Canada’s merchandise trade surplus expanded to C$5.4 billion in September, its highest level since May 2022, according to data released November 4. The surplus widened from a revised C$5.0 billion in August, exceeding analysts’ expectations of C$4.1 billion. Exports edged up 0.2% to a record C$78.6 billion, led by gold shipments and energy products. Imports fell 0.3% to C$73.2 billion, as purchases of vehicles and consumer goods declined. The figures reflect trade in goods, not services
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