“Canada’s merchandise trade deficit with the world totalled $2.8 billion in May, widening from a $1.9 billion deficit in April,” Statistics Canada reported on Friday. Imports rose 1.7% in May to $51.1 billion. Year over year, total imports were up 3.5%. Total exports edged down 0.1% to $48.3 billion in May, mainly due to lower exports of motor vehicles and parts as well as metal ores and non-metallic minerals. Year over year, total exports were essentially unchanged. Imports from countries other than the United States rose 2.9% in May to $18.5 billion. Â Imports from the United States rose 1.0% in May to $32.6 billion, while exports to the United States fell 0.2% to $35.9 billion. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next CAD: Guided by the BoC – Westpac FX Street 4 years "Canada's merchandise trade deficit with the world totalled $2.8 billion in May, widening from a $1.9 billion deficit in April," Statistics Canada reported on Friday. Imports rose 1.7% in May to $51.1 billion. Year over year, total imports were up 3.5%. Total exports edged down 0.1% to $48.3 billion in May, mainly due to lower exports of motor vehicles and parts as well as metal ores and non-metallic minerals. Year over year, total exports were essentially unchanged. Imports from countries other than the United States rose 2.9% in May to $18.5 billion. Â Imports from the United States rose 1.0%… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.