Canada’s Trade Deficit Widens Sharply in April as Gold Imports Surge

Canada’s Trade Deficit Widens Sharply in April as Gold Imports Surge

Canada recorded a much larger-than-expected trade deficit in April 2026, driven primarily by a sharp rise in gold imports. According to official data, the country’s merchandise trade deficit expanded to C$5.74 billion, compared to a revised C$4.18 billion in the previous month. This figure far exceeded analysts’ expectations, which had predicted a deficit of around … Read more