OTTAWA—Canada’s print trade deficit continues to worsen, according to the latest figures from Statistics Canada. The trade deficit sits at $176 million for the January-December period, down from a surplus of $71 million in the same period in 2007. That’s a drop of 348.4%. Exports to the U.S. dropped to $81.81 million in December, from $84.36 million at the same time last year. Imports from the U.S. were way up, coming in at $84.72 million for the month, compared to $65.33 million in December 2007. Imports from China were $18.73 million, up from $13.81 million in the same period in 2007.

EXPORTS	2008	2007	Change
December	$106.95 million	$103.64 million	3.2%
Year to date	$1.25 billion	$1.43 billion	-12.5%

IMPORTS	2008	2007	Change
December	$122.57 million	$92.93 million	31.2%
Year to date	$1.42 billion	$1.36 billion	5.0%