Canada's Unexpected Trade Deficit In October May Hurt Its Fourth Quarter Economic Growth.

Canada's Statistics Bureau announced Friday's October accident. Trade The deficit reflects the economic problems of the United States and Europe, and the fourth quarter economic growth is likely to cool. Canada's trade deficit in October was 885 million Canadian dollars, and its surplus was 1 billion 30 million Canadian dollars in September. The market expects a surplus of 600 million Canadian dollars in October.

Canada's appreciation and global economy are full of uncertainties. Exit It has been hard for some time. After three consecutive months of growth, exports decreased by 3% to $38 billion 370 million in October, as exports of industrial goods and materials, especially metals and alloys, and energy products declined. Imports increased by 1.9% to a record $39 billion 260 million, due to increased imports of machinery and equipment.

Imports from the United States increased by 3%, while exports dropped by 0.9%. Bilateral trade between the US and Canada in October surplus As a result, it dropped to $3 billion 100 million, which was $4 billion 80 million in September.