Canada's trade surplus widens to more than 4-year high in August, as front-loading ramps up - CBC
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BusinessCanada's trade surplus with the U. S. hit a 19-month high in August, Statistics Canada reported on Tuesday. Exporters shipped more to the U. S. to beat looming 50% tariffs from Trump administrationThe Associated Press · Posted: Oct 06, 2026 9:36 AM EDT | Last Updated: October 6Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Transport trucks are seen in Aulac, N. B. (CBC)Canada's trade surplus widened substantially in August to $4.2 billion, data showed on Tuesday, as exporters rushed to increase shipments to the U. S. before President Donald Trump's new tariffs took effect. Analysts polled by Reuters had forecast the trade surplus would expand to $1.55 billion, from an upwardly revised $787 million. As exporters shipped more to the U. S. to beat the looming 50 per cent tariffs, Canada's exports stateside surged 8.1 per cent in August, while imports from the U. S. were down 2.5 per cent, Statistics Canada reported. This change helped Canada post a trade surplus with the U. S.
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