Supply Chain Research

Canada delivered a C$0.5 billion trade surplus in November, the first since September 2014 and compared to a C$1.6 billion deficit expected by economists. The trade surplus with the U.S. reached its highest since August 2014. The gain came from a 19% rise in energy exports on a year earlier – more is likely after the oil price climbed 40% in December. A major drag was a 4% drop in auto exports. This was only the fourth fall in 35 months. It may be a taste of what’s to come if the incoming Trump-administration turns its attentions within NAFTA from Mexican auto exports to those from Canad...