Canada Returns to Trade Surplus in October

(Reuters/Statistics Canada)

Canada unexpectedly returned to a trade surplus in October after three months of deficits as exports to the United States picked up steam and gold and energy prices rose. Statistics Canada said on Thursday the trade surplus in October totaled C$428 million ($408 million). Analysts polled by Reuters poll had forecast a C$700 million deficit, while trade deficit in September was C$850 million. […]

The economy just managed to wriggle out of recession in the third quarter with annualized growth disappointing markets at just 0.4%.Summary statistics and a link to the data files are on the Statistics Canada website. Export and import price indexes are available here.