Statistics Canada released August trade balance data on October 7, 2025. The reported figure was a deficit of CAD 6.32 billion, compared to a forecast of CAD 5.55 billion and a prior reading of CAD 4.94 billion.Definition: The trade balance represents the difference between a country's total exports and total imports over a specific period. A surplus occurs when exports exceed imports; a deficit occurs when imports exceed exports. This indicator directly affects domestic manufacturing output and prices.Market Impact: A reported figure higher than the forecast is generally considered positive for the Canadian dollar. The importance of this data is rated at level 2. The statistical methodology involves tracking changes in the value of imported and exported goods for the reporting month. The release frequency is monthly, with the next publication scheduled for November 4, 2025.
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