Canada had a super big trade surplus in January! That means they sold a lot more stuff to other countries than they bought. This was the best trade surplus in over two years. It happened because of some worries about new taxes on Canadian goods from the U.S.
- Canada sold lots more cars and energy products, especially to the U.S.
- The trade surplus was C$3.97 billion (that's like $2.78 billion in US money!).
- This was much higher than expected!
- A weaker Canadian dollar helped boost the value of exports.
| Fact | Number |
|---|---|
| Trade surplus (Canadian dollars) | C$3.97 billion |
| Trade surplus with the US (Canadian dollars) | C$14.4 billion |
| Total exports (Canadian dollars) | C$74.5 billion |
| Increase in motor vehicle exports | over 12% |
