Statistics Canada Says Merchandise Trade Deficit $323M in November

Pumpjacks draw out oil and gas from well heads as wildfire smoke hangs in the air near Calgary, on May 12, 2024. The Canadian Press/Jeff McIntosh

Canada’s merchandise trade deficit with the world narrowed to $323 million in November as growth in exports outpaced imports, Statistics Canada said Tuesday.

The result compared with a revised deficit of $544 million in October.