November trade data

Ottawa (Rajeev Sharma): Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell steeply, led by a significant decline in metal and non-metallic product shipments, data released by Statistics Canada on Thursday showed. The country posted a goods trade deficit of C$2.2 billion (US$1.62 billion) in November, widening sharply from an upwardly revised deficit of C$395 million in October. With the exception of September, when Canada registered a marginal surplus, the trade balance has remained in deficit since February last year, coinciding with uncertainty triggered by tariff threats from U.S. President Donald Trump.…