- Canada's trade deficit likely to improve to $2.9 billion - TDS
Market news
6 June 2019
Canada's trade deficit likely to improve to $2.9 billion - TDS
Analysts at TD Securities think that Canada’s international trade for April will give an early look at economic activity for Q2.
- “TD looks for the trade deficit to improve to $2.9 bn on weaker import activity, partially offset by a pullback in non-energy exports. We also see a risk of downward revisions to March on the heels of Q1 national accounts, which all else equal would imply a larger deficit for April.”
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