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U.S. trade dries up in May but Canada’s exports to other nations rise: StatCan

Statistics Canada says the country’s merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher.

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Statistics Canada says merchandise trade deficit $5.9 billion in May

Trucks cross between the United States and Ontario, Canada across the Ambassador Bridge, Monday, Feb. 3, 2025, in Detroit.


OTTAWA - Canadian exports heading to the United States continued to dry up in May as trade picked up with other nations, Statistics Canada said Thursday.

The agency said Canada’s merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher.

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