AFP, Ottawa :
Canada’s trade deficit was essentially unchanged in September from the previous month, totalling Can$3.2 billion (US$2.5 billion), the government said Friday.
Analysts had forecast a Can$2.9 billion deficit in the month following a Can$3.4 billion shortfall in August.
According to Statistics Canada, exports fell 0.3 percent on lower passenger car and light truck exports, while imports decreased 0.3 percent on lower prices.
Exports were down for a fourth consecutive month since a record high in May, despite increases in most categories, to Can$43.6 billion.
The nearly 16 percent drop in exports of passenger cars and light trucks was due to work stoppages in the automotive industry as well as changes to certain models destined for the American market.
Canada’s trade deficit was essentially unchanged in September from the previous month, totalling Can$3.2 billion (US$2.5 billion), the government said Friday.
Analysts had forecast a Can$2.9 billion deficit in the month following a Can$3.4 billion shortfall in August.
According to Statistics Canada, exports fell 0.3 percent on lower passenger car and light truck exports, while imports decreased 0.3 percent on lower prices.
Exports were down for a fourth consecutive month since a record high in May, despite increases in most categories, to Can$43.6 billion.
The nearly 16 percent drop in exports of passenger cars and light trucks was due to work stoppages in the automotive industry as well as changes to certain models destined for the American market.
