Canada's trade deficit widened to C$2.45 billion in January

Market news

6 March 2015

Canada's trade deficit widened to C$2.45 billion in January

Statistics Canada released the trade data on Friday. Canada's trade deficit widened to C$2.45 billion in January from a deficit of C$1.22 billion in December. December's figure was revised down from a deficit of C$0.65 billion. Analysts had expected a trade surplus of C$0.3 billion.

The decline was driven by falling oil prices.

Exports declined 2.8% in January. Exports of energy products declined 14.7%.

Imports were flat in January.

Building permits in Canada plunges 12.9% in January

U.S. trade deficit narrowed to $41.8 billion in January

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.