Merchandise trade surplus $2.7 billion in April as oil prices help boost exports - BNN Bloomberg
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Heuristic (v1/v3)
-0.20 · CENTER
ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
0.000 · CENTER
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Rolling outlet bias
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Article Excerpt
OTTAWA — The country’s merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high, Statistics Canada said Tuesday.
The agency said the result was the largest surplus since January 2025 and compared with a surplus of $1.8 billion in March.
Total exports rose 1.6 per cent in April to reach a record $75.2 billion as exports of energy products rose 9.7 per cent, offset by a 17.5 per cent drop in metal and non-metallic mineral products.
Statistics Canada said that excluding energy products and the metal and non-metallic mineral group, expor…
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