Canada's August trade surplus hits C$4.2 billion, well above expectations
Canada's merchandise trade surplus widened to C$4.2 billion in August, beating expectations of C$1.55 billion, as exports rose and imports fell.
06/10/2026 12:428 min read
Canada's merchandise trade surplus widened to C$4.2 billion in August, beating expectations of C$1.55 billion, as exports rose and imports fell.
Canada's GDP was unchanged in July, matching expectations. An August flash estimate points to a 0.2% gain.
Canadian retail sales fell 0.7% in July, slightly better than the expected 0.8% drop, but core sales and volume pointed to softer demand.
USDCAD retreats to 1.4000 after rally stalls; bulls must hold above 1.39893 to maintain bias.
Canadian building permits fell 17.3% in July, far exceeding the 6.4% decline expected, driven by broad weakness in non-residential and residential sectors.
Canada's July wholesale sales rose 0.3%, beating the -0.5% forecast, though volumes fell 0.6%.