Canada net trade likely dragged GDP at start of third quarter
Market talk cites Capital Economics’ Ariane Curtis saying Canada’s net trade weighed on GDP at the start of Q3, with July’s goods-trade surplus narrowing tied to lower export volumes and weaker energy and metal prices.
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02:51:26 PM UTC
SquawkNews
Canadian trade figures for July were soft but largely were a look in the rearview mirror as the trade landscape has shifted again, says Bank of Montreal's Shelly Kaushik. The merchandise-trade surplus narrowed to roughly C$800 million from C$4.2 billion in June, with exports down on lower energy an…
Canadian trade figures for July were soft but largely were a look in the rearview mirror as the trade landscape has shifted again, says Bank of Montreal's Shelly Kaushik.
The merchandise-trade surplus narrowed to roughly C$800 million from C$4.2 billion in June, with exports down on lower energy an…