RBC Previews This Week's Merchandise Trade Data in Canada

BY MT Newswires | ECONOMIC | 03/09/26 09:15 AM EDT

09:15 AM EDT, 03/09/2026 (MT Newswires) -- Canada will publish its international merchandise trade data for Janaury on Thursday, said RBC.

Canada's January merchandise trade balance is expected to show exports and imports slowed following stronger readings late last year, noted the bank.

Energy prices surged in January, which likely drove much of the movement in the trade balance, given Canada's role as a major energy exporter, stated RBC.

At the same time, motor vehicle production appears to have softened early in the year, consistent with signals from Statistics Canada's advance manufacturing indicators, although a jump in December production could see exports rising with a lag in January, added the bank.

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