OTTAWA—Canada recorded another month of print trade deficit for the first two months of 2009. According to the latest figures from Statistics Canada, the trade deficit sits at $34.6 million for 2009, down from a surplus of $14.0 million in the same period in 2008.

That’s a drop of 346.1%. Exports to the U.S. dropped to $68.09 million in February, down from $76.90 million at the same time last year. Imports from the U.S. were up, coming in at $70.10 million for the month, compared to $68.90 million in February 2008. Imports from China were $16.29 million, up from $13.80 million in the same period in 2008.

EXPORTS	2009	2008	Change
February	$84.20 million	$95.59 million	-11.9%
Year-to-date	$171.51 million	$201.56 million	-14.9%

IMPORTS	2009	2008	Change
February	$100.90 million	$95.36 million	5.8%
Year-to-date	$206.07 million	$187.52 million	9.9%