In August, Canada's merchandise exports increased 5.7%, while imports rose 3.8%. These strong monthly gains followed disruptions in port operations in British Columbia, which affected merchandise trade activity in July. Canada's merchandise trade balance went from a deficit of $437 million in July to a surplus of $718 million in August, the first trade surplus observed since April. These trade balances are close to the typical bounds for monthly revisions to imports and exports. The contribution of prices to the monthly movements was noteworthy in the results for merchandise exports and imports. In real (or volume) ... (full story)