Canada posts a merchandise trade surplus in May, reaching roughly $4.2 billion (reported as $4.2 billion to $4.24 billion across outlets), according to Statistics Canada data. Multiple reports say the surplus grows for the fourth consecutive month and reaches a four-year high. The surplus is described as the largest since at least May 2022. One source attributes the outcome in part to a rise in exports to the United States, indicating that stronger U.S.-bound shipments contribute to the improvement. While the reported headline figures vary slightly due to rounding, they consistently point to a surplus near $4.2 billion in May and a continued positive momentum after earlier monthly gains. Together, the outlets frame May’s result as a significant uptick in Canada’s trade balance, driven by merchandise trade performance and specifically supported by higher exports to the U.S. The reports rely on the same official Statistics Canada release and present the surplus figure as the central development.
Canada records $4.2B merchandise trade surplus in May, highest in four years
Canada posts a merchandise trade surplus in May, reaching roughly $4.2 billion (reported as $4.2 billion to $4.24 billion across outlets), according to Statistics Canada data. Multiple reports say the...
- Statistics Canada reports Canada’s merchandise trade surplus is about $4.2 billion in May (around $4.24 billion in one report).
- The surplus is the fourth consecutive monthly increase.
- The May surplus is described as a four-year high.
- At least one outlet links the improvement partly to higher exports to the United States.
- One report says it is the largest surplus since May 2022.
It's the largest trade surplus since May 2022
1 hour agoSurplus rose for the fourth consecutive month, reaching a four-year high
2 hours ago
Trump expected to consider restoring Turkey’s F-35 access at NATO summit
U.S. President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that the United States is prepare...
SpaceX set to join Nasdaq 100 on July 7, expected to trigger passive ETF buying
SpaceX is scheduled to be added to the Nasdaq 100 on July 7, following Nasdaq’s confirmation that the company meets incl...
Amazon seeks at least $25 billion from US dollar bond sale for AI investment
Amazon.com Inc. is pursuing a US dollar bond sale to raise at least $25 billion, according to reports from Bloomberg and...