28 May 2009
Trade Watch: Printing deficit continues
OTTAWA—Canada continued to record a print trade deficit for the first three months of 2009. According to the latest figures from Statistics Canada, the trade deficit sits at $59.20 million for 2009, down from a surplus of $26.87 million in the same period in 2008.

That’s a drop of 320.3%. Exports to the U.S. dropped to $77.72 million in March, from $82.83 million at the same time last year. Imports from the U.S. were up, coming in at $81.90 million for the month, compared to $70.69 million in March 2008. Imports from China were $16.91 million, up from $11.68 million in the same period in 2008.


EXPORTS 2009 2008 Change
March $90.53 million $108.74 million -16.7%
Year-to-date $262.10 million         $310.30 million       -15.5%

IMPORTS 2009 2008 Change
March $114.57 million $95.80 million 16.4 %         
Year-to-date $321.29 million $283.42 million     13.4%
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