Canada trade balance Canada trade balance for March (C$) -0.51B vs -1.56B estimate
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- Prior -$1.52B
- Trade Balance for March C$-0.51B vs C$-1.56B est.
- Exports C$69.90 billion versus C$70.04B last month
- Imports C$70.40 billion versus C$71.44B last month
The modest decline is still a drag on the Canadian growth, but it was still better than expectations and something closer to 0 is better for US/Canada relations.
PM Carney will be meeting with Pres. Trump today. I wonder what his mood will be on the first visit since it being elected?
This article was written by Greg Michalowski at www.forexlive.com.
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