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Story perspectives

Canada Achieves First Trade Surplus Since January

12/12/2025

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Story summary
  • Canada posted C$153 million trade surplus in September, its first since January, after August's C$6.4 billion deficit, as exports rose 6.3% led by aircraft and gold.
  • Exports to the United States rose 4.6%, contributing to a surplus of C$8.6 billion with its largest trading partner.
  • Imports fell 4.1%, signaling weakness in domestic demand.
  • Economists caution that while data signal a recovery, challenges remain amid United States–Mexico–Canada Agreement (USMCA) talks.