Canada’s trade with the United States falls by almost $2 billion compared with figures from the first quarter of 2024, continuing into the first three months of 2026, according to reports from Business in Vancouver and City News Toronto. The articles, citing an Ottawa-based update, state that the decline is measured in the overall value of Canada’s trade with the U.S. between the earlier reference period and the more recent three-month period ending in early 2026.
Across the sources, the main reported figure is the size of the drop—nearly $2 billion—over roughly two years. All outlets describe the comparison using the same timeframes: Q1 2024 versus the first quarter’s successor period in 2026 (the first three months of 2026). No additional details are provided in the excerpts about the specific categories of goods, causes of the decline, or whether the change reflects exports, imports, or a combined measure. The reports present the trend as a decline in trade value rather than attributing it to particular economic or policy factors.