Canada’s trade deficit widens in Fe­bru­ary

China Daily (Canada) - - BUSINESS -

Canada’s trade deficit tripled to 1.9 bil­lion Cana­dian dol­lars ($1.5 bil­lion) in Fe­bru­ary due to a sharp de­crease of ex­ports, ac­cord­ing to the of­fi­cial Sta­tis­tics Canada. Jan­uary saw a deficit of 628 mil­lion Cana­dian dol­lars. In both price and vol­ume terms, Fe­bru­ary’s ex­ports fell 5.4 per­cent from a record high in Jan­uary, push­ing the to­tal value of ex­ports down to 43.7 bil­lion Cana­dian dol­lars. The monthly de­te­ri­o­ra­tion in trade deficit was due to the pay­back on strong num­bers the month be­fore and left a strong quar­ter in­tact so far, Sco­tia­bank said.

GAOERQIANG / CHINA DAILY

Chil­dren en­joy them­selves at the Shang­hai Le­goland Dis­cov­ery Cen­ter, the 14th of its kind in the world, which has just opened. The other Le­goland cen­ters are mainly lo­cated in Europe and North Amer­ica.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.