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flag Canada recorded a $638M trade surplus in June due to increased oil and gold exports.

flag Canada recorded a $638M trade surplus in June due to increased oil and gold exports, surpassing economists' expectations of a deficit. flag Total exports increased 5.5% to $66.6B, driven by energy product exports and gold, while total imports rose 1.9% to $66B, with car imports leading the increase. flag This marks the first trade surplus since February and is in line with the Bank of Canada's expectations of stronger economic growth in H2 2024.

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