Imports rose 1.2% to $50.9 billion with gains in six of 11 sectors.
Promises “not to use exchange rates for competitive purposes.”
Exports hit new high; merchandise trade balance with the world widened to $807 million in January.
Deficit was far bigger than the $850 million that economists had expected.
Merchandise exports rose 1.1% in June to a record high of $45.2 billion.
Merchandise exports rise 4.5 per cent in November while imports up only 0.8 per cent, increasing Canada’s trade surplus by $1.5 billion.
Canada recorded its first trade surplus in months in September as exports grew 4.2%, while imports declined 0.3%, reports Statistics Canada.