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Statistics Canada today reported that the  trade deficit with the world narrowed from $3.4 billion in February to $3.2 billion in March to come in worse than analysts’ estimate for a deficit of $2.45 billion.  

“Canada’s exports rose 3.2% in March, led in part by higher exports of energy products. Imports increased 2.5%, mainly on higher imports of consumer goods,” the press release further read.