7 years ago
Canada sees third straight trade surplus; gains 'no longer a blip'
Canada posted a third consecutive monthly trade surplus in January, the first such stretch since 2014, in another signal that the economy is gaining momentum after slumping for more than two years due to low oil prices. Statistics Canada on Tuesday reported a surplus of $807-million, which slightly exceeded analysts’ forecasts of a $700-million surplus. Statscan revised December’s surplus sharply lower to $447-million from an initial $923-million.
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