Canada’s Trade Deficit Widens as Auto Trade Weakens
Vehicles at the Annacis Auto Terminal on Annacis Island in Delta, British Columbia.
Photographer: James MacDonald/BloombergCanada’s trade deficit widened in January as exports of motor vehicles and parts fell to the lowest level in more than four years.
Canadian goods exports decreased by 4.7%, the biggest monthly decline since April 2025, Statistics Canada reported Thursday. That pushed the country’s trade shortfall to C$3.65 billion.