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Canada’s services trade surplus widens to $0.4 billion in August

Statistics Canada reported higher services exports and lower imports.

·Single primary source·First edition
  • Exports rose 0.7% to $21.1 billion; imports fell 0.4% to $20.7 billion.
  • The surplus widened from $0.2 billion in July to $0.4 billion in August.
Why it matters

The monthly figures show a larger surplus in services trade.

A little more context

Statistics Canada reported that commercial services exports increased 1.3% to $12.9 billion and travel services exports rose 0.6% to $5.9 billion. Transportation services exports fell 2.7% to $2.2 billion.

The agency said imports of transportation services decreased 1.2% to $3.7 billion, travel services imports fell 0.4% to $5.1 billion, and commercial services imports edged down 0.2% to $11.8 billion.

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The story’s history

  1. Version 1 · Yesterday

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How this brief is grounded

Canada’s services trade surplus widens to $0.4 billion in AugustStatistics Canada

Statistics Canada reported higher services exports and lower imports.Statistics Canada

Exports rose 0.7% to $21.1 billion; imports fell 0.4% to $20.7 billion.Statistics Canada

The surplus widened from $0.2 billion in July to $0.4 billion in August.Statistics Canada

The monthly figures show a larger surplus in services trade.Statistics Canada

Statistics Canada reported that commercial services exports increased 1.3% to $12.9 billion and travel services exports rose 0.6% to $5.9 billion.Statistics Canada

Transportation services exports fell 2.7% to $2.2 billion.Statistics Canada

The agency said imports of transportation services decreased 1.2% to $3.7 billion, travel services imports fell 0.4% to $5.1 billion, and commercial services imports edged down 0.2% to $11.8 billion.Statistics Canada

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