Statistics Canada Says Merchandise Trade Deficit Widened to $1.9B in May

Statistics Canada Says Merchandise Trade Deficit Widened to $1.9B in May
Gantry cranes sit idle as a container ship is docked at port during a work stoppage, in Vancouver, on July 19, 2023. Darryl Dyck/The Canadian Press
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Statistics Canada says the country’s merchandise trade deficit widened to $1.9 billion in May as exports fell to their lowest level since July last year.

The agency says the result compared with a revised trade deficit of $1.3 billion for April. The initial reading had shown a deficit of $1.0 billion for the month.