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Canada's trade deficit widened to C$5.9 billion

Canada’s trade gap widens amid tariff tensions
Canada’s trade surplus with the U.S. grew to $3.9 billion in June, up from $3.6 billion the month before. However, exports to the U.S. remained 12.5% lower than a year earlier, weighed down by American tariffs and weaker shipments of autos and metals.
Canada’s trade deficit widened to $5.9 billion in June
Canada’s merchandise trade deficit widened in June to $5.9 billion (US$4.24 billion) as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
Canada's trade deficit narrowed to $5.9B in May, as trade with U.S. continues to decrease
While exports to the U.S. were down, trade to other countries was up. Canada sent 30.1 per cent more unwrought gold, silver and platinum group metals to other countries, including the United Kingdom, for example, and 13.3 per cent more meat products to Japan.
Canada's trade deficit widened in June to second largest on record
Canada's merchandise trade deficit widened in June to C$5.9 billion ($4.24 billion) as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday. The deficit observed in June is the second highest on record after the deficit expanded to its largest in history in April to C$7.
Canada records trade deficit of C$5.86B in June
The unemployment rate in Canada decreased to 6.9% in June from 7% in May of 2025.
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