Canada January trade balance -3.65B vs -0.9B expected

  • Prior was -1.30B
  • Exports 62.48B vs 65.55B prior
  • Imports 66.13B vs 66.85B prior

Separately:

  • Wholesale trade -1.0% vs -0.6% expected (+1.8% prior)
  • Building permits +4.9% vs -1.3% expected (+6.1% prior)

With weak trade and wholesale data, Canada is off to a poor start to the year.

This article was written by Adam Button at investinglive.com.

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