Small font size A Larger text size A Largest text size A

Canada's Merchandise Trade Deficit With the World Widened to $5.7 Billion in February

BY MT Newswires | ECONOMIC | 08:42 AM EDT

08:42 AM EDT, 04/02/2026 (MT Newswires) -- In February, Canada's merchandise trade activity increased "sharply", with imports rising 8.4% and exports increasing 6.4%, Statistics Canada says Thursday. As a result, StatsCan adds, Canada's merchandise trade deficit with the world widened from $4.2 billion in January to $5.7 billion in February, the largest deficit since August 2025.

StatsCan said: "Exchanges of gold were influential in the merchandise trade results in February. Excluding unwrought gold, silver, and platinum group metals, and their alloys, a product group largely composed of unwrought gold, imports rose 5.8%, while exports were up 5.5%."

BMO Economics in its morning note today said the goods trade deficit could narrow to $3.0 billion in February.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

Logan sketches path to shrink size of Fed balance sheet BY Reuters |ECONOMIC 10:17 AM EDT
AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries BY Business Wire |CORPORATE 09:49 AM EDT
AM Best Revises the Outlooks to Negative for Farmers Mutual Fire Insurance Company of McCandless Township BY Business Wire |CORPORATE 09:42 AM EDT
US trade deficit widens in February as imports offset record exports BY Reuters |ECONOMIC 09:39 AM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article