Close X
Saturday, November 16, 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

Border workers who nearly went on strike in June ratify new contract

Border workers who nearly went on strike in June ratify new contract
The union representing Canada's border workers says members have voted 91 per cent in favour of a new collective agreement. More than 9,000 Canada Border Services Agency workers were planning job action in June but the strike was averted when a tentative agreement was reached with the federal government.

Border workers who nearly went on strike in June ratify new contract

Anita Huberman, CEO of Surrey Board of Trade announces she will leave on August 30

Anita Huberman, CEO of Surrey Board of Trade announces she will leave on August 30
Huberman is the longest serving President and CEO of the Surrey Board of Trade, having served for 18 years – unprecedented in the chamber of commerce/board of trade industry. During her 31 years with the organization, having served in a variety of roles, she has built the organization up from a struggling entity into one of the largest organizations of its kind in Canada.

Anita Huberman, CEO of Surrey Board of Trade announces she will leave on August 30

B.C. NDP ministers Bains, Ralston and Fleming won't seek re-election

B.C. NDP ministers Bains, Ralston and Fleming won't seek re-election
Three provincial New Democrat ministers have announced they won't seek re-election in British Columbia's fall vote. Harry Bains, Bruce Ralston and Rob Fleming were all first elected in 2005 and have served five terms in the legislature, but say they will not stand on Oct. 19.

B.C. NDP ministers Bains, Ralston and Fleming won't seek re-election

Creating proposed online harms regulators could cost $200 million: budget watchdog

Creating proposed online harms regulators could cost $200 million: budget watchdog
The parliamentary budget officer estimates that staffing up the new regulators in the Liberals' Online Harms Act will cost around $200 million over five years.  The federal government wants to establish a Digital Safety Commission to regulate social-media companies and force them to limit harmful content online. 

Creating proposed online harms regulators could cost $200 million: budget watchdog

Federal government announces $19M for Science World upgrades in B.C.

Federal government announces $19M for Science World upgrades in B.C.
Infrastructure Canada says $19 million in upgrades to Vancouver's Science World will increase the facility's lifespan and reduce its energy consumption by more than 40 per cent. The federal government says the money will go toward repairing Science World's geodesic dome, the building envelope, and fixes to its heating, electrical and ventilation systems. 

Federal government announces $19M for Science World upgrades in B.C.

Woman dies in weekend drowning

Woman dies in weekend drowning
Mounties on the upper Sunshine Coast say a 29-year-old woman is dead after an apparent drowning over the weekend. They say it happened on Sunday near the barge terminal on Savary Island off the coast of Lund, north of Powell River.

Woman dies in weekend drowning