currencyimpact

Canada’s June trade surplus rises to $3.9bn on weaker loonie and gold exports

Canada’s merchandise trade surplus widened to $3.9 billion in June, driven by record exports and a weaker Canadian dollar. Exports of metal and non-metallic minerals surged 16.5%, while imports rose modestly. Economists caution that looming U.S. tariffs could disrupt momentum in the coming months.