A monetary based measurement of the difference between exports and imports. Canada’s Balance of Trade is estimated by Statistics Canada. The highest balance of trade for Canada was 8524.80 CAD million and occurred in January of 2001 and the lowest of -4127.40 CAD million was reported in September of 2016. Exports surpassing imports means a surplus and is healthy for the economy and should be taken as bullish for the Canadian economy, while the inverse occurs if the Balance of trade is negative and is regarded as a deficit.
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