Merchandise trade surplus $2.7 billion in April as oil prices help boost exports
The country’s merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high, Statistics Canada said Tuesday.
Energy & Commodities
U.S. energy chief says oil exports through Strait of Hormuz, Gulf will ‘continue to rise’
U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.
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Trade War
Mark Carney’s trade push collides with reality of U.S. dependence
Prime Minister Mark Carney has captured global attention by championing the idea of an alliance of mid-level economic powers that would operate beyond U.S. President Donald Trump’s increasingly protectionist United States.
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