Supply Chain Research

Canadian exports climbed 13% to a new high in March, which was the fastest growth rate since July 2014 and double the rate of import growth. As a result the trade deficit was just 14% of the value expected by economists. The surplus vs. the U.S. jumped 228%. That isn’t helpful ahead of NAFTA negotiations, though the export growth was mostly driven by a 91% increase in energy. Excluding energy exports only increased 2%. That includes forestry which may contract due to the imposition of tariffs by the U.S. Auto exports dropped 6% due to weak sales in the U.S. with the result that Canada’s ...