- Canada's trade balance likely to show CAD0.30 billion deficit for June – TD Securities
Market news
2 August 2019
Canada's trade balance likely to show CAD0.30 billion deficit for June – TD Securities
Analysts at TD Securities are expecting Canada’s international merchandise trade for June to show a return to a CAD0.30bn deficit, following the largest surplus since 2016.
- “Weaker exports should provide the main driver behind the soft print owing to a pullback in transportation equipment alongside weaker energy exports while imports should see little change on the month.”
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