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Statistics Canada says trade surplus up in February as gold exports hit record high
(www.thestar.com)
Canada’s total trade balance with the world came in at a surplus of $367 million in February compared with a deficit of $595 million in January.
That is the most interesting of these various data points and ought to be the headline, not buried right at the bottom. Stats Canada is as much to blame as the journalists, who have demonstrated conclusively that they can never be expected to understand anything involving numbers.
But anyway it's good to see Canada's balance of trade looking a little more healthy than it did for most of the past 15 years.