Canada's trade surplus reaches highest level in four years

Canada's trade surplus reached its highest level in four years, totaling 4.24 billion Canadian dollars in May. Exports to the United States grew by 1.5%, reaching 53.72 billion dollars, boosting Canada's surplus with the U.S. to 11.6 billion dollars—the largest since the start of 2025. This increase was driven by rising exports of minerals and energy, while exports of oil and gold declined.

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