stignasty Posted February 11, 2009 Report Share Posted February 11, 2009 Canada posts 1st monthly trade deficit since March 1976 Last Updated: Wednesday, February 11, 2009 | 8:45 AM ET CBC News A sharp fall in exports in December pushed Canada to its first monthly trade deficit since March 1976, Statistics Canada said Wednesday. http://www.cbc.ca/money/story/2009/02/11/tradedeficit.html Quote Link to comment Share on other sites More sharing options...
Moonbox Posted February 11, 2009 Report Share Posted February 11, 2009 Won't last long. Oh well. Quote Link to comment Share on other sites More sharing options...
Progressive Tory Posted February 11, 2009 Report Share Posted February 11, 2009 Canada posts 1st monthly trade deficit since March 1976Last Updated: Wednesday, February 11, 2009 | 8:45 AM ET CBC News A sharp fall in exports in December pushed Canada to its first monthly trade deficit since March 1976, Statistics Canada said Wednesday. http://www.cbc.ca/money/story/2009/02/11/tradedeficit.html Sign of the times I guess. Quote Link to comment Share on other sites More sharing options...
punked Posted February 11, 2009 Report Share Posted February 11, 2009 This great news for Harper Quote Link to comment Share on other sites More sharing options...
August1991 Posted February 11, 2009 Report Share Posted February 11, 2009 I think everyone is missing the bigger fact in this news item. Both imports and exports are down. Exports are down 9.7% and imports down by 5.7%. (I'll assume these are seasonally adjusted annual basis numbers.) I wouldn't call this a leading indicator of what's going on but it certainly reflects the general economic situation. Canada is weathering the global economic contraction better than most places and different people, including Stephen Harper and Paul Martin, can take credit for this. By nature, most Canadians are conservative people and this nature is now showing its strength. Quote Link to comment Share on other sites More sharing options...
capricorn Posted February 11, 2009 Report Share Posted February 11, 2009 This great news for Harper ...says the resident spammer. Quote Link to comment Share on other sites More sharing options...
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