Close X
Saturday, November 23, 2024
ADVT 
National

Statistics Canada says country posted $684M merchandise trade surplus in July

Darpan News Desk The Canadian Press, 04 Sep, 2024 10:25 AM
  • Statistics Canada says country posted $684M merchandise trade surplus in July

Statistics Canada says the country posted a merchandise trade surplus of $684 million in July.

The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million.

In July, Statistics Canada says imports fell 1.7 per cent to $65.0 billion.

Imports of motor vehicles and parts fell 10.8 per cent as imports of passenger cars and light trucks fell 18.7 per cent after hitting a record high in June.

Exports edged down 0.4 per cent in July to $65.7 billion as exports of motor vehicles and parts declined 5.4 per cent.

In volume terms, imports fell two per cent in July, while exports decreased 1.5 per cent.

 

MORE National ARTICLES

NDP pulling out of supply and confidence deal with Liberals

NDP pulling out of supply and confidence deal with Liberals
NDP Leader Jagmeet Singh has ripped up the supply and confidence deal with the Liberals that helped keep the minority government in power.  In a social media video posted Wednesday afternoon, NDP Leader Jagmeet Singh said he notified Prime Minister Justin Trudeau of the decision. 

NDP pulling out of supply and confidence deal with Liberals

Man arrested over two serious incidents near downtown Vancouver theatre

Man arrested over two serious incidents near downtown Vancouver theatre
Vancouver police say a man has been arrested in connection with two serious incidents in the downtown area. Police say on social media platform X, formerly known as Twitter, that the crime scenes are on Georgia Street near Homer and Hamilton streets.

Man arrested over two serious incidents near downtown Vancouver theatre

Veteran BC United legislator Mike Bernier to run as independent in fall election

Veteran BC United legislator Mike Bernier to run as independent in fall election
Veteran British Columbia legislator Mike Bernier will run in the fall provincial election as an independent instead of joining several former BC United candidates in running under the B.C. Conservatives banner. Bernier says he did not want to "bend" his morals and values by running with the provincial Conservatives, describing some of the party's candidates as holding views that are "anti-women's rights, anti-climate change" and "anti-First Nations."

Veteran BC United legislator Mike Bernier to run as independent in fall election

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts
Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity. The central bank brought its key lending rate to 4.25 per cent on Wednesday amid softness in the economy and easing inflation.

BOC interest rate cut welcome news for homeowners with variable-rate mortgages: experts

NDP pulling out of confidence deal with Liberals

NDP pulling out of confidence deal with Liberals
Federal NDP Leader Jagmeet Singh says he has ripped up the supply and confidence deal his party had with the minority Liberal government that helped keep them in power. Singh says he notified Prime Minister Justin Trudeau today that he is no longer propping up his government. 

NDP pulling out of confidence deal with Liberals

Police investigate two serious incidents near downtown Vancouver theatre

Police investigate two serious incidents near downtown Vancouver theatre
Vancouver police say extra officers are patrolling an area of downtown after two serious incidents this morning that may be linked. Police say in a post on social media platform X, formerly known as Twitter, that the crime scenes are on Georgia Street near Homer and Hamilton streets, and investigators are unsure if they are related.

Police investigate two serious incidents near downtown Vancouver theatre

PrevNext