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Canada posts October trade deficit as exports shift away from U.S. market

Canada posts October trade deficit as exports shift away from U.S. market

(Horizon Weekly) — Canada recorded a smaller-than-expected trade deficit in October, while the share of exports destined for the United States fell to its lowest non-pandemic level on record, highlighting a gradual shift in the country’s trade patterns. Statistics Canada reported a trade deficit of C$583 million for the month, as imports rose faster than [...]The post Canada posts October trade deficit as exports shift away from U.S. market first appeared on Horizon Weekly.

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