Canada's trade surplus soars to highest point in 13 years | Malay Mail

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OTTAWA, Jan 7 ― Canada posted its biggest trade surplus in more than 13 years in November as record exports offset the effects of flooding in the west of the country, the government said yesterday. The surplus of C$3.1 billion (RM10.26 billion) was well above what economists had expected. For the...

OTTAWA, Jan 7 ― Canada posted its biggest trade surplus in more than 13 years in November as record exports offset the effects of flooding in the west of the country, the government said yesterday.For the second month in a row, both exports and imports hit levels not seen since September 2008.

In November, large shipments of Covid-19 medication came into Canada for packaging and labelling, and most of it was later exported the same month. This caused a boost to both export and import statistics.

 

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