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.

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