in Vancouver, on July 19, 2023. The Canadian Press/Darryl Dyck

Statistics Canada says the country posted a merchandise trade deficit of $987 million in July as imports fell on lower shipments of gold and the B.C. port strike.

The agency says the result compared with a revised deficit of $4.9 billion in June.