Statistics Canada reports Canada’s merchandise trade surplus increases to $3.9 billion in June. Multiple outlets attribute the larger surplus partly to a weaker Canadian dollar (the loonie), which raises the Canadian-dollar value of trade. The reports state that the result represents an improvement from the previous period, where the surplus was lower. Statistics Canada’s release frames the June figure as a stronger balance between exports and imports for merchandise trade. While the coverage highlights the role of exchange-rate effects in lifting trade values, the overall headline outcome is that Canada records a higher merchandise trade surplus in June than in the prior comparative period cited by the outlets. The reports do not indicate specific commodities or trading partners driving the change beyond the currency factor, focusing instead on the aggregate trade balance for the month. The surplus figure is presented as official data from Statistics Canada released on Tuesday.