Canadian Politics Today

Federal Politics => Canadian Politics => Topic started by: cybercoma on February 07, 2017, 03:11:12 pm

Title: 2nd Consecutive Trade Surplus (December)
Post by: cybercoma on February 07, 2017, 03:11:12 pm
$923M vs expectation of $350M. Record exports at $46.4 Billion. This was almost entirely due to the weak dollar and higher profits, since the amount of exports had fallen. Technically this means the economy, in terms of the amount of goods contracted.

Article: http://www.theglobeandmail.com/report-on-business/economy/canada-posts-bigger-than-expected-december-trade-surplus/article33920996/
Title: Re: 2nd Consecutive Trade Surplus (December)
Post by: Blueblood on February 08, 2017, 12:54:15 am
That doesn't look good for productivity numbers and for us wanting to buy things. 
Title: Re: 2nd Consecutive Trade Surplus (December)
Post by: cybercoma on February 08, 2017, 07:52:26 am
Yeah. It's definitely not all good news.