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flag Canada's trade surplus reached a 32-month high of $3.97 billion in January, contrasting with the U.S.'s record trade deficit.

flag In January, Canada's trade surplus hit a 32-month high of $3.97 billion, driven by a 5.5% increase in exports to a record $74.5 billion, partly due to anticipated US tariffs. flag This surge was particularly strong in motor vehicle and energy product exports. flag Meanwhile, the US trade deficit widened to a record $131.4 billion, as imports surged by 10% amid tariff concerns, outpacing a 1.2% increase in exports.

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