06/10/2026
Canada’s latest international merchandise trade data was released by Statistics Canada, and the results offered positive news for the Canadian economy. Exports climbed to a record high in April, helping push Canada’s trade surplus well above March levels.
The ongoing conflict in the Middle East continued to play a key role, keeping energy prices elevated and global demand for Canadian oil and natural gas strong. The data also showed continued progress on the US trade front, despite the backdrop of US tariffs.