Supply Chain Research

Canada’s run of trade surpluses ended with a C$970 million ($720 million) deficit in February, compared to economists’ expectations of a C$600 million surplus. The first increase in imports in 12 months was the likely driver, including a return-to-normal of “special items” (read: miscellaneous and adjustments) as well as increased food and tobacco consumption. Exports increased 4%, but this was due solely to an increase in energy sales. Without these exports actually fell 4% on lower pharmaceutical, aerospace and auto shipments. The energy effect meant that Canada’s trade surplus with th...