shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,927
- 42,961
- 3,605
I never want to hear even one traitor blame me. I warned this nation for years as I was abused, silenced and cast off as a "persona non grata" in my own damn nation.
They have destroyed too many lives to count. Ultimately they did MUCH more than that in the process I suspect.
OTTAWA, Jan 29 (Reuters) - Canada posted a huge jump in its monthly international trade deficit in November as merchandise exports dropped by a big margin, data showed on Thursday, and economists said firms were still pursuing their drive to diversify trade away from the U.S.
It posted a goods trade deficit of C$2.2 billion ($1.62 billion) in November, compared with an upwardly revised C$395 million registered in October, Statistics Canada said.
Barring September, when Canada posted a marginal surplus, there has been a trade deficit with the U.S. since February 2025, coinciding with the start of uncertainty driven by President Donald Trump's tariffs and takeover threats.
Trump's levies on imports of steel, automotive, aluminum and lumber have hit these critical Canadian sectors hard, pushing exporters to find new markets.
Exports to the U.S. accounted for over 68% of total outbound shipments from Canada in November, down from 76% a year ago.
The November deficit was largely driven by a 24.4% drop in exports of metals and nonmetallic goods, led by a fall in exports of unwrought gold, StatsCan said.
Large declines were observed in exports of unwrought gold to Britain, the United States and Hong Kong. In volume terms, exports were down 0.9%
They have destroyed too many lives to count. Ultimately they did MUCH more than that in the process I suspect.
OTTAWA, Jan 29 (Reuters) - Canada posted a huge jump in its monthly international trade deficit in November as merchandise exports dropped by a big margin, data showed on Thursday, and economists said firms were still pursuing their drive to diversify trade away from the U.S.
It posted a goods trade deficit of C$2.2 billion ($1.62 billion) in November, compared with an upwardly revised C$395 million registered in October, Statistics Canada said.
Barring September, when Canada posted a marginal surplus, there has been a trade deficit with the U.S. since February 2025, coinciding with the start of uncertainty driven by President Donald Trump's tariffs and takeover threats.
Trump's levies on imports of steel, automotive, aluminum and lumber have hit these critical Canadian sectors hard, pushing exporters to find new markets.
Exports to the U.S. accounted for over 68% of total outbound shipments from Canada in November, down from 76% a year ago.
The November deficit was largely driven by a 24.4% drop in exports of metals and nonmetallic goods, led by a fall in exports of unwrought gold, StatsCan said.
Large declines were observed in exports of unwrought gold to Britain, the United States and Hong Kong. In volume terms, exports were down 0.9%
