Energy Export Surge Carries Canada to Repeat Trade Surplus - Bloomberg
Posted March 2017
Canada posted a positive trade balance for the second month in December -- the first back-to-back surpluses in more than two years -- as the country benefits from rising oil prices.
The surplus of C$923 million ($700 million) in December follows the revised C$1 billion November reading, the federal statistics agency reported Tuesday from Ottawa. Energy-product exports jumped 16 percent on rising prices, the biggest monthly gain since 2010, helping offset a decline in shipments of manufactured goods.