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Recession fears over? Canada's trade surplus jumps $2.7 billion — a 'positive for the economy'
Experts say the increase in exports points to possible economic growth this spring which, along with encouraging GDP data for April, could help calm fears of a recession.
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thestar.com
Merchandise trade surplus $2.7 billion in April as oil prices help boost exports
OTTAWA - Statistics Canada says the country's merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high.
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financialpost.com
Canada's economy posts biggest trade surplus in more than a year
Canada posted a trade surplus for the second consecutive month in April, driven primarily by higher prices for oil and energy. Read more
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cryptobriefing.com
Canada's trade surplus widens as crude oil exports hit record high
Canada's trade surplus widened to C$2.7 billion in April 2026 as crude oil exports surged 7% and total merchandise exports hit a record C$75.2 billion.
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Recession fears over? Canada's trade surplus jumps $2.7 billion — a 'positive for the economy'
Experts say the increase in exports points to possible economic growth this spring which, along with encouraging GDP data for April, could help calm fears of a recession.