Canada’s international trade activity increased by 1.3% year over year in December, including a 6.4% rise in exports – the strongest monthly expansion since May. A 3.2% drop in imports was the weakest result since Mar. 2016 and suggests the underlying economy may be struggling.Export growth has been helped by the CETA trade deal with Europe after Europe-bound exports surged 32.5% higher. Signing the USMCA trade deal could also help lock in higher export growth to the U.S. China remains the main problem with the Huawei-related spat having caused a 29.4% slide in exports. Nonetheless, Cana...
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