Canada’s trade deficit came in wider than expected in October as exports remain well below pre-pandemic levels.
The deficit was C$3.76 billion ($2.9 billion), from a revised C$3.82 billion in September, Statistics Canada reported Friday in Ottawa. Economists had forecast a deficit of C$3.1 billion, the median of 12 forecasts in a Bloomberg survey.
In October, exports were up 2.2%, versus a 1.9% gain for imports.