CATB
  • Prior -$2.28 billion; revised to -$1.99 billion
  • Exports $64.45 billion
  • Prior $62.56 billion; revised to $62.81 billion
  • Imports $65.50 billion
  • Prior $64.84 billion; revised to $64.80 billion

The Canadian trade deficit eased in April as exports grew by 2.6%, with the export of energy products being the main contributor. Of note, natural gas exports rose by ~60% to return to more typical levels following a low in March. Imports also rose on the month but less so by 1.1%.